SingularityNET to port a portion of its AI network to Cardano blockchain

SingularityNET, a beefy-stack AI resolution powered by a decentralized protocol, and blockchain analysis and pattern company IOHK, this day announced that they’re planning to port a well-known fragment of the SingularityNET decentralized protocol and platform from Ethereum to Cardano.

This will possess offering mechanisms for swapping one of the important most sizzling (Ethereum-based) ERC-20 AGI tokens to Cardano-based AGI tokens, and also atmosphere up analogues of the Solidity beautiful contracts underlying factors of the SingularityNET platform using Cardano’s recent Plutus beautiful contract language.

Dr. Ben Goertzel, CEO & Founder of the SinguarityNET Foundation, acknowledged: “Fresh scoot and worth concerns with the Ethereum blockchain have increased the urgency of exploring picks for SingluarityNET’s blockchain underpinning. The ambitious Ethereum 2.0 invent holds promise nonetheless the timing of rollout of various factors of this next-generation Ethereum remains unclear, alongside with a host of the purposeful particulars.“


Cardano’s consensus mechanisms and linked algorithms and structures comprise a unfamiliar combination of rigorous theoretical grounding and purposeful scalability, and have now reached a stage of maturity that makes it that it’s probably you’ll well per chance imagine to port a complex blockchain application treasure SingularityNET to Cardano.

“Cardano’s thoroughly formalized purposeful programming foundations have probably to offer a prosperous and flexible basis for imposing evolved factors of the SingularityNET invent — nonetheless lawful as critically, they’ve true promise to offer a obtain and legitimate basis for the network’s operations accepted and evolved alike.” continues Dr. Goertzel.

Currently, the SingularityNET platform is essentially dilapidated for web hosting moderately easy AI brokers that offer purposeful providers straight to total users, e.g. in areas similar to image processing, pure language processing, time series prognosis, genomics information prognosis and more. By means of the Android SDK the SingularityNET protocol has been dilapidated on the support stop of smartphone apps treasure the sizzling SongSplitter app that separates vocals from tune in audio recordsdata.

Nevertheless, the broader imaginative and prescient of SingularityNET depends on taking things a step further and using the platform to host a prosperous diversity of AIs that outsource work to various AIs, and dynamically collaborate with various AIs to resolve complications. The deep technical synergies between the SingularityNET and Cardano designs have probably to scoot up realization of this imaginative and prescient.An in-depth evaluate of one of the important most motivations, synergies and probabilities underlying the SingularityNET/IOG partnership will also be demonstrate on this video between Hoskinson and SingularityNET CEO Dr. Ben Goertzel, which came about as of late on the Wyoming Blockchain Hackathon in Laramie, and also in Dr. Goertzel’s focus on on the Cardano Summit earlier this year.

Charles Hoskinson, CEO of IOHK and Cardano founder, added:  “Cardano has long gone from energy to energy this year, and having the backing of the form of famed organisation biggest reaffirms this. SingularityNET is a venture we’ve followed for a extraordinarily very long time, and we’re angry to survey how the Cardano blockchain can abet SingularityNET realise its ambitious targets.”

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