The coming together of AI and Blockchain is one of the most defining synergies of our time, with both technologies complementing each other in areas like data transparency, process automation, decentralized storage, scalability, provenance, authenticity verification, data monetization, sharing, and smart contract development.
Industries including finance, healthcare, environmental science, manufacturing, and data analytics are already leveraging these benefits.
A recent example is Pundi AI’s partnership with Conflux Network, a Layer 1 blockchain using a hybrid Proof of Work and Proof of Stake mechanism (Tree-Graph consensus) for fast, secure transactions.
On a broad scale, this partnership will leverage Pundi AI’s best-in-class AI data solutions and channel them through Conflux Network’s capabilities to introduce decentralized AI applications with significantly improved performance.
At a functional level, it will involve the Pundi AI Data Platform and Data Marketplace. Developers will be able to utilize “annotated datasets to deploy models.”
Powered by Conflux’s parallel processing framework, these deployments can achieve transaction speeds of 3000-6000 TPS while benefiting from robust blockchain security.
Since Conflux is EVM-compatible, it also allows AI practitioners to work with familiar Ethereum-based tools.
All these motives will drive the collaboration toward the ultimate goal of empowering and enabling meaningful contributions to AI development worldwide.
The initial offering will include tools that facilitate peer-to-peer sharing of AI training resources and address the computing resource gap—a major roadblock preventing many talented developers from fully participating in the AI revolution awaiting at the world’s doorstep.
For Conflux, this collaboration holds immense significance in attracting best-in-class developers to deploy and operate Pundi AI’s models on Conflux. These models aim to make AI efforts more democratic, inclusive, and accessible by ensuring they are scale-agnostic, cost-efficient, and powerful enough for end-to-end deployment.
The space where AI and blockchain intersect is a space rich with opportunities and possibilities. The collaboration between Pundi AI and Conflux Network is well-positioned to set a compelling example of what’s possible.
