Artificial Intelligence is omnipresent. It seems that instead of the familiar phrase “software is taking over the world”, today it is AI that is permeating every aspect of our lives. Although AI is wrapping itself around our everyday experiences, the world of crypto has yet to see a plethora of AI-driven projects. However, we are excited to introduce you to a fantastic new initiative merging AI with crypto called Openfabric AI.
Let’s explore the remarkable offerings of Openfabric. And trust us, there’s a lot to uncover.
What is Openfabric AI?
Openfabric AI harnesses the immense potential of AI within the realm of crypto. Initially functioning as a decentralized marketplace, it allows full-fledged protocols or AI agents to promote their projects for others to utilize. This entire process is executed in a decentralized manner, which we find particularly appealing.
Even if that were the only feature they offered, it would still be quite impressive. We definitely need more marketplaces like this, especially those incorporating crypto-enabled payments for AI services. After all, if a service can be automated and digitized via AI, shouldn’t the payment method for that service follow suit? This could emerge as one of the most significant use cases for crypto. But Openfabric does far more than just that.
AI Infrastructure
Openfabric also delivers AI infrastructure to assist others in the app development journey. This includes collaborations with:
– AI Innovators: They develop AI algorithms capable of tackling genuine business challenges.
– Data Providers: They supply and distribute the necessary data for AI training and testing.
– Infrastructure Providers: They furnish the hardware essential for training and testing AI algorithms.
– Service Consumers: These are the end users who utilize AI to enhance their businesses and everyday lives.
The ultimate objective is to make AI applications as accessible as possible to a broad audience.
Custom AI Apps
Additionally, a dedicated team will develop a custom AI application tailored to your needs using the aforementioned infrastructure. Do you have an AI use case concept but lack the coding skills? Openfabric can create it for you.
Privacy
Personally, I share your concerns about revealing too much personal information to OpenAI when seeking answers from ChatGPT. I’m sure many of you feel the same. Openfabric employs TEE or Trusted Execution Environments to safeguard your AI data privacy. Interestingly, another one of our favorite privacy projects, The Secret Network, also utilizes TEE. It’s regarded as one of the most sophisticated sets of privacy technologies available.
Exciting New AI Use Cases
One of Openfabric’s most intriguing projects focuses on the human genome. In this initiative, Openfabric has successfully generated an artificial genome alongside predicting the protein structure of specific DNA segments. Imagine the value this holds for further research! This remarkable development eliminates the need for human cell or blood donations for advancing this crucial research—all achieved through AI and fine-tuning models. Truly remarkable.
The Openfabric team is also heavily invested in drug therapies. Their Drug Discovery AI app empowers researchers to assess treatment toxicity for patients or examine interactions with other pharmaceuticals. This could represent a significant advancement in drug discovery and safety.
Introducing Openfabric AI Drug Discovery App!
Revolutionizing pharmaceuticals with AI. 
A thread 
pic.twitter.com/0ohPzkwZ0i
— Openfabric AI (@openfabricai) August 3, 2023
Conclusion
It’s clear that Openfabric has a wealth of initiatives underway. We especially appreciate their focus on incorporating privacy features in their operations. Moreover, you have the option to bring your applications or collaborate with them to develop one from scratch. Coupled with the team’s innovative research, this embodies a substantial potential for success. This isn’t merely AI as a buzzword; it represents genuine productivity producing real applications that benefit individuals.
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Disclaimer
The information shared by Altcoin Buzz is not financial advice. This is intended for educational, entertainment, and informational purposes only. Any strategies or insights reflect the writer/reviewers’ risk tolerance, which may differ from yours. We bear no responsibility for any losses that may arise from investments linked to the information presented. Bitcoin and other cryptocurrencies pose high risks, so please conduct your own research. This post is sponsored by Openfabric.AI.
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