AI Blockchain Platform “KNEO” To Create Secure And Private Personal Networks
AI Blockchain Platform “KNEO” To Create Secure And Private Personal Networks
July 18, 2020
AI Blockchain Platform “KNEO” To Create Secure And Private Personal Networks
AI Blockchain Platform “KNEO” To Create Secure And Private Personal Networks
July 18, 2020

The Kneron Neural-network Edge-AI Open (KNEO) platform has combined edge Artificial Intelligence (AI) devices with blockchain technology to create secure and private personal networks. 

It has been reported that the KNEO platform also creates digital assets out of personal data which can be exchanged or sold to the corporations who want them.

However, KNEO uses blockchain technology to connect a number of edge AI sensors or stems, such as cameras, microphones, and thermal sensors, as the term “edge AI” means systems that process algorithms locally, rather than sending data for remote processing. This means that KNEO does not require an Internet connection, and all data collected is encrypted and secured on an individual private network.

It has been analyzed that stems can be controlled by a central app and connects to enhance each other’s capabilities as they work together and share data.

Likewise, Kneron has also introduced an edge AI marketplace on Google Play and iOS to encourage the open-source community to develop applications that update, alter, or combine edge AI devices to perform specific tasks.

ALSO READ :  Binance CEO Changpeng Zhao Overtakes Bitmain Co-Founder Micree Ketuan Zhan In New Hurun Rich List

Its use-cases include:

  • monitoring home energy usage
  • health and preventative care
  • car maintenance
  • home security

Also, the marketplace will connect consumers to corporations who want to buy or use their blockchain-enabled data in digital asset form, as driving data collected over a year may be exchanged for discounted automobile insurance, or shopping, lifestyle and consumption data may be sold to advertisers, brands or market researchers.

As per the report, KNEO will also form a core part of AI education in universities. Major universities in the United States, Taiwan, and Hong Kong already use Kneron’s technology in courses on AI development. Developers and hobbyists can start building apps with just a KNEO stem and a Raspberry Pi.

AI has been around as a concept for a hundred years, although recent developments in networking, processing performance, and storage have seen a slew of practical improvements.

Thus, the combination of AI and blockchain to create secure private consumer AI networks marks a convergence of two of the most touted technologies for the future.

ALSO READ :  Food And Drug Administration Announces To Approve The Use Of KN95 Masks From China

Source: Cointelegraph | Image: Enterprise Talk


Disclaimer

Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.

You May Also like

Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with an experience of 1 year. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.
Share This

Share This

Share this post with your friends!