Hessian Network - Collaborative Intelligence platform and data economy
Hessian 1: A Hessian Matrix is a matrix that holds second partial derivatives of a scalar function or field ,used extensively in deep learning an machine learning
Xenon Milestone is complete we have published the first linear model trained on encrypted data
Github Repo :
https://github.com/hessiannetwork/milestone-poc-alphaWith this milestone reached we have decided to start our initial offering to the community :
The project won't need millions to start running,so we bootstrapped it ourselves to be able to commit to it and deliver before deadlines,we decided to rely as well on community donations , the next milestone is Helium and will be achieved on 21 december .
Donations Address (ETH) : 0xF9AD13D763f9d347D4C3FeF85b8DAB718A511537
The airdrop will run for 3 rounds
The non air-dropped token will be burnt .
The distribution :
- 6 % for bounties & project expanses
- 5 % for developers
- 80% for investors
- 5% to be held by the oracle smart contract .
Airdrop Form : is on Twitter & Telegram group
Whitepapers :
- 1st Whitepaper : A P2P Model for federated deep learning and distributed gradient updates Helium Milestone
- 2nd Whitepaper : A Decentralized Application for data science competitions -Jan 2017
- 3rd Whitepaper : Latensor a encrypted deep learning library with dynamic operations on encrypted data . -Feb 2017
In today's world the amount of data generated by companies,people is about 2,500,000 Terabytes source but only 0.5 % is analyzed that means there's an huge amount of data that goes lost,sold,or left without being touched that 95% of insights companies are loosing everyday .
Kaggle is a platform that links companies with data scientist , companies submit data and offer a prize to whoever solves the problem they put ,the prize pool is small and most big companies in finance for example don't want to submit it because it's expensive to collect and analyze and offering it to the public is to them offering an edge to others in other industries like healthcare the data itself is sensitive thus they can't profit from the insights a user from China for example can provide .
Numerai is a hedge fund that offers encrypted data to data scientist and when the hedge fund makes money payouts goes to the top 100 .
Hessian Network is a new platform that aims to fuse the two and offer an amazing alternative to both .
Why ? : To answer this question we need to discuss the privacy ethics of data sharing ,in some industries (Healthcare,Military,Finance,Tech,Commerce...) data contains sensitive information and only the team that works on it can perform analysis and find some insight that helps solve a problem for example patients data is very sensitive and only a data scientist working at a company X can work on it and the crowd is always better .To solve this problem Hessian Network proposes homomorphic encryption ,an encryption that has a very special property structure preservation that means you can encrypt two numbers perfom any math on them (addition,multiplication ...) and the decrypted result is correct this way one user from anywhere can use a Neural Network or a Machine Learning Algorithm to either provide predictions or classify a sample and help the data provider .
This kind of encryption will permit companies and anyone to share his / it's data in a privacy preserving way and the users can choose to collaborate or compete extract valuable insight and get paid for it .
How ? : Hessian Tokens are ERC20 tokens they're used to unify first streamline payments and unify the operations under one currency that can be exchanged and withdrawal anytime anywhere at the same time it will be able to offer a larger prize pool thus more payouts to contributors .
And ? : Since this project is an open organization one where anyone can contribute and we welcome you to contribute any way you can or want .
This project seeks to provide a trustless platform that aims to be a decentralized application where data is encrypted,safe users are anonymous and payouts are immediate and secured the blockchain structure provides the primitives to build a truly open competition that aims to help the world & companies & people alike .
More details soon
Meanwhile if you have any questions or want to join the community :
Follow us on twitter :
https://twitter.com/hessiannetworkJoin us on telegram :
https://t.me/hessiannetwork Visit our temporary website :
https://hessiannetwork.github.io
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