Bitcoin Forum

Whitepaper

Dive into the whitepaper to learn about the specifics of the Thought Networks implementation.

[DOWNLOAD WHITEPAPER] (https://thought.live/assets/thought-white-paper.pdf)

Executive Summary

If you’re a 10,000ft view kind of person, then the executive summary is for you.

[DOWNLOAD SUMMARY] (https://thought.live/assets/thought-exec-summary.pdf)



ANDREW HACKER, CEO
 
Professor Andrew J. Hacker is Founder and CEO of Thought and Cybersecurity Expert in Residence at Harrisburg University.
"   Mr. Hacker has conceived and developed the concept of hybrid data and algorithms for the past six years
"   He has extensive Cybersecurity experience and is a Certified Information Systems Security Professional
"   Mr. Hacker has a BS in Electrical Engineering Rutgers College of Engineering
 
ANDREW WEISS, CHIEF COUNSEL
 
Mr. Andrew Weiss is the Chief Counsel of Thought Network.
"   He is an attorney specializing in patent law and litigation for the high-tech industry
"   Mr. Weiss has practiced more than 10 years since earning his JD at USC
 
PHILIP GRIM, CTO
 
Professor Philip A. Grim II is CTO of Thought Network and a Lecturer in Computer Science at Harrisburg University of Science and Technology.
"   Mr. Grim's career as a professional software engineer has spanned more than 25 years of both military and civilian contractor experience
"   Mr. Grim holds an Associate of Applied Science in Computer Programming Technology from Metropolitan Community College of Omaha, a Bachelor of Science in Computer Information Systems from St. Leo University, and a Master of Science in Analytics
"   Currently pursuing Ph.D. in Analytics from Harrisburg University
 
MATTHEW HYKES, CHIEF SOFTWARE ARCHITECT
 
Matthew Hykes is Chief Software Architect at Thought Network.
"   He has over a decade of experience as a full stack developer and systems architect, leveraging n-tier architectures for web, mobile, and games
"   He plays a leading role on the software development team and provides the required guidance for taking the company's technology and products to the next level of functionality, design, and scalability
"   Mr. Hykes has vast knowledge in Hyperledger, Ethereum, blockchain architectures, and smart contracts
 
SAMUEL JONES, CHIEF SOFTWARE ENGINEER
 
Samuel Jones is Chief Software Engineer of Thought Network.
"   He has 13 years of experience building enterprise software for energy utilities, as well as the defense and intelligence communities as a civilian contractor
"   Mr. Jones's experience has included customer information systems, network infrastructure coordination, network traffic visualization, and warehouse and organizational management software, along with his work in Smart Data and microservices with Thought Network
"   Mr. Jones holds a Bachelor of Science in Computer Information Science and a Bachelor of Arts in German from Missouri Southern State University as well as CompTIA Security+ certification
 
NATHANIEL DIMEMMO - INTERIM CFO/STRATEGY
 
Nathaniel is the COO/CFO of Though Network and is responsible for leading strategy and operations of the Thought Network.
"   His work includes partnership and ecosystem development, long-term strategy, financial oversight and operational improvement
"   Previously, Nathaniel worked as a strategy and management consultant in multiple sectors, including, fintech, manufacturing, healthcare, technology and business services
"   Nathaniel has led the successful turnaround of a biotech and an insurance company
"   He has also worked with start-ups raising venture capital and developed investment strategies for private equity firms and start-up studios
"   He received his B.S. in Accounting from the Indiana University of Pennsylvania
 
GIL O'BRIEN, CMO
 
Gil O'Brien is the Chief Marketing Officer at Thought Network.
"   He has extensive experience in Finance and Marketing and currently helps Financial Institutions offshore their New York accounting operations to reduce cost
"   He received his MBA in Marketing from Baruch College - Zicklin School of Business
"   He excelled as a Financial Advisor with Salomon Smith Barney
 
ADRIAN JONES, SOFTWARE DEVELOPER
 
Adrian Jones is a software developer at Thought Network.
"   He possesses knowledge in several programming languages such as Java, C#, C++, C, Javascript, and Python
"   He also possesses knowledge on Statistical Analysis and Differential/ Integral Calculus
"   He has experience developing web applications and computer games as well
"   He has worked with blockchain development using Hyperledger burrow and consensus engines such as Tendermint
"   He is currently pursuing his Bachelor of Computer Science with a concentration in Software Engineering
 
ALEC WANTOCH, SOFTWARE DEVELOPER
 
Alec Wantoch is a software developer at Thought Network.
"   His field of study is computer science with a focus in cyber security and AI, and he is proficient and has advanced knowledge in several programming languages including C, C++, C#, Java, JavaScript, Python, and Golang
"   He is knowledgeable in Ethereum, smart contracts, and consensus algorithms
"   Wantoch is currently pursuing a Bachelor of Computer Science at the Harrisburg University of Science and Technology
 
SAMUEL HEYBEY, SOFTWARE DEVELOPER
 
Sam Heybey is a software developer at Thought Network.
"   He is a programmer pursuing a degree and career in computer science
"   He has been programming as a hobby for over a decade in myriad languages including Python, Ruby, Javascript, HTML and CSS, C#, C, PHP, Java, and several purpose-built embedded scripting languages
 
MICHAEL RUSLING, SOFTWARE DEVELOPER
 
Michael Rusling is a programmer with Thought Network   
"   He spent two years as a contracted coder working on Java web app and front-end web development and leverages his UI and back-end experience to tackle similar problems today
"   He has been pursuing personal programming projects for over twelve years and has experience with Java, HTML/CSS, JS, C#, PHP, and MySQL
"   He recently finished his Bachelor's in Software Engineering and Analysis
 
