MINDSYNC — decentralized platform based on AI
Tags: Big Data Analytics, Big Data, Bitcoin, AI

Nowadays, when people say “The Great Financial Revolution”, they certainly mean cryptocurrency, blockchain and bitcoin technology. These concepts have shaken the world with the latest approaches and many advantages. If you are not sure, you should know that cryptocurrency capital is growing rapidly every second. Cryptocurrency is a digital or virtual currency that uses cryptography for security. Cryptocurrency lives online and is not controlled by any company or government. They also have a higher cash value than traditional currencies. Bitcoin prices doubled in a month and increased by 180% since the beginning of 2017 due to the growing demand for cryptocurrency around the world

Due to the growth of electronic money, electronic money is being exchanged more and more. Currently there are more than 200 electronic money. It is not surprising that more and more companies want to join the growing market, and this potential allows you to get the maximum benefit while serving the needs of users of electronic money. However, they will not be able to stand out if they offer the same function or value, so users must look for other products if they really want to contribute to something valuable. for a long time.

Most cryptocurrency technologies, such as Bitcoin, are based on database forms with the advantage of being able to track the volume of large and secure transactions. The technology used in many digital currencies is Blockchain.

Blockchain was first implemented in 2009, and in 2014 it was radically modified using Blockchain 2.0. Blockchain technology consists of blocks that perform transactions, where each block is connected via cryptography, forming a network.

Along with the technological development of cryptocurrency in the future is becoming increasingly attractive offer on the market and may not have the traditional banking infrastructure.

Some developing countries in the world have even implemented blockchain-based national currencies, such as bitcoins, and this technology is also used in several large projects to help those who do not have bank accounts.

And Blockchain also has the potential to be used outside the realm of digital currencies, and attracts many traditional financial institutions to be accepted.

Let’s see what is the newest project in the world of digital currency ???

ABOUT THE PROJECT

Mindsync is a decentralized, AI-based platform where people can be used to develop customers as experts, developers or services to create or share AI services as a value.

MISSION FROM THIS PROJECT

Mindsync is a platform for solving customer problems through the competition of AI technologies and markets for solutions and training data sets. Our mission is to bring together the best experts in the field of artificial intelligence and hacking, data processing specialists, machine learning developers, suppliers of big data and computing power, investors and volunteers in one place to make AI solutions more accessible, cheap, simpler for different clients, accelerating its development and creating a global market for artificial intelligence solutions.

Customers place orders or tasks in the form of tasks on the https://mindsync.ai platform with detailed requirements, data sets, deadlines. Prizes will be distributed among multiple platform members.

Specialists help clients prepare tasks, competition rules, study solutions for problems and get remuneration for such work.

DS / ML developers are working on common or group tasks. The competitive nature of their work maximizes development speed, quality, and significantly reduces the cost of customer solutions. The developer of the decision will automatically receive a reward in accordance with the rules.

All data sets and kernels (problem solving) are hashed. The hash is stored on the blockchain for integrity checking and protection against changes. Reviews of expert decisions, ratings of developers and teams are written and stored in the blockchain (for additional protection against rating fakes).

Clients get the best solution for their tasks — algorithms and data along with expert reviews. Customers can place paid solutions on our platform in order to receive additional revenue from sales.

To find a solution, developers use the miner’s computing power, hazy supercomputer projects, cloud providers or exchange resources. This process, provided by the mindync.ai platform, is transparent to developers, and they can focus solely on the task. Computing capacity providers receive payments immediately after using their resources.

Communities can also publish their own algorithms and data for free or for sale at https://mindsync.ai/

And investors can become sponsors of tasks and teams, pay out prize funds and receive income from the sale of decisions. Investors can also receive part of the prize pool if they act as sponsors for the teams that take part in the competition.

Platformsync:

offers a single platform for solving real problems, paid or free. The decision is made by the community of AI, DS, ML: you place orders for solutions containing AI technology; Developed by members of our community, a complete test and launch on our platform. It is also possible to integrate it into an existing business or other area.

Use:

Customers can order a completely new AI solution or use one of the ready-made corporate solutions from our repository, which is evaluated by experts from the Mindsync community who save a lot of time and also use it to solve other more complex tasks on the platform.

Platform AIaaS API Mindsync.

You can run a ready-to-use solution for internal use and make a request to use the API without using it on an external server that is on your side. This allows you to create scalable applications using AI with unlimited theoretical computing power for any device.

Mindsync tokens are designed to invest in platforms, access AI solutions, and reward participants such as machine learning developers, experts, volunteers and researchers, suppliers of computing power and big data. Mindsync Tokens is an ERC20 service token. The number of tokens is limited. Mindsync tokens are configured to use a decentralized blockchain technology that ensures the transparency and security of all financial transactions.