SingularityNET: The Blockchain-Powered Marketplace Revolutionizing AI Development and Collaboration

Modified on Sat, 22 Feb at 9:50 AM

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SingularityNET: Everything You Need to Know

Artificial intelligence (AI) is one of the most powerful and disruptive technologies of our time. It has the potential to transform various domains such as healthcare, education, finance, entertainment, and more. However, the current state of AI is fragmented, siloed, and inaccessible to most people. There is a need for a platform that can connect AI developers and users, and enable them to exchange value and collaborate on creating and improving AI services.

SingularityNET is a blockchain-powered platform that aims to address this need. It is a decentralized AI marketplace that allows anyone to easily create, share, and monetize AI services, thanks to its globally-accessible AI marketplace. Through the SingularityNET marketplace, users can browse, test and purchase a huge variety of AI services using the platform’s native utility token — AGIX. Moreover, the marketplace represents an outlet AI developers can use to publish and sell their AI tools, and easily track their performance.


How does SingularityNET work?

SingularityNET is built on top of a network of smart contracts that run on multiple blockchains, such as Ethereum and Cardano. These smart contracts enable the interaction between AI agents, which are the entities that provide or consume AI services on the platform. Each AI agent has its own profile, reputation, and payment mechanism. AI agents can communicate with each other using a common protocol, and can outsource work to each other dynamically. This creates a self-organizing network of AI agents that can collaborate and learn from each other, forming a collective intelligence.

The platform also features a domain-specific language (DSL) that allows developers to easily define and compose AI services using existing components. The DSL also enables the integration of different AI paradigms, such as machine learning, natural language processing, computer vision, evolutionary learning, and more. The platform also supports the development of OpenCog Hyperon, a long-term project to implement a complete, scalable, and open-source general artificial intelligence system based on the principles of OpenCog.


Who is the team behind SingularityNET?

SingularityNET has an extensive team largely of AI scientists, developers, researchers and engineers. It was founded by Dr. Ben Goertzel (SingularityNET’s CEO and chief scientist) in addition to Simone Giacomelli and Dr. David Hanson.

Dr. Ben Goertzel is an established figure in the AI and robotics industry and has a long distinguished track record of working with advanced technology companies — including Hanson Robotics and the OpenCog Foundation. He also works as Mozi Health’s chief scientist and vice chairman for Humanity+.

Simone Giacomelli is an entrepreneur and investor that previously worked for crypto consultancy Cryptodex. He left the SingularityNET project in March 2019 and is now focused on the technology R&D lab Vulpem, which he founded in 2015.

Dr. David Hanson is SingularityNET’s third co-founder. He has a long and varied history in the robotics industry, working with Disney between 1998 and 2001 before founding several robotics startups — including Human Emulation Robotics, Initiative for Awakening Machines and Hanson Robotics over the last two decades.

The team behind SingularityNET pioneered the development of an AI known as Sophia, which is described as the “world’s most expressive robot”. SingularityNET’s goal is to enable Sophia to be able to fully understand human language, and continue developing “OpenCog” — an AI framework that is hoped to eventually achieve a state known as “advanced general intelligence,” i.e. human-level artificial intelligence (or beyond).


What are the use cases for SingularityNET?

SingularityNET has a wide range of use cases across various domains and industries. Some of the examples are:


Healthcare: SingularityNET can enable the creation of personalized medicine, diagnosis, treatment, and prevention solutions using AI. For instance, Mozi Health is a spin-off project that leverages SingularityNET to provide holistic health optimization services using genomics, microbiomics, metabolomics, and other data sources.

Education: SingularityNET can facilitate the development of adaptive learning systems that can tailor the curriculum and pedagogy according to the needs and preferences of each student. For example, Rejuve is another spin-off project that uses SingularityNET to provide lifelong learning opportunities for seniors using gamified cognitive training.

Finance: SingularityNET can offer innovative solutions for financial inclusion, risk management, fraud detection, asset management, and more using AI. For instance, Ocean Protocol is a partner project that integrates SingularityNET to provide decentralized data exchange and monetization for the data economy.

Entertainment: SingularityNET can enable the generation of novel content such as music, art, games, stories, and more using AI. For example, Grace is an AI character that uses SingularityNET to interact with humans in natural language and emotion.

Social Impact: SingularityNET can empower social good initiatives that aim to address global challenges such as poverty, hunger, climate change, and more using AI. For example, SingularityNET Foundation is a non-profit organization that supports the ethical and beneficial development and deployment of AI for humanity.


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