RAMGOPAL PENUMATSA, SOFTWARE DEVELOPER
 
Ramgopal Penumatsa is a software developer at Thought Network working with Blockchain technology and testing.
"   He has experience with Android mobile app, C, Java SE, Java EE, Python, javascript, .net and has a strong foundation in data structures and algorithms
"   He is also knowledgeable in Hyperledger Fabric and Hyperledger Burrow
"   Penumatsa holds a BE (Bachelor of Engineering) in Electronics and Communication Engineering from Andhra University in Vishakapatnam, India and is currently pursuing a graduate degree in Computer Information Science at The Harrisburg University of Science and Technology
 
NEELIMA BANDI, RESEARCH AND DEVELOPMENT SPECIALIST
 
Neelima Bandi is a research and development specialist at Thought Network.
"   She worked for Amazon for 3 years as resolution specialist lead for the North America and UK region which constitutes Canada, America, and UK Space
"   She completed a Bachelor of Arts in Electronics and Computer Engineering (ECE) in India from Vignana Bharathi Institute of Technology and is currently pursuing her master's degree in Information Systems Management and Engineering at the Harrisburg University of Science and Technology
 
KARAN RAJ, RESEARCH AND DEVELOPMENT SPECIALIST
 
Karan Raj is a research and development specialist at Thought Network.
"   He worked with Amazon for 3 years as a transportation specialist for Operations of the European region
"   He is knowledgeable in Hyperledger
"   Raj completed a Bachelor of Arts from Aurora Scientific Technological and Research Academy in Computer Science Engineering and is currently pursuing his Master's degree in Information Systems Engineering and Management at the Harrisburg University of Science and Technology
 
KATE SPAAN, IT SPECIALIST
 
Ms. Kate Spaan is student intern with a highly technical background and strong interest in STEM.
"   She has experience in ethical hacking techniques
"   Is part of our student outreach program to help increase interest and awareness in STEM, especially in cybersecurity and blockchain
 
ZACK PELKEY, SOFTWARE DEVELOPER
 
Zack Pelkey is a software developer at Thought Network
"   His field of study is computer science
"   He is proficient and has advanced knowledge in several programming languages including C, C++, C#, Java, JavaScript, Python and Golang
"   Pelkey is currently pursuing a Bachelor of Computer Science at the Harrisburg University of Science and Technology
 
ED SAMPSON, IT SPECIALIST
 
Edward Sampson Jr. is an IT Specialist with Thought Network.
"   He is currently earning his Bachelor's in Software Engineering
"   While attending Harrisburg University, he utilizes infrastructure as code in personal projects to create services
"   In developing software and infrastructure as code system he has gained experience with Python, JavaScript, HTML/CSS, MariaDB, SaltStack, and Docker 


DR. ERIC DARR
 
Dr. Eric Darr was named President of Harrisburg University by the Board of Trustees effective May 9, 2013. He previously served as interim president since July 1, 2012.
Under Dr. Darr's leadership, the University:
"   Expanded to include a Philadelphia location
"   Welcomed the largest class of new students in its history
"   Launched new graduate and undergraduate degree programs
"   Secured grants and scholarship support
"   Opened new housing for its students
"   Began construction on a third housing project for students
DR. KEVIN PURCELL
 
Kevin Purcell is the Chief Scientist at WildFig, a data science and analytics consultancy based in Harrisburg, Pennsylvania.
"   Before joining WildFig, Dr. Purcell's held research appointments in the Sustainable Fisheries Branch of the National Oceanographic and Atmospheric Administration and the Nicholas School of the Environment at Duke University
"   Dr. Purcell's research employs a variety of computational and statistical approaches to quantify the dynamics of disturbance on complex systems
"   He also serves as a Corporate Faculty member in the Analytics Group at Harrisburg University
 
DR. GLENN MITCHELL
 
Dr. Mitchell is Professor and Program Lead for Healthcare Informatics at Harrisburg University of Science and Technology in Harrisburg, PA.
"   He was the Chief Medical Officer and Acting Chief Medical Information Officer for the Sisters of Mercy Health System, responsible for establishing the Center for Medical Informatics and the Center for Quality and Safety
"   For 30 years, he has been involved locally, nationally, and internationally in the development of provider and staff education and leadership development
"   He is a retired Army Colonel
"   Fellow and Past President of the Aerospace Medical Association
"   Former Vice-Chair of the American Board of Preventive Medicine
"   Life Fellow of the American College of Emergency Physicians.
"   He has authored over 40 publications and has received numerous military and civilian awards.
 
DR. RAND FORD
 
Dr. Ford is currently Professor of Analytics at the Harrisburg University of Science and Technology. His previous experience includes the University of Maryland University College where he worked as Director and Professor for the Data Analytics Program.
"   Prior to that, he served as Chair of the Computer Science Department at Hood College and as President of their faculty
"   Additionally, throughout his career, he has held C-level positions at 6 different companies
"   Dr. Ford earned his Ph.D. in Artificial Intelligence, along with a master's and bachelor's, from the Johns Hopkins University
"   He holds two patents and is active in both academic and applied research. Rand's areas of expertise are in the analysis of unstructured data, natural language processing, and machine learning
 
J. GREGORY SWENDSEN
 
J. Gregory Swendsen in the founder and president of Swendsen & Company which is a financial management company that provides seed and venture capital investments to life sciences and biotechnology firms.
"   He is a board member of the American Life Science Pharmaceuticals, Inc. which is a clinical stage Alzheimer's and neurodegenerative disease company
"   He raised over $500 million for pharmaceutical and biotech companies
 
MATTHEW CALISTRI
 
Mr. Calistri is Vice President, Investor Relations with Biogen and has an MBA in Finance from The University of Chicago Booth School of Business and BS Accounting from Fordham University.
 
ETHAN GROSSMAN
 
Mr. Grossman is has led several high profile R&D groups in the audio and media industries and has experience with embedded systems design. Mr. Grossman has a BS Electrical Engineering from California State University at San Francisco.
 
