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Topic: [VN3T story] Challenges and Solutions of Vn3t (Read 139 times)

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November 23, 2017, 05:57:47 AM
#1
Hi Bitcoin forum guys.
Today I'm gonna talk about the Vn3t's goal.

The world is changing and physical assets are becoming less and less essential in business. In contrast, data has become main part of company assets and IT world.
Many organizations develop strategies to extract greater value either directly or indirectly using Artificial-intelligence(AI) techniques such as machine learning and provide special services based on data collections.
Large volume of valuable data assets and own particular machine learning algorithms are goldmines for companies and there are a lot of attempts to monetize them.
Here, there remains risk and problems of:
•   Privacy,
•   Security, and
•   Intellectual Property.
An organization cannot risk streaming actual client data which exposes original data sources. The cost to implement a viable, safe monetization strategy which mitigates these challenges is resource intensive, and creates a situation where data-oriented business models are the main actors and stakeholders of the actual data market.

Furthermore, each company that operates trained algorithms sit on a goldmine that can be monetized externally from their market. In the actual paradigm, a firm that wishes to buy or build a structured dataset must find data providers, analyze data quality, and implement data structuring in a unique way, making cross-service creation rigid and linear.

For the network to be distributed in an uncontrolled and fully peer-to-peer manner, VN3T uses Blockchain technology. Its mining system allocates powerful GPU calculation power in the form of cooperative GPU pooling. This virtualized environment will optimize the confirmation, calculation and transaction process time at  “state-of-the-art” level.
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