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SingularityNet- Blockchain for AI

Thu, 07 Mar 2024, 09:56 am UTC

SingularityNET Platform is an open and decentralized network of AI services made accessible through the Blockchain. It gives developers a commercial launchpad and also allows the AIs to interoperate, creating a more synergistic, broadly capable intelligence.

SingularityNET is a distributed computing architecture for making new kinds of smart contracts to facilitate market interactions with AI and machine learning tools.

SingularityNET's collection of smart contracts includes contracts to be used by external, non-AI Agents who wish to obtain AI services from Agents in the network.

Key components of platforms-

SDK- It automatically compiles client-side code for interacting with the platform and with specific services, allowing service requests to be coded straightforwardly and supporting payment and interactions with the blockchain.

SingularityNet daemon- It is the adapter that a service can use to interface with the SingularityNET platform. The Daemon is a sidecar proxy, —a process deployed next to a core application to abstract away some architectural concerns such as logging and configuration as well as entire platform aspects, such as the interaction with smart contracts or even the decision to use the Ethereum Blockchain.

The SingularityNET command line interface (CLI) is the primary tool for interacting with the platform's smart contracts, managing deployed services, and managing funds.

The Ethereum blockchain is used to host two critical smart contracts: the Registry and the Multi-Party Escrow.

The Registry is an ERC-165-compliant smart contract that provides all the information needed to find and interact with AI services on the platform, either by listing the information in full or, when it is too long.

An Escrow contract defines the conditional transaction between two transacting parties through an Escrow account.
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It is good to buy on dips around $1 with SL around $0.60 for TP of $2.

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