ROHIT TANDON
 
Rohit holds a Master of Science degree in Engineering from the University of Arizona where he studied with full academic fellowship, and a Bachelor's in Technology degree from Indian Institute of Technology, Varanasi.
"   Throughout his career, Rohit has enjoyed IT architecture work around contemporary IT technologies. He continues his passion as a hands-on/certified architect in several of the emerging Blockchain Protocols since 2013, and growing Elevondata.com and Chainworks.com as a founder via Big Data/Cloud Analytics/RPA/Blockchain development
"   Rohit serves on the Board of Directors for iControl, a leading payment processor for Retail industry; he is a Lifetime Member of the Bitcoin Foundation since 2013
"   Rohit has been on the bleeding edge of C-Suite Advisory around Blockchain, ICO's, Data Management and Cloud Adoption. He is the Chief Blockchain Officer for Lucidexchange.io and Blockchain Advisor at Thought.Live, and advisor to the CEO of Loyakk.io
"   Prior to founding Elevondata, he was Oracle's global product strategist and also led its North American BI/Technology consulting practice
 
DR. KEVIN HUGGINS
 
Visionary leader with expertise in bringing together diverse groups to innovatively address challenging issues. Exceptionally adept at building and leading diverse teams to solve technically complex problems.
"   Over 15 years of experience teaching and directing computer science and information technology courses at the university level
"   Extensive background in developing curricula for computer science, information technology, and cyber operations
"   Recognized expertise in engineering accreditation (ABET) and continuous improvement processes
"   Has an active TS clearance
 
CHARLES PALMER
 
Charles is the Executive Director of the Center for Advanced Entertainment and Learning Technologies at Harrisburg University of Science and Technology
"   He oversees the design and development of ventures in new and emerging technologies
"   Serves as the Program Lead for the undergraduate Interactive Media program
"   Is an advisor to the Learning Technology Masters of Science program
"   Coordinates the High School Gaming Academy, and mentors students on research projects in the fields of augmented and virtual reality, mobile computing, web application development, video production, desktop manufacturing (3d printing), motion graphics and interactive games
"   As a technologist, author and international speaker, Professor Palmer lectures on virtual reality, 3d printing, gamification, and simulations linking learning and research to practical outcomes
 
DR. LEENA PATTARKINE
 
Dr. Mrunalini Pattarkine has a Ph.D. in Biochemistry from the Indian Institute of Technology and has extensive experience in biochemistry, biotechnology, and nanobiotechnology.
"   She has worked on membranes, proteins, lipids, DNA diagnostics (gene therapy, DNA chips), and protein immobilization for developing them as nanobiotechnological material
"   She has experience with bioanalytical techniques for establishing structure-function relationships for macromolecules (proteins, nucleic acids)
"   She has also worked with liposomes and reverse micelles as membrane mimetic systems.
"   She has conducted research in environmental biotechnology project related to uranium bioremediation
"   She has been a recipient of Pennsylvania's Keystone Innovative Zone Grant for research on the development of a hand-held biosensor for the detection of Methicillin-resistant /Staphylococcus aureus (MRSA)
 
JENA BINDERUP
 
Jena Binderup is a technical writer, marketing professional, and creative with 10 years of experience specializing in developing targeted communications, marketing strategies and technical storylines for complex technologies in emerging industries including cryptocurrency and fintech, computers and engineering, law, healthcare, telecommunications, and military and defense/law enforcement.
"   She has consulted for government and private sectors
"   Binderup is skilled in public speaking and sales; client acquisition and retention; and highly tailored communications
"   Binderup holds a BA in International Relations from Goucher College and is certified to teach English to speakers of other languages
 
SCOTT BOGGS
 
As Creative Director, Scott Boggs has spent his 20 years in the branding and advertising space solving problems simply and beautifully. Whether guiding brands with household names, directing multidisciplinary teams, or enabling creative expression across traditional and digital channels, the goal remains the same: make it simple, make it smart, make it sing.
 
DAVID DRAKE
 
David Drake is the Founder and Chairman at LDJ Capital, a multi-family office which deals in various funds worldwide with over $1.5 trillion in assets, and maintains over 50+ global directors and family office partners.
"   Most recently, Mr. Drake is also seen as a leader in cryptocurrency. Mr. Drake saw the value of digital assets when everyone was avoiding them. It all started in 2011 when Mr. Drake collaborated on the JOBS Act to create new laws underlying all fundraising in the U.S. for all ICOs.
"   His crypto hedge funds hold crypto, ICOs, and fintech equity as seed investments to help new coins to be made via ICOs.
"   His company also offers bridge financing to seed upcoming ICOs
"   Mr. Drake was born in Sweden and is fluent in six languages.
"   He holds an MBA in Finance and an MA in International Law and Economics from Georg Washington University in DC, where he was awarded the Wallenberg Scholarship for academic merit.


[The Merkle] Harrisburg University Backed Thought ICO Eliminates Traditional Applications (https://themerkle.com/harrisburg-university-backed-thought-ico-eliminates-traditional-applications/)

[The Merkle] Harrisburg University backed Thought Network launches Pre-ICO on 1st of March, 2018 (https://themerkle.com/harrisburg-university-backed-thought-network-launches-pre-ico-on-1st-of-march-2018-2/)

[The Merkle] Patented Technology Behind Thought Network Changes Data Processing As We Know It (https://themerkle.com/patented-technology-behind-thought-network-changes-data-processing-as-we-know-it/)

[The Merkle] Harrisburg University Backed THOUGHT ICO Launches Whitelist (https://themerkle.com/harrisburg-university-backed-thought-ico-launches-whitelist/)

[CCN] Harrisburg University Backed Thought Network Launches Pre-ICO on 1st of March, 2018 (https://www.ccn.com/harrisburg-university-backed-thought-network-launches-pre-ico-1st-march-2018/)

[CCN] Patented Technology behind Thought Network Changes Data Processing as We Know It (https://www.ccn.com/patented-technology-behind-thought-network-changes-data-processing-know/)

[CCN] Harrisburg University Backed THOUGHT ICO Launches Whitelist (https://www.ccn.com/harrisburg-university-backed-thought-ico-launches-whitelist/)

[PRNews] Patent Awarded for "Smart Data" technology to Harrisburg University Professor (https://eprnews.com/patent-awarded-for-smart-data-technology-to-harrisburg-university-professor-52625/)

[Crypto Finance 24] Thought ICO adds David Drake of LDJ Capital to Advisory Board (https://medium.com/cryptofinance24/thought-ico-adds-david-drake-of-ldj-capital-to-advisory-board-7c6b357fbb17)

so, the Private sale already done ?
may i know how many funds collected during the private sale period ?

