Artificial intelligence

Neura: A New Era of AI and Blockchain Innovation

Ankr has announced the impending launch of the Neura blockchain, a cutting-edge platform designed to meet the fundamental demands of AI firms. 

TakeAway Points:

  • Ankr has announced the coming launch of the Neura blockchain.
  • Neura aims to revolutionise the AI startup scene and usher in a new era of technical growth and synergy by tackling important problems and providing creative solutions.
  • It also promotes fractional ownership and transparent revenue sharing among developers by introducing new token standards like ERC-404 and ERC-7641.

Neura Blockchain

The Neura blockchain, as a cutting-edge platform, combines decentralised GPU resources, cryptocurrency-driven crowdfunding, and on-chain AI functions to transform the deployment, training, and operation of AI models on blockchain technology.

As per the report, Neura distinguishes itself by addressing three major obstacles that AI businesses encounter: the intense need for GPU resources, difficulties with data administration, and the difficult issue of obtaining capital. Its novel strategy is centred on a blockchain system that manages a decentralised market for GPU power. 

With the help of this platform, AI models may make use of a decentralised data storage system, access a reservoir of on-demand computing power, and employ smart contracts to expedite asset management, operational procedures, and AI access.

Convergence of Web3 and AI

Chandler Song, Co-Founder and CEO of Ankr, envisions Neura as a superior operating system for AI’s neural networks. He said,

“Neura offers a superior operating system for the neural networks of AI models, supercharging them with trusted data, scalable access to GPU resources, smart contract automation, and new economic models more capable of handling the by-the-second demands of future AI apps and payments. The convergence of Web3 and AI will be one of the most important events for both industries, and we are very excited to be leading the way.” 

Neura

Neura is a carefully designed platform that is based on the solid foundations of the Cosmos SDK and optimised for Ethereum Virtual Machine (EVM) compatibility. It is not just another blockchain. 

By collaborating with off-chain storage technologies like Celestia, EigenLayer, IPFS, and Arweave, the integration not only makes scalability and interoperability easier but also guarantees data security and integrity. This tactical move keeps the blockchain from becoming overloaded with large AI model data, preserving smooth and effective operations.

Neura provides top-notch protection for all transactions and data within its ecosystem by using the tried-and-true security methods of Bitcoin through the Babylon BTC staking protocol. The ANKR token is essential to the ecosystem since it enables a range of payments and rewards for AI usage in Neura, including compensation for GPU providers and AI developers. 

Furthermore, through Initial Model Offerings (IMOs), Neura promotes fractional ownership and transparent revenue sharing among developers by introducing new token standards like ERC-404 and ERC-7641.

Enhancing the Web3 Revolution

Ankr maintains its status as a full Web3 development hub, even beyond Neura. With its extensive toolkit for multi-chain dApp development, blockchain engineering, and cryptocurrency staking solutions, Ankr makes it simple for people and companies to enter the Web3 development space. Ankr is enabling a more decentralised, democratic, and user-centric online experience by virtue of its globally distributed node architecture. This makes it simpler for anybody to create, profit from, and take part in the developing cryptocurrency market.

Ankr’s introduction of the Neura blockchain is a major turning point in the development of Web3 and AI technology. Neura aims to revolutionise the AI startup scene and usher in a new era of technical growth and synergy by tackling important problems and providing creative solutions. The Neura blockchain, whose debut is highly anticipated by the industry, is expected to be a trailblazer in terms of innovation, directing the course of blockchain integration with AI in the future.

 

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