NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets

Blockchain Technologies Will Bring Incredible Opportunities for Using Artificial Intelligence in Healthcare

NewsBTC
NewsBTC
7 years ago
2 mins read
skychain

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Artificial intelligence promises to transform our lives in just a few years. Alas, the healthcare industry currently lags far behind in terms of using AI systems. The reason is a lack of infrastructure to bring together healthcare big data owners, AI developers, and consumers into a single ecosystem.

Healthcare AI developers spend 95–99 percent of their budget to buy or license healthcare big data to train their neural networks. In most cases, startup companies specializing in that area can afford to buy only relatively small amounts of data, paying millions of dollars for them. As a result, their neural networks are usually undertrained and can detect only a few diseases.

Skychain

Skychain Global will build the necessary infrastructure based on blockchain technologies. Its key idea is using smart contracts to facilitate interactions between healthcare big data owners, AI developers, and consumers. AI developers joining the Skychain ecosystem won’t need to buy big data, which will reduce their neural network training costs by a factor of 100. Each trained neural network will be locked forever in a smart contract and will be only available for use as a service. Each consumer using a neural network will pay a per-use fee, which will be automatically split between its developer, all the data providers whose data was used to train the neural network, and any other involved parties.

It’s a revolutionary approach that will reduce the healthcare AI training costs by a factor of 100. The opportunity to monetize healthcare big data will draw data owners to the Skychain ecosystem. As a result, there will be more highly accurate neural networks, which will increase the value of Skychain for the end users, that is, patients and doctors.

Skychain pre-ICO

Skychain Global is pre-selling its tokens, SGH. The pre-sale ends on January 7, 2018. The tokens are currently sold at $0.50. During the ICO phase, they will be sold at $1. Then the SGH tokens will be converted into Skychain’s internal currency, Skychain Global Coin (SGC).

The important thing is that the project is based on existing, proven approaches and technologies in the area of artificial intelligence and big data. Skychain intends to create a data market using blockchain technologies and smart contracts, so that big data can be provided as a service for AI deep learning.

The future of artificial intelligence in healthcare

Currently we are only talking about medical diagnoses made by AI systems on par with the best doctors in their field of medicine. But accumulating vast amounts of healthcare big data in the Skychain machine learning ecosystem promises to bring unprecedented opportunities in the future. For example, artificial intelligence may be able to evaluate the effectiveness of a pharmaceutical drug or treatment regimen based on a billion case histories, discover new diseases, or develop the most effective treatment regimen for a patient. It might even be able to develop new pharmaceutical drugs and approaches to treatment! But if we want any of that to become possible, we need to accumulate massive amounts of healthcare data in the single ecosystem and make all of that big data easily available for neural network training. That’s the problem the Skychain project is going to solve!

https://skychain.global/

Tweet123Share196ShareSend
NewsBTC
NewsBTC

NewsBTC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Why SpacePay Is the Top Altcoin to Buy for Practical Crypto Spending, Presale Ongoing

Why SpacePay Is the Top Altcoin to Buy for Practical Crypto Spending, Presale Ongoing

Paying with crypto in the real world is still a pain. You walk into a store, want to use your...

ericdunne519 6 days ago
Why SpacePay Is the Crypto Payment Solution You Should Watch Right Now

Why SpacePay Is the Crypto Payment Solution You Should Watch Right Now

Most crypto payment solutions have been pretty disappointing. They promise the moon but deliver systems that nobody wants to use....

ericdunne519 1 week ago
Why PEPENODE Could Be the Meme Coin That Leaves PEPE and SHIB in the Dust

Why PEPENODE Could Be the Meme Coin That Leaves PEPE and SHIB in the Dust

Meme coins are everywhere these days, but three projects really stand out from the pack.  PEPENODE brings something different with...

ericdunne519 2 weeks ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

MEXC Makes Your Crypto Purchases Extra Simple and Secure with Apple Pay and Google Pay

MEXC Makes Your Crypto Purchases Extra Simple and Secure with Apple Pay and Google Pay

Aaron Walker 2 days ago
altcoin sezóna 2025

Altcoin sezóna je oficiálne tu. Ktoré altcoiny sa teraz oplatí kúpiť?

Nina Šefčíková 3 days ago
Why SpacePay Is The Hidden Gem in This Year’s Hot Altcoin Presale Season

Why SpacePay Is The Hidden Gem in This Year’s Hot Altcoin Presale Season

ericdunne519 2 days ago

Premium Sponsors

Press Releases

  • パイネットワーク...

    12 hours ago
  • Cele mai bune altcoin-uri de cumpărat, pe măsură ce prețul Solanei se apropie de maximul istoric

    Cele mai bune altcoin-uri de cumpărat, pe măsură ce...

    13 hours ago
  • Cele mai bune meme coin-uri de cumpărat acum, pe măsură ce capitalizarea pieței se apropie de 1,9 trilioane RON

    Cele mai bune meme coin-uri de cumpărat acum, pe măsură...

    14 hours ago
  • Cele mai bune meme coin-uri de cumpărat acum, pe măsură ce capitalizarea pieței se apropie de 1,9 trilioane RON

    Nejlepší meme coiny k nákupu nyní, když se tržní...

    14 hours ago
  • Cele mai bune altcoin-uri de cumpărat, pe măsură ce prețul Solanei se apropie de maximul istoric

    Nejlepší altcoiny k nákupu, když se cena Solany...

    14 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.