Hi Arjuna,

Yes, the private sale is over, but we are offering discounts for large block purchasers.

If you are interested, please visit us at https://acct.thought.live/signup.html

Or, if you are looking to join the crowdsale in bulk, email us at info@thought.live and we can talk % discount.

Thanks.

I believe that the technology is really progressive but after 15 minutes of reading I still can't figure out what practical issues Thought is going to solve. I understood that there's too much information and its volume continues to grow. And Thought can "teach" data pieces to think and make decisions. But who's going to buy that technology and for what - it's still unclear for me.

I read the white paper. There's something about the neural network called thought, a very complex explanation about the self-organizing AI organism
in the mobilization of a blockchain framework to ensure a transactional structure and
cybersecurity. Question. Why is it so hard to explain?

I'm interested in this idea. but you are so difficult and incomprehensible to describe everything that while I read my desire disappears to follow in your project

Hello, Evgenus

Short answer - join Thought's Telegram channel and ask any questions you might have right there t.me/thoughtcommunity

Long answer -
Imagine data that can really act on its own. Well, now imagine this – a thermostat in the room of a hospital that can communicate with a patient’s health record, and their current health readings from their equipment, and find the most optimal room temperature and humidity for this patient.

Thought, a blockchain start-up based in Harrisburg, Pennsylvania, is working on AI and smart data,  and knows the importance of a great team. They have put together a skillful development team, as well as an accomplished board of advisors. And they are certainly not trying to hide themselves.

Thought is fundamentally changing the way data is being processed by embedding every piece of data with artificial intelligence. This means that otherwise ‘dumb data’ that needs an application to become useful, becomes valuable and ‘smart’, and is able to act on its own - understanding where it came from, where it’s supposed to go, and what it has to do. This reduces the need for third-party applications, making data processing a lot cheaper and faster.

“The amount of data being created by humans is increasing exponentially with things like social media, and innovations like IoT (Internet of Things) devices.” says the Founder and CEO of Thought, Professor Andrew Hacker. “Traditionally, data just sits around until it is sent to applications that are able to process that information, but Thought makes data agile and able to act on its own without any external help.”

Integrating blockchain technology with this concept creates an extra layer of security on the smallest level. Every piece of data is secured with cryptography, allowing the owners of the data to dictate exactly who has access to it.

Thought’s development is led by Professor Andrew Hacker, who, in addition to being the Founder and CEO of Thought, is a Cybersecurity Expert in Residence at Harrisburg University. He has conceived and developed the concept of hybrid and smart data for the last six years. With extensive cybersecurity experience, Andrew has appeared in many publications talking about the ever-increasing importance of security in the age of the Internet.

In contrast to most of the other ICOs which only have a few faces associated with their project with short and vague descriptions, Andrew Hacker has gathered a large team of over 30 members.

“Building something as complex as Thought takes a dedicated and brilliant set of developers.” Says Andrew Hacker. “If you don’t have committed and passionate folks who drink, eat and sleep code, you’ll never get off the ground, no doubt about it. And the technical team needs a talented support team of experienced operations, business, legal people and industry experts, people who get things done.”

Thought Network is working closely with the Harrisburg University of Science and Technology (HU), where Prof. Hacker, as well as some of his team members, are faculty members. HU is one of the few universities which truly emphasizes hands-on learning, conducting practical internships for all of the students, which is also the reason why many Thought Network’s interns come from this university.

"Harrisburg University provides world-class science, technology and analytics education.  But we increasingly also support business start-ups and entrepreneurship. Several years ago, we had the opportunity to have Mr. Andrew Hacker, a known expert in cyber security, join HU.” Says Dr. Eric Darr, President of the Harrisburg University. “Andrew’s technical expertise added greatly to our educational offerings, while his start-up company provided terrific experiential opportunities for our students. We came to believe that Mr. Hacker’s technology had significant promise. Therefore, HU has been pleased to financially support the involvement of many computer science students in the further development of the latest Thought technology. “

“The upcoming release of this new technology, Thought Blockchain, and its applications for businesses and consumers in artificial intelligence and analytics represents the bleeding edge of innovation. Harrisburg University looks forward to continuing its work with Mr. Hacker and Thought Network as they continue developing new and valuable technology." Explains Dr. Darr.

Thought is solving the problem with the ever-growing amounts of data we are creating that, in some cases, just sits around not bringing value to anyone, at the same time solving some of the most notable problems with AI. Thought’s solution reduces the need for external apps, cutting costs, increasing speed and insuring security.

The Thought Pre-ICO starting on March 1, 2018 and the main ICO starts on March 14, 2018. To participate in the Thought ICO, or join their whitelist, please visit: https://thought.live and you are also invited to join their Telegram group on https://t.me/thoughtcommunity

Hey there, dzkrb!

We are sorry you are having difficulties understanding this, and we want it to be clear for you. So let us try this way:


Within the last hundred years, humans have landed on the Moon, invented computers, and the Internet. We can take our smartphones, order goods online and have it delivered to our doorstep within a few hours, and we can have video calls with our friends across the planet and connect with millions of people without much effort. All thanks to the Internet.

