The Effect.AI is a non-public network with a decentralized support environment developed to work with smart contracts based on NEO blockchain and to provide complete functionality of services like machine learning, natural language processing and computer vision. The present model offers a protocol, which decentralizes the artificial intelligence world market and reduce the utilization cost, promoting the market increase.

Artificial Intelligence Marketplace

The AI marketplace possesses a higher interaction between members due to the decentralization process. However, there are several problems that prevent the AI accessibility at the moment, which are:

1. Computation Effort - a big AI needs some production support structure able to maintain and elaborate huge amounts of data, perform assembled processing on diverse graphics processing units and synchronize the obtained results.
2. Data Elaboration - intelligent applications usually execute specific tasks, which need some human feedback, and these tasks imply elaboration of raw data and pattern search to supply actual capacity. The apps use big data sets involving annotations, which are uncommon and need more time and means.
3. Contradictory Tasks – interconnection with different parts all over the globe out of the present placement is required, when improving a complicated algorithm. I.e. an autonomous vehicle would need to identify the worldwide traffic signs, which is typically carried out by exterior apps.

Effect Network connects the supply and demand using no third parties and provides the following solutions for the listed above problems:

• Activity: Effect Exchange gives customers the opportunity to acquire available data sets or develop micro tasks on the Effect Mechanical Turk platform.
• Correctness: Separate apps can find each other to sell or acquire information and customers may apply the data sets to learn AI algorithms, thus receiving correct data faster and cheaper.
• Availability: Effect Mechanical Turk would use straight connection to demand and supply via micro-tasking platform and provide customers with a large network and big data set for AI learning.
• Connectivity: The AI could get decentralized and greater connectivity between separate AIs can be achieved, if developing certain AI algorithms on a blockchain basis. Combining diverse AI algorithms would provide broad options and intelligence, which a single algorithm cannot reach.

Effect.AI Phases

The development process of Effect.AI network was divided into three phases, which are interconnected and cover separate market areas, where the Effect.AI token (or AIX) is applied.

Phase 1: Mechanical Turk

It represents a peer-assisted and decentralized market for tasks involving human intelligence. The present Mechanical Turk implies a crowdsourcing method enabling requesters to issue tasks, which might be executed by humans for some reward. That is why they are named human intelligence tasks and those who offer tasks are named requesters. For the completed work, the Worker gets AIX tokens as payment.

Phase 2: Smart Exchange

The Effect AI Smart Exchange manifests a decentralized platform for exchanging AI algorithm services. The present model functions involving application holder registration on the marketplace, where he can indicate the application endpoint taking into account the data exchange format and utilization fee for users.

Phase 3: AI Algorithms

The Effect Network's Phase 1 and Phase 2 would decentralize the data accumulation and AI algorithms utilization on the blockchain. Thus, algorithms would run world-widely.

Conclusion

Possessing an open, available and permissible platform for intelligent algorithms might imply the main component to work and implement over the long term. The Effect Network unites artificial intelligence and decentralization, which can manage to develop an affordable and decentralized AI marketplace for any interested person.

What is Effect.AI?

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Authored by: x0r2