Blockchain
Solidus making waves in the AI sector
Established 2017 Solidus Technologies have been raising funds and working on building a data centre built for the purpose of High Power Computing and processing Blockchain networks along with Artificial Intelligence applications.
The world is changing and evolving into more tech-based living. It is facing an unparalleled growth in needs and desires for computing power across areas such as artificial intelligence, pattern recognition, face recognition, image analysis, transaction validation, deep learning and much more. High Performance Computing (HPC) is already helping in many walks of life, such as social media, healthcare, mobility, communication networks, financial services, industrial processes and scientific progress.
HPC is used to describe the deployment of a sever estate and supporting infrastructure the function of which is to carry out large volume of compute tasks very quickly. In order to get the required level of performance the use of GPU (graphic processor Units) is used, the chips are capable of processing large blocks of data very quickly due to the highly parallel structure. Primarily used to manipulate computer graphics, these processors were developed to render and process millions of polygons per second and accelerating the memory intensive work of texture mapping. The complex and matrix like nature of these calculations have led to engineers and scientists using GPU based systems to perform non-graphical calculations.
GPUs have also become priceless for the artificial intelligence (AI) and machine learning space. We have seen the demand for new algorithms and processes to help in science, technology and machine learning grow exponentially over a short space in time. With new adaptions on computers, smart phones and smart technologies such as alexa and smart TV’s, AI is now shaping the way we live our lives and will be ever increasing as time goes by. Data scientists and AI researchers have used GPUs for machine learning to streamline a series of processes and applications, such as speech recognition, natural language processing, image classification, and video analytics among others. The highly parallel structure of GPUs makes them much more efficient for algorithms than CPUs, which is why the AI industry finds them indispensable. Companies like IBM, Facebook, Adobe, Baidu, and Microsoft started to use GPUs for their machine learning projects and with this through Optoelectronica which is owned by the joint venture manager Adrian Stoica Solidus Technology will be tasked to process the satellite data under a Research Programme financed by The Romanian Space agency better known as ROSA.
Scott Cannon, Director at Solidus has said “I am delighted with the way things are moving forward for the company, we are currently speaking with some very well known organisations in regards to their Artificial Intelligence needs and with us now Helping ROSA the potential for us to expand in this space is increasing. It’s a great revenue stream for Solidus and I’m looking forward to gaining further partnerships as the demand in this sector is huge right now.”
Since 1991, the coordination of the space activities in Romania and stronger collaboration in European and international space programs is achieved through the establishment of the Romanian Space Agency (ROSA), within the Ministry of Education and Technology, which was reorganised in 1995 as a public institution entirely self-funded, operating under Government Decision and the subsequent decisions of the Ministry of Education and Research – National Authority for Scientific Research and Innovation.
As a government institution, ROSA has concluded international agreements on behalf of the Romanian Government. The first agreement between Romania and the European Space Agency (ESA) on space cooperation for peaceful purposes was signed in Paris on 11 December 1992 and ratified by Law no. 40/1993, event that marked the beginning of the Romanian participation in several research projects together with other European countries. In 1999 was signed the Agreement between Romania and ESA on the Cooperation for peaceful exploration and use of outer space, an event which increased the opportunities for collaboration between the industrial community in Romania and ESA.
The Romanian Commission for Space Activities dealt also with international agreements. Romania was among the first Eastern European countries to sign collaborations with NASA in the 70s, taking and processing the images from Americans satellites. Romania also had agreements with countries in western Europe, such as the agreement with France, through which the Romanian specialists were sent to Toulouse to prepare in the satellite remote sensing field.
Solidus Technology are actively seeking further contracts or Letters of intent from other well known organisations to utilise there processing power for their HPC and AI needs
Blockchain
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Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
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Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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