All of these inventions have caused exponential growth in data, all which is generated by humanity. Around 90% of the world’s data has been produced within the past few years. According to the International Data Corporation, in 2016, humans created around 16.3 ZB (16.3 trillion GB) of data, and by 2025, this number will grow tenfold, to 163 ZB.

To store all of this information, we need massive data storage facilities and powerful computers to analyze and process all of it. Already there are some data centers as large as the Pentagon, and computer transistors the size of a few atoms, reaching the limits of traditional computers. This means that at some point, going further with our current methods will no longer be feasible.

According to International Data Corporation, by the year of 2025, less than one-fifth of the world’s data will be analyzed, and while over 90% of the information requires some level of security, only half of it will be secured.

“All data is created equal until it is sifted and categorized by insight engines. Data is inherently inanimate, and only becomes valuable within the context of an application,” explains Professor Andrew Hacker, the Founder, and CEO of Thought Network, a Harrisburg University backed blockchain and AI start-up, which tackles the problem with ever-growing amounts of data from an entirely new angle.

“Things like the web, different social media platforms, and IoT devices continue to drive exponential data growth, while businesses are creating more and more applications that can use this information. This adds up to a landscape littered with applications, too much data, and insufficient intelligence to handle it.”

“Even with the progress AI and Data Analytics industries have made, they still have to face significant challenges and inefficiencies. Already in 2018, even the most innovative deep learning techniques, which mimic the human brain, struggle to sift through the world’s information.”

Thought Network and Smart Data

Thought Network has gone beyond our current solutions by removing the application layer and embedding smart logic directly into pieces of data. Data will no longer be inanimate; it becomes agile, able to act on its own, directly at the source of creation, distribution, or action.

Otherwise ‘dumb’ data, which needs applications that can process and categorize it to become useful, becomes smart. Smart Data understands its origin and its purpose; it can communicate with other pieces of information and accomplish its goal.

While all of the other companies in the AI and data industries focus on expanding their capability to store, analyze and process larger and larger amounts of data, Thought focuses on handling data more efficiently. By making data able to act on its own, it eliminates the problem with uncategorized data which just sits around – data becomes able to categorize itself and fulfill its purpose straight after its creation.

“Smart Data reduces process latency and can eliminate a gigantic layer of cost and complexity from an organization of any type and any industry. No longer is it necessary to collect data, examine it, and run it through an application. Data can take action immediately and continuously,” says Professor Hacker, who was granted a US patent for his concept of Smart Data.

For example, if a machine in a factory would be about to break down, this information doesn’t have to be sent to the central command system that decides whether to shut the machine down or not. Instead the information gathered from the sensors can decide on its own. This saves precious seconds and spares costly equipment – not to mention people – from unnecessary damage or harm.

If the average power grid would run on Thought, it would be possible to create a self-healing and fully autonomous power grid. Even if an outside party were able to bring down a part of the grid, the network would self-heal and come back online on its own.

“Thought incorporates multiple levels of dynamic encryption on the data layer itself. Being able to secure the smallest units in computing – individual pieces of data – is the Holy Grail of cybersecurity.” explains Andrew Hacker, who’s also a Cybersecurity Expert in Residence at Harrisburg University.

Conclusion

Thought Network’s Smart Data holds great potential in dealing with the exponential growth in data creation and the problems it hides.

“Going forward, the current paradigm will no longer be scalable, extensible, adaptable or smart enough to cope with the massive influx of information generated by our society.” Says Professor Hacker. “Thought solves these challenges by moving artificial intelligence from the application layer to the data layer, making data processing more efficient, intelligent and above all more secure.”

Hello TimmyCortonde.

We might have just something for you  :)

https://www.youtube.com/watch?v=UhB7YqNpK8A&t=9s

They are not difficult to understand maybe there are some terms you don't understand well but when I read all the details everything is put into words and place. everything is explainable by the team aw well. I think there's nothing wrong with it.

Hi CapsLOck,

Everybody's different, so it's okay somebody doesn't understand it, and somebody does. We are here to explain anything to anybody about Thought's ICO.

If you want to contact the team behind Thought directly please join Thought's Telegram Group at https://t.me/thoughtcommunity

Am brainstorming through the information provided about this project and like some few members have likely pointed out, it requires a more advance knowledge to comprehend what Thoughts is all about.

But here is my simple layman questions, if Thought is first US university ico, what about US Government regulations on ico? Does it not apply to Thoughts also?

Also what can i do with Thoughts token as a University student? How is THT token beneficial in the university aspect? Am just curious.

Ugh, well... With all due respect, are you sure that making a 50-minute interview with no structure, no infographics and loooong-long answers is a good idea to explain the technology you're working on? Come on! :) You need to sum it up and make a FAQ, at least. More use cases, examples with illustrations. I understood that Thought could be integrated with some medical and meteorological apps to teach them to make decisions. But how the stuff is going to work? Who will pay for the results of this work? How much? I wish you good luck with ICO but I'm sure that 99% of potential investors won't be able to understand the idea without a simple QA section. Find someone to help you with this, it's a couple days work that can help you not to lose your millions!

Hello TimmyCortonde,

These questions you heard answers to came from Thought's Telegram channel, which we encourage you to join at https://t.me/thoughtcommunity. A simplified Q&A section is something that was decided not to be done. Instead, every user can go directly to the Telegram chat and ask any question connected to the project.

We believe that if you commit your money to something you need to to an extensive and in-depth research - like reading the whitepaper https://thought.live/assets/thought-white-paper.pdf or watching an interview with the founder and the CEO of the company you want to invest in!

What's the point in not answering to these questions on BTT forum? Not arguing, jsut trying to find logic.

We are growing a community that is asking many insightful questions about this project on the telegram channel, much more than here, and it may be that you would enjoy this group as you also have an interest in our project.
We would love to see you there adding your Thoughts :) and insights

THOUGHT ICO FAQ's
Welcome to the Thought ICO FAQ's page!

