What is Dain? How Does It Work?

cryptogun89 (28)in #dain • 5 years ago

Just as electricity and the Internet transformed everything, artificial
intelligence (AI) and blockchain will disrupt every industry in the coming years.

To lead this transformation, we are building DAIN, a decentralized, geographically dispersed network specialized in AI problems and governed through blockchain.

DAIN is a new generation artificial intelligence platform enabling the efficient utilization of the computing resources of any device to solve complex computational problems.

DAIN does not have its own computing resources. Instead, it makes use of free computing resources from any computer or device, from private datacenters to smartphones and IoT devices.

DAIN aims to provide easy, affordable access to AI, enabling all consumers, from
small businesses to large corporations, to extract knowledge from big data,reduce time-to-market in the generation of models,and monetize data and knowledge.

DAIN enables users to rent the idle computational power of your devices and
computers in order to be used by companies solving AI problems.

DAIN allows companies to generate new business models, new relationship models with their customers and new revenue streams, providing a safe space where they can sell, rent and share knowledge, solutions, data and infrastructure securely to create, consume and execute AI.

Through DAIN, a company of any size can easily and efficiently train a new model with its own data and/or data from external sources provided to DAIN. It can then refine the model with third-party data available in the data marketplace.

The company can publish the model in the model marketplace and generate revenue from it while maintaining ownership, control and knowledge of the model. Or alternatively, it can monetize its data, allowing others to train their models or execute them with enriched data, all while keeping the data secure and without sharing it with any third party.

DAIN is conceptually designed to interact with two kind of users, end users and institutions (private companies or any other kind of institution, such as universities or research centers).

Endmarketplac. the computational resources market, sharing the free computing capacity of their devices to cover institutions’ requests for service, receiving a reward (tokens) as payment.

Producers: They create new AI models trained in DAIN using their own data and/or data provided by the network members, paying tokens in exchange for the usage of the required computing resources or data. These solutions can be created only for their own consumption, or they can be exposed in the marketplace at any time to generate new revenue streams.

Consumers: They directly access the AI marketplace to reuse existing solutions created by Producers.

It is relevant to note that while initially, DAIN is expected to grow with each type of user playing the specific roles described, it is not limited to this model. For example, Institutions with their own datacenters or cryptocurrency miners could play the “End User” role and share their computing resources through DAIN, obtaining DAIN tokens in exchange.

Dain team