How does the project create value to the ecosystem and differs from competing projects?
The Basis Neuro neural platform represents the infrastructure for the development of neural products of a new generation and the integration of neural interfaces into existing businesses. The Basis Neuro team as we are planning will need $22.5 mln to create the neural Basis Neuro platform. These funds as we are planning will be allocated to the revision and testing of the software environment. Since Basis Neuro is not a concept but rather a ready-made company with its own developments and software solutions, the required amount is substantially lower than purchase of Token in similar business projects. For comparison, the average purchase of Token for the creation of a software neural Basis Neuro platform exceed $100 mln.
Why do you need token?
Token is the access to technology, i.e. the capability to create a proper business based on neural technology. When you purchase tokens during the ICO, you automatically get a discount when using the neural Basis Neuro Basis Neuro platform and purchase the interface. All participants of each stage of Pre-ICO and ICO also get a discount on products on the neural Basis Neuro platform and WhiteLabel.
Why do you need a blockchain? It’s looks like a classic business model...
Collection of information
Algorithms are among the foundations of neural interfaces. The most complex mathematical models and methods for deciphering electroencephalograms can correctly identify a person's condition and intentions that they transmit to the device in the form of electrical signals. Of course, the big data are even deeper in this process – the parameters of brain activity directly encoded in a numerical format – the samples from which models learn and improve the algorithms for classifying brain patterns.
Researchers need to measure the processes of mental activity on real people to have enough initial statistics for analysis. Where can we get a sufficiently large, so-called valid sample of experimental data in order to build adequate and efficient models?
Basis Neuro created its own digital platform to solve the problem of transferring valuable information from users of neural interfaces to their developers. This is a large-scale virtual space, where sites will be launched to exchange data and technologies, fix financial transactions and conclude transactions, and develop and scale products.
In particular, data on the brain activity of people who regularly use neural interfaces can be stored directly on the platform. The problem often lies in the fact that not everyone is willing to openly transfer his or her biometric parameters for research. To implement the project, it is important that users trust neural technology and are not afraid to pass on information about the processes taking place in their body, including their brain. In our case, the risks are minimal, since such information is not personalized and is encrypted in a special way. Blockchain and neural biometry merge at this stage.
The fact is that personal data is not required. Our task is just to collect as much information about the thinking activity of people as possible, in order to launch an artificial superintelligence on its basis, which will help us to solve complex strategic tasks by taking control of resources on an unlimited scale. However, fortunately or not, it must be said that this problem is from a completely different area and requires other data. Therefore, by a twist of fate, our mission is exclusively humane – the developed system is designed to improve the user experience and improve the overall living standards.
If we continue the topic of trust, then blockchain as a system that ensures anonymity is very suitable for solving the issue of providing individual biometry. Nobody knows to whom exactly the data belongs, but their arrays can be easily processed, providing qualitative research results. Blockchain will be the drive for new discoveries in the future, as it allows to transfer information safely and anonymously.
Digital user identification
Using blockchain for digital user identification through a neural interface is also a relevant issue. Fluctuations in the waves of brain activity in each person are in many respects unique – the neural interface learns to recognize its owner in the process of interaction with them, after which the data on authorization can be recorded in the blockchain distributed registry at the request of the user.
Token payments to the interface users
Efficient platform development is only possible with further large-scale research of human brain activity. In the foreseeable future, hundreds of thousands of people will use neural interfaces in everyday life and work. All users will be able to voluntarily transmit data about their own brain activity for research and be rewarded in tokens. The blockchain use at this stage will allow efficient and autonomous payments to users, which will reduce transaction costs.
Documentation of copyright and information storage
Blockchain has shown its efficiency in documenting copyright for patents and technological developments. The use of blockchain in the project is required for documenting copyright on intellectual property of developers that shape our platform ideology, and produce their own services, products and apps on the Basis Neuro platform. It will also document the facts of purchasing development kits (SDK) and licenses.
Creation of an open corporation and optimization of business processes
To increase the efficiency of business processes, settlements with investors, users and consumers of the platform products will be made using the local currency – the BNST token. Those investing in the Basis Neuro platform will see and receive real revenue, as data on the number of goods and services sold will automatically be recorded in the blockchain of the Basis Neuro token. As such, conditions for absolute transparency and reliability of business processes are created for investors at the ICO stage.
[Moderator note: consecutive posts merged (separated via horizontal lines)]