Read also on our blog: https://medium.com/thought-tht/thought-ico-faqs-2fdd2145ab41

Thought's blockchain-enabled Fabric fundamentally changes applications by embedding artificial intelligence into every bit of data making it agile, actionable and inherently secure.

Please visit https://thought.live for full information on joining the THOUGHT ICO Presale on March 1, 2018, and the main THOUGHT ICO on March 14, 2018. The whitepaper is available for download at https://thought.live/assets/thought-white-paper.pdf.


Please join our communities on Telegram, Facebook and Twitter - we would love to see you there!

General:
"   How can we get in contact with you?
o   General Information - info@thought.live
o   Development - dev@thought.live

"   What are your approved social media accounts?
o   Telegram - https://t.me/thoughtcommunity
o   Twitter - https://twitter.com/Thought_THT
o   GitHub - https://github.com/thoughtnetwork
o   LinkedIn - https://www.linkedin.com/company/thought-network/
o   Medium - https://medium.com/thought-tht
o   Facebook - https://www.facebook.com/ThoughtTHT/
o   Reddit - https://www.reddit.com/user/Thought_THT/
o   BitCoinTalk - https://bitcointalk.org/index.php?topic=3076464.new#new

"   What is the web address for your project?
https://thought.live/

Project:
"   What is the money being used for?
Funding will be used for building out the thought network and its product along with the ecosystem. Please see the whitepaper for further details.
"   What are the different milestones (roadmap)?
2018: PHASE 1
Q1 - MVP complete, internal development network expansion
Q2 - Complete prototype builds of Thought Fabric, Nuance Virtual Machine, All Node types
2018: PHASE 2
Q3 - Beta release end-user facing applications, Prototype build of micro-network, Fabric Node alpha development, First round of Integration testing
Q4 - Developer library and API complete, advanced agent behaviors
2019: PHASE 3
Q1 - Prototype builds of Data Marketplace and Nuance Management Interface Beta, Rules development, Thought Network Hackathon
Q2 - Prototype build of Impact rating system

"   Where can I find the source code?
Thought Networks source code can be found on our GitHub page https://github.com/thoughtnetwork. We are big supporters of open source projects.

"   Is there a prototype, minimum viable product or trial underway?
Yes, we have an MVP ready for use at the start of the Pre-ICO in March 2018

Team, Advisors & Partners:
"   Who are the lead team members?
All team members can be found on our website https://thought.live/ with pictures and bios. Team member's professional bios and experience can also be found on LinkedIn. Harrisburg University is an equity partner in MistIQ Technologies the R&D organization for Thought.

"   Can the team execute?
Thought Network consists of 30+ team members and advisors, primarily made up of university professors, Ph.D.'s and master's degrees with experience in computer science, project management, AI, cybersecurity, blockchain, data privacy, bio-engineering and business development.

"   How long has the team been working on this project?
Team members started working on the technology back in 2016 and have been working on it ever since. However, we recently formed the Thought Network Foundation to support and distribute the technology.

"   Who are the Advisors, and what do they add to the project?
We thought long and hard when it came to decide who our advisors would be. All of our advisors we have either worked with or have been mentors to us for years. For our advisor's list, please see our website https://thought.live/

Part of the process of deciding our advisors was "what do they bring to the table; will they be able to help us execute." That's why we wanted to look for advisors with experience in AI, data privacy and security, data science, blockchain, product adoption, community growth and business development.

"   Where are you physically located?
While our office is physically located in Harrisburg, PA, we are proud to have team members spread all over the world.

"   Does the project have partnerships or backing from VCs and/or established tech or other companies?
Yes, Harrisburg University. They have played a key role in helping us take the project from idea to product. They have provided us with the resources we needed for a successful launch.

"   What companies are you partnered with or seeking to partner with?
We are working on developing key partnerships to help grow the Thought network ecosystem. However, we will only release partnership details once confirmed. NOTE: All announcements will come from Thought's official communication channels.

"    How many tokens will be owned by the foundation & founders? Is there a vesting schedule?
Token distribution and vesting schedules can be found in the whitepaper

Challenges:
"   How do you propose to drive adoption?
As you know, driving adoption isn't easy. We are getting the word out there with the following initiatives: Building partnerships with educational and business organizations and experts; building communities around Thought Network concepts; and educating developers on building on the Thought platform. To further fuel adoption among the developer community we will incentivize development and adoption of algorithm/data model development rewards, device integration and data usage rewards, and of course, mining block rewards.

Token Sale Economics:
"   How much are you looking to raise?
SC $10mm HC $50mm

"   How did you choose your hard cap?
To build out Thought Networks ecosystem requires significant funds for further development, plus large-scale adoption and growth. While we have been working hard to build out our MVP, further development is needed: internal development network expansion, Thought Fabric, Nuance Virtual Machine, All Node types, user-facing applications, micro-network, Fabric Node alpha development, integration testing, developer library and API, advanced agent behaviors, Data Marketplace and Nuance Management Interface, Rules development, Thought Network Hackathon, Impact rating systems and more.

Along the way, we must also foster adoption by building awareness through marketing, building partnerships with educational and business organization and experts, building out a resource library to help educate developers on building on the Thought platform and on-boarding miners and holding competitions.

Finally, this all is for nothing if we are not able to show that developers and entrepreneurs are not able to build solid use cases and businesses from our platform. Therefore, we will be putting a portion aside strictly for grants to help individuals build solid businesses and provide economic value to the ecosystem.

"   What is the implied valuation?
We believe that assessing the value of distributed ledger technologies and not only their networks, but their entire ecosystems, is difficult. Current methods are flawed and do not capture the underlying value of the network, the encompassing and fragmented value that a strong ecosystem provides, and underlying technology and improvements over time. More importantly, it does not capture the true nature of the risk involved with bringing transformative innovation technology to the public.  In other terms, you cannot invent the microwave by improving a toaster. You need transformative innovation, which is hard to value.

