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Cryptocurrency News Articles

UOMI Network: The Latest Blockchain Innovation With AI and NFT

Sep 22, 2024 at 03:00 pm

UOMI Network is a somewhat unique project based on blockchain in the AI field, where economic agents will be represented by NFTs.

UOMI Network: The Latest Blockchain Innovation With AI and NFT

A project based on blockchain in the AI field, where economic agents will be represented by NFTs. UOMI introduces AI economic agents on blockchain with NFT.

UOMI is working towards a future where AI agents will have their own true economic agency. Their platform allows these AI agents to own and manage digital assets, represented as NFT on any EVM-compatible blockchain. Their innovation aims to operate not only in the field of finance, but also in that of governance and digital art.

UOMI stands for Unstoppable Open Machine Intelligence, and it aims to enable reliable interactions between smart contracts and inferences AI. This should facilitate the development of self-sufficient AI economic agents, that is, entities represented as NFTs on any blockchain that possess the capability to carry out transactions of crypto assets independently, covering their own computational expenses.

For example, an autonomous AI agent could be a digital artist who autonomously mints NFT, or a non-playable character (NPC) within digital games, or one of the managers of a DAO who makes governance decisions.

Imagining public blockchains, such as those of Bitcoin and Ethereum, as self-replicating machines, that is, organisms that exploit economic incentives to encourage human participation in their functioning and expansion, these lend themselves to potential integration with artificial intelligence in these, thanks to the creation of autonomous economic agents.

UOMI proposes a new consensus architecture for a layer-1 blockchain, designed to incorporate secure AI computation while minimizing trust assumptions and computational overhead.

Their secure computing framework is based on the Optimized Proof of Computation (OPoC) consensus algorithm, which ensures robust security and economic incentives, while at the same time promoting a new generation of AI systems integrated on blockchain.

Optimistic Proof of Computation is an efficient protocol from the computational point of view designed for a decentralized and secure AI.

This new consensus algorithm has been designed to facilitate secure computation within a decentralized computing framework, and it ensures that for any computation function f() and input x, there are strong statistical guarantees that f(x) = y.

In the algorithm, economic principles have also been integrated, leveraging the staking of tokens, and thus such statistical guarantees are transformed into tangible economic security.

This economic security supports the integrity of interactions between AI models and smart contracts, in particular in environments where the value is managed and the incentive to manipulate the results is significant due to the stakes involved.

In particular, their algorithm has been optimized for resource-intensive calculations, and it is particularly skilled in handling large language models and machine learning tasks.

UOMI Network is supported by Over the Reality, and by a community that now counts 1.2 million members

His KOL Round was led by prominent figures in the Web3 sector, with involvement from over 18,000 influencers and extensive marketing activity.

Its goal is to become the first AI Layer One ever, pioneering the development of autonomous and unstoppable AI agents.

The launch is scheduled for November 2024.

Obviously, they will also launch their own token on the market.

News source:en.cryptonomist.ch

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