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SingularityNET Collaborates with DFINITY Foundation for AI Models Powered by Smart Contracts

SingularityNET Collaborates with DFINITY Foundation for AI Models Powered by Smart Contracts

Blockchain and AI Integration

Dfinity Foundation and SingularityNET are collaborating to connect artificial intelligence with blockchain, smart contracts, and decentralized networks.

As announced, SingularityNET will embed the Internet Computer (ICP) blockchain into its AI tools marketplace, enabling developers to run AI models within smart contracts on the ICP blockchain.

Dfinity founder Dominic Williams noted that this partnership enhances the transparency and trustworthiness of DeAI models, using SingularityNET’s reputation system and governance framework. The goal is to create a decentralized AI (DeAI) network leveraging both platforms’ scalability, security, and interoperability.

Proof-of-Reputation Mechanism

Unlike Proof-of-Work and Proof-of-Stake, which entrust network control based on computational power or token holdings, the collaboration introduces a Proof-of-Reputation consensus algorithm. This mechanism enables governing the network according to the reputation and audience of participants.

Williams emphasized that integrating these mechanisms ensures accountability and ethical alignment of DeAI models running on the Internet Computer, strategically addressing the values and interests of users and stakeholders.

AI and Blockchain Marriage

Artificial intelligence gained popularity with the release of OpenAI’s ChatGPT, but the concept of autonomous agents on blockchains dates back to the mid-2010s with projects like AIRA and Fetch.

SingularityNET CEO Dr. Ben Goertzel believes that integrating the tools created by both entities is a crucial step in creating a decentralized AI network for the benefit of humanity.

Challenges and Infrastructure

According to Williams, the main challenges in integrating AI with blockchain technology are complexity, cost, and compatibility. He noted that most blockchains cannot accommodate the computational resources required by AI models, leading to the use of inadequate “AI plug-ins.”

ICP’s ability to execute 11,500 transactions per second makes it an ideal platform for AI models, capable of containing and running large language models (LLMs) within smart contracts.

Future Collaboration

Williams is optimistic about the future of decentralized artificial intelligence and foresees further collaboration with SingularityNET. Both organizations are merging their Deep Funding and Dfinity Developer Grant Programs, aiming to solidify their vision for DeAI and refine the DeAI framework.

Hot Take: The Promise of Decentralized AI

With the alliance between Dfinity and SingularityNET, the potential for realizing a decentralized AI network that benefits humanity is within reach. This marks a significant step toward realizing the transformative potential of artificial intelligence integrated with blockchain technology, fostering transparency, accountability, and ethical AI deployment.

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SingularityNET Collaborates with DFINITY Foundation for AI Models Powered by Smart Contracts