"   What are the participation phases of your ICO
There are three phases to our ICO
Phase 1: Supporters and Contributors 30% discount
Phase 2: Pre-sale 15% discount - March 1, 2018, to March 13, 2018
Phase 3: 5-10% - 03/14/2018 - 03/31/2018.

"   How do I participate in the ICO?
You need to sign up through our sign-up page you will receive an email that will instruct you on the AML/KYC process. This process must be completed for you to participate in the ICO. Please visit https://thought.live/

"   Who can participate?
While we appreciate the support of our community which consists of members from all over the world. However, to raise this funding and to ultimately ensure the longevity of Thought Network and its ecosystem, it's important that we start off with a solid standing. Therefore, we are committed to full AML/KYC compliance. If you are from America, Canada you must be an accredited investor. All other countries are welcome except for blacklisted countries.

"   Can the additional thought tokens be bought after the ICO?
THT will be listed on crypto exchanges, and that information will be released at the end of the main ICO.

"   Perhaps this is in the white paper, but how do you propose to drive adoption if you're running your own chain?

As you know driving adoption isn't easy. We are getting the word out there with the following initiatives: Building partnerships with educational and business organizations and experts, building communities around Thought Network concepts, educating developers on building on the Thought platform. We will incentivize development and adoption with algorithm/data model development rewards, device integration and data usage rewards, and of course mining block rewards.  Adoption will come from being able to provide a chain where Partners and Communities can see their own DAPPs grow. For example, Healthcare and Supply Chain are two use cases where we are talking to partners about.

"   What are some hurdles do you think the project development will have to overcome in order to be successful in the future.

There will always be technological hurdles to overcome, which is exactly why we are doing this, because that part is fun! Building a strong community will be extremely important as will be getting participation and know-how from a wide range of industries and disciplines to help us build solutions that solve real problems. Whatever the hurdles may be, we are ready!

Thought is fundamentally changing the way data is being processed by embedding every piece of data with artificial intelligence. This means that otherwise 'dumb data' that needs an application to become useful, becomes valuable and 'smart', and is able to act on its own - understanding where it came from, where it's supposed to go, and what it has to do. This reduces the need for third-party applications, making data processing a lot cheaper and faster.

Integrating blockchain technology with this concept creates an extra layer of security on the smallest level. Every piece of data is secured with cryptography, allowing the owners of the data to dictate exactly who has access to it. In addition to making data processing a lot faster and cheaper, it solves some of the biggest issues with the current AI (Artificial Intelligence) industry:
"   AI training is time-consuming - All of the current AI needs to be trained with large amounts of information before being able to act on its own. By combining data with AI, Thought is able to allow

"   AI to train itself. Data understands its origin and its purpose and is able to function without human intervention.

"   AI black box problem - One of the most popular problems with AI is the fear that artificial intelligence becomes smarter than humans and causes massive complications which can interfere with our lives on many different levels without us even noticing this, before it's too late. Already, some AI networks have become too complex to understand how they came up with their answers. Thought's smart data can record their progress, making it easy for the designers to see exactly how it came to certain conclusions.

"   AI is only in the hands of few - Large companies like Facebook and Google know a lot about their visitors, a lot more than you might and, quite frankly, more than you might like. And only they can use that information to work with AI. Thought's algorithms are transparently designed, improved by the community and can be used even by those who don't have billions of dollars laying around.
"   
"   Are you building out a resource library to help educate developers on building on the Thought platform and on-board miners?

The immediate plan is to let developers and node owners set their prices like in any other market - if the owner of a product wants to boost the volume of sales then they lower their prices. All the prices will advertised into the blockchain, so I will write a concept that will monitor the going rate for things, the real cost of Thought, the current volume of the various services, and provide a summary and recommendations for developers and node owners. That is, unless some other developer beats me to it. Thought is an endlessly evolving system, so we can fully automate the whole price setting system at some time in the future, if there is a need.

Smart data have wallets and pay the fabric nodes for services. Also we will be opening the system to the development community to create new kinds of smart data. When smart data is created, the developers of that type of smart data are paid using the token.

"   This seems awfully similar to Mobius

Mobius is a great platform and we are very excited by their successful ICO. Thought is similar to Mobius in that we are creating universal abstraction layers. The difference is Mobius is abstracting blockchain functionality and addressing some interesting "effects" that blockchain produces, network effect, market effects, etc. At Thought we are also creating a universal abstraction layer. However, Thought is focused more specifically on data and algorithms such as analytics and artificial intelligence. I have met the Mobius folks, they are very smart people and I am confident we will be working together in the near future!

"   Do you consider SingularityNet a competitor?

Singularity.net are run by great guys and the CEO has met Ben Goertzel, a very smart guy, very big on life extension! We don't consider them competitors, they are creating a great communication network for centralized AI applications to exchange information and value. We are building a whole new kind of AI from the ground up where we will build an emergent "intelligence" that starts with the smallest pieces of information ("Nuances") that together build larger hierarchies of organization and higher-level functionality. So you can think of our global neural network as more like a whole colony of ants, or bees, or individual neurons that synchronize and work together to discover and create patterns to provide value. Our AI will also be "safer" since smaller agents are more manageable. I see us collaborating with Singularity.net in the near future!

Thought is creating a global AI network based on "small things". We are creating a totally new information structure - a hybrid of data and logic called the "Nuance". Nuances will take ordinary data that doesn't do much on its own and make it agile and able to act autonomously. Thought will democratize and add transparency to how we interact with data and applications, things that in today's digital world are monopolized by a few very large and powerful companies. Thought is leveraging blockchain as the structure for a global "intelligence" layer on the Internet where "data that thinks" will create insight and value for all that participate in the network.

"   How do you compare to Neurochain?

