DxChain Network is a blockchain stage that supports a variety of data storage, machine learning and data mining algorithms. As the population of world in increasing and so does the smartness in everyday life’s the amount of data is increasing drastically.
Artificial Intelligence (AI) has dramatically changed each sector of the global economy including automation, advertising, finance, healthcare, transport, consumer, and aerospace.
An AI technology based company need lot of user data to maintain its quality. Some companies are purchasing user data by paying a premium subscription fee to obtain samples from these companies. Many high-quality samples owned by these vendors are never available to the market to favour their own detection engines. Secondly the cost to store and process this data is extremely high for a start-up company. All these data problems can be overcome by DxChain Network, a decentralized data storage and machine learning blockchain. DxChain can benefit AI industry in many ways:
Developers could build its own machine learning Dapp on DxChain Network. The user will define smart contract parameters, such as at what price and what kind of data will be send to the blockchain. Trustworthy data automatically collected through each device is sent to the blockchain of the DxChain Network.
User will trade its data securely through Dapp.
Immutable encrypted data protects the user data in blockchain, which is stored and presented in a very secure way without any potential worries about private data leak.
In modern era, Smart City a solution to provide convenience for its residents which includes smart building, smart energy, smart technology, smart governance as well as smart education and smart security. These smart cities where residents will be living a pleasant life generate much more data that the existing structure couldn’t store and process. Let’s consider the example of a smart camera device with 1080p resolution, it will fill data capacity of 3TB in just 24 hours.
Huge amount of sensors in smart cities will result in tons of data. The collected data is useless without data mining but to operate such a big amount of data is beyond current infrastructure.
The users of the DxChain Network can run machine learning data analysis directly on the dataset which the sensors generate each day and generate business intelligence reports to guide the daily decisions of their businesses. Some benefits of DxChain in smart city are as follow:
The collection of smart cities sensor data will be automated by using smart contract in the Dapp by the developer.
Intelligently controlling the running operations of smart city sensors depending on the surrounding environment such as temperature control in air conditioning.
Electricity consumption can be controlled by developing a machine learning model such that it could develop consumption report and predict the peak load hours so that electricity can be generated and distributed according to needs.
DxChain also finds its root in Healthcare industry. By placing the data of patient in decentralised blockchain would create a single unchangeable data to be used by all doctor’s and shared with insurers, employers and any other sector concerned about patient health. Machine learning enables healthcare vendors to build own AI to monitor patient’s health and to send in critical vital signals.
R.Linl — https://t.me/DxChainBot?start=ejain7-ejain7
dxChain Website — https://www.dxchain.com/
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