Check out new developments in blockchain and AI

Crypto Reporter

March 12, 2018 By Alex Puriy

ATN platform – ecosystem for AI development

Put simply, the ATN platform will act as an advanced marketplace, where developers will find everything they need to create and train AI services, and customers will find any kind of AI service.

ATN ecosystem is based on three main pillars: DApps, DBots and AI services.

DApp is a decentralized AI application, created for end users, and to be used for their specific needs. By entering initial data into DApp users then receive an answer or a complete solution. But DApp itself will not necessarily contain an AI algorithm to solve tasks.

Instead, DApp can use an AI service from a third party, simply sending the user information to AI service. AI service will process the data and provide the result back to DApp. Doing it this way DApp will need help in finding an appropriate AI service for its task.

DBots will act as a link between DApps and AI services. DBot will define which kind of AI services is appropriate for DApp, it will then choose the most suitable AI service among a huge pool.

ATN tokens

All activities on the ATN platform will be recorded on blockchain and will utilize ATN tokens, which are essentially the “blood” of the platform. ATN tokens will be used by Dapps to pay for AI services, while developers will use ATN tokens to pay for access to data and computing capacity.

Current state of development and future outlook

At the end of 2017, ATN announced a strategic partnership with Chinese Wanda Internet Technology Group. ATN and Wanda will jointly establish a “blockchain + AI” industrial alliance to support Wanda’s business entities to create smart products and services.

In February 2018, right after finishing successful public sale of tokens, ATN announced a strategic investment of US$10 million from institutional investors Dream Chaser Capital, Capital Dynamics Fund, Longqing Capital and Drop Capita.

As of today, we consider ATN as one of the most promising blockchain projects. ATN platform has a great value because it solves a lot of issues within the AI tech industry. The team has a clear vision of how to develop and implement the platform. At its early stage ATN is widely known among many players of IT industry.

Read more here: https://www.crypto-reporter.com/news/atn-blockchain-based-platform-for-ai-development-1938/