Thought is infinitely more flexible. Our scope covers Smart City and IoT, we have extensive use cases including Smart City and Smart Grid. The key is that Nuances each contain their own logic based on community developed "Concepts" or algorithm models. Big data is merely a component of operating on information that comes from different systems. Smart grids are ultimately about responding to grid conditions in an efficient and time sensitive manner. For example if a certain condition happens on a specific location on the grid, Nuances with contextual awareness of the local environment can respond autonomously based on pre-defined criteria to more rapidly respond with corrective action.

Nuerochain bots don't seem to be incredibly programmable. Their focus is on transactional transfer of a generic decision protocol. I was surprised to hear that they use SMTP an email protocol to communicate information. Our fabric creates its own universal communication medium where Nuances are free to evolve their functionality based on something unique to Nuance, a digital "memory". Nuances autonomously extract patterns from connected devices and are able to act on contextual environment based on a more dynamic and flexible set of algorithms, true building blocks of AI.

THOUGHT ICO PARTICIPATION:
"   What is the minimum investment?
Phase 1: minimum $50,000 USD
Phase 2: minimum $100 USD
Phase 3: no minimum

"   What is the maximum number of tokens available?
We have a max coin of 1.618B, 809MM of which are premined and 517MM available for sale. This represents 65.38% of currently circulating coins. The remaining 809MM coins are not yet created and will only be available by mining. It's mineable by the public over 25 years. We have a block time of 1.618 minutes and a 314 THT block reward with subsidy halving interval of 1,299,382 blocks. At this rate, minable coins (809MM) will be created over 27.7 years (all coins mined and circulating by year 2045). We expect network value to significantly outpace additional coin creation so that dilution from new coins will be insignificant. If we reach our hard cap of $50MM USD, the valuation of Thought will be $76.47MM. We will use the funding for heavy R&D and community and partnership building to bring an unprecedented amount of value to all entities that create and consume data and data insight with a truly unique artificial intelligence network. We need minable coins because we will need community participation in processing Nuances and compute resources for real AI!


If you have any more questions, please ask!

With Love, Team Thought :

May I see your time allocation somewhere?

Yes, please check page 55 - White Paper is here https://thought.live/assets/thought-white-paper.pdf

한국 여러분들을 위해 한국어 스레드를 준비했습니다!
아래 링크를 확인해주세요!

https://bitcointalk.org/index.php?topic=3104734.msg32067001#msg32067001

Does Harrisburg University of Science and Technology has some AI department or special lab? I just found no specific information on this topic on their website.

What is the technical application of Thought, is there a demonstration, it is a little difficult to understand only by the text description.

I suggest you to check our video:

https://vimeo.com/257355492

And also this PR: https://themerkle.com/hacker-launches-ico/

And also join our telegram group where you can ask questions directly to Thought's creators https://t.me/thoughtcommunity

Hi albermaze,

To reply to your question - yes, Harrisburg University of Science and Technology has an artificial intelligence and natural language processing lab, as part of the Data Analytics department.

Check our latest article on the blog!

Thought Network Patented Technology Brings Equality to the AI and Data Industries

Artificial Intelligence is everywhere

Have you ever wondered how one day you searched “Best Smartphone of 2018” on Google and the next day you were bombarded with ads from smartphone companies? Or how watching a video on the ‘World’s Best Beaches’ on YouTube inevitably leads to plethora of holiday ads being shown on sites you are currently viewing?

As you might already understand, there aren’t millions of employees working at YouTube who personally follow you and suggest to you the most exciting videos or people monitoring your searches on Google to show you the most relevant advertisements. It is all done by computer coding and algorithms, or in other terms, by Artificial Intelligence, or AI.


Read More (https://medium.com/thought-tht/thought-network-patented-technology-brings-equality-to-the-ai-and-data-industries-d1e22b334532)

AND DON'T FORGET - THOUGHT ICO LIVE NOW!

PARTICIPATE HERE! (https://thought.live/)

https://i.imgur.com/vwi4UXS.jpg (https://thought.live/)

Hello, please tell me, and in countries where ICO is prohibited, the project will be able to work somehow (as it is very promising and even necessary project)?

Hi french_andrey and thank you for your question.

What countries' situation with the ICO are you concerned about? Where are you from?

Thank you Fliora!

I see this project quite promising  ;)

Hi trung.nguyen2382!

So do we ;)

will be a quick trading solution and the best investment in cryptocurency. I hope a lot of buy tokens and profit with you. good luck dev

not bad, so far this project looks good, good luck for this project, hope to continue to succeed, will follow more updates

Hi Behiri,

We are glad you believe in this project as much as we do! :)

Hi Brooku,

Be sure to monitor this thread, then ;)

as i read the information,so far this project looks good, good luck for this project, hope to continue to succeed, will follow more updates

Then you read good! :)
Be sure to follow this thread to stay updated!

This seems like a great project, let's hope that it will succeed. The team gave me confidence in that department

Hi Gabriella, we are glad to hear that from you!

You have chosen to be in the field that a lot of people are interested. Maybe when you choose this field you have succeeded. But if it is extended and developed further, I need to know more about the project. I will continue to update to get more information for each stage.

I am interested in your project but it's hard to understand all information you show  ??? ??? ???

Hi Olywen,

You are very welcome to follow this thread :)

In case you want to ask a question to the team members themselves go to https://t.me/thoughtcommunity (https://t.me/thoughtcommunity)

Hi liamsimmom!

I am here for you, let me know what is unclear to you :)

Alternatively ask your questions to our team members directly at https://t.me/thoughtcommunity (https://t.me/thoughtcommunity)

Can you give me more information about this? Much better with pictures for a clear description. It should be more interesting, shouldn't it..  

Hi betgmax. What is this "it" you are referring to? Is it the whole concept? Or a specific part of it?

Perhaps this video can help https://vimeo.com/257355492 (https://vimeo.com/257355492)