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: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market
  • 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: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market

New Blockchain Platform Turns Data Into Real-World AI Solutions

NewsBTC
NewsBTC
7 years ago
3 mins read
dbrain, AI

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 (AI) could become a driving factor in what the future holds for global economic growth. As a new production factor, AI can change how work is performed and reinforced, introducing new sources and changing the way humans are perceived in driving business growth.

Accenture reported that AI could double yearly economic growth by 2035, and change how work is conducted by fostering new relationships between people and machines. AI’s impact on emerging technologies in developed economies may increase labor productivity by nearly 40%.

AI production cycle on Blockchain

A new Ethereum-based project, Dbrain, has developed a tool that makes data labeling for AI easier. At the heart of AI development, human effort on data preparation takes more than 80% of data scientists’ time. Dbrain provides a simple tool that streamlines this process. The end goal is to democratize AI, making it accessible to everyone.

Dbrain links all parties involved in the process of AI app development. Crowdworkers do simple tasks on image labeling and data validation. They get paid instantly with Dbraincoins crypto and can withdraw their earnings anytime. By labeling data more efficiently, data scientists can leverage the datasets and turn them into pioneering AI solutions. On Dbrain, businesses are at liberty to choose from existing solutions or request new ones from developers on the platform.

The mission is to prepare a Blockchain-based product that addresses the main pain points in the AI industry. CEO of Dbrain, Dmitry Matskevich, talked about some of the challenges involved in creating solutions based on AI, highlighting that “While creating our previous AI solutions, we tried to solve the problem of combining privacy and high-quality data mapping in different ways: mturk, dedicated data mapping farms in India and in-house specialists. The first two cases required us to transfer our data to the third parties, while the latter lacked speed: we simply couldn’t afford hiring 100 data mappers in-house.”

To address the concerns and ease the process, the benefits of Blockchain technology are proven to fit into the project’s core objectives. Based on Ethereum, Dbrain uses in-house protocols to tackle main challenges in AI adoption and development, like dataset quality, infrastructure costs, trust, and security.

By integrating an AI production cycle into one product, Dbrain combines data labeling functionality to ensure data security, create custom-made models, and validate results rewarding labelers and AI developers with cryptocurrency.

A proven business model with bold plans for the future

By bringing all parties involved in the making of AI solutions on a single platform, Dbrain may develop a win-win situation for the AI marketplace as a whole. Companies of all sizes could spend less by reducing data labeling costs, whereas crowdworkers are paid in crypto without being compelled to have a bank account.

Empowering the 2 billion people around the world who do not have a bank account is yet another Dbrain objective for the future. The new project aims to give people a chance at better living standards, as well as partake in the making of a global cross-border financial system powered by Blockchain. Although in its early development stages, Dbrain has already released an alpha version of the platform and proven its business model by closing partnerships with companies in different industries like fintech, IoT, software, travel, and e-commerce.  

The project’s team and advisory board are experienced in AI, business development, and scalable computing solutions. Prior to Dbrain, the team launched several AI solutions, including Icon8, an AI chatbot that applies an artistic style to any submitted picture and returns the result almost immediately. With more than 7.5 million users and tens of millions of images processed, it was ranked the #1 chatbot on Telegram and received a grant personally from Telegram CEO Pavel Durov.

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 Smart Crypto Money is Backing SpacePay's $1.1M Presale Run

Why Smart Crypto Money is Backing SpacePay’s $1.1M Presale Run

SpacePay’s presale has surged past the $1.1 million mark as investors recognize the potential in crypto payment solutions. The SPY...

ericdunne519 1 week ago
青色のプレゼントボックスの上にあるBTC

Bitunixボーナスキャンペーン開催中|最大710ドルの獲得手順

世界中のトレーダーに選ばれている暗号資産(仮想通貨)取引所 Bitunix が、新規ユーザー向けに最大710 USDT相当が獲得できる特別キャンペーンを実施しています。 期間は2025年3月18日から...

rinsuzuki 2 weeks ago
Why SpacePay Is Tipped to Be the Favorite Crypto Coin of 2025

Why SpacePay Is Tipped to Be the Favorite Crypto Coin of 2025

Cryptocurrency has been around for years, but most people still can’t use it to buy their morning coffee. That’s starting...

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

SpacePay (SPY) Token Presale

SpacePay (SPY) Token Presale: Could This Be the Key to Real-World Crypto Payment Adoption?

ericdunne519 3 days ago
Unlock SPY Potential

SpacePay: Where Dogecoin and XRP Meet Real-World Payments

ericdunne519 4 days ago
Presale Opportunity: The SPY Token Advantage: What Makes SpacePay Crypto Unique?

Presale Opportunity: The SPY Token Advantage: What Makes SpacePay Crypto Unique?

ericdunne519 1 week ago

Premium Sponsors

Press Releases

  • 米下院がGenius法案を可決、暗号資産市場は4兆ドル間近に — 次なる仮想通貨1000倍の期待銘柄とは

    ...

    1 hour ago
  • Top 5 Cloud Mining Sites in 2025: Best Crypto Platforms for...

    4 hours ago
  • PAXMINING Leads 2025 Bitcoin Mining Surge: Innovative Cloud...

    6 hours ago
  • ミームコイン熱狂の中、最新仮想通貨プレセールが63万ドルを突破

    ...

    8 hours ago
  • XRPが3.4ドルの最高値を突破し、2日間で取引量が約4倍に急増する中で注目される次の仮想通貨おすすめ

    ...

    8 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

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.