|15:05:02 IST, 30 Jul||₹0.440||↓0.018|
|12:05:01 IST, 30 Jul||₹0.458||↓0.003|
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DeepBrain Chain provides a decentralized artificial intelligence computing network and platform for a variety of artificial intelligence products.
It is essentially a platform designed for computing and trading data to distribute backup computing resources. Ultimately, this would make AI calculation much less expensive (the project estimates a 70% reduction in AI costs) while protecting against data leakage, and securing intellectual property of the products and data.
In addition, another critical element is DeepBrain's semantic library: a library that supports voice interaction applications (similar to Amazon's Alexa). The DeepBrain semantic library can also be used to create third-party applications that require voice, image, text, and other inputs.
DBC was at an initial price of INR 9.27 on 31 December 2017 and spiked up to INR 7.77 on 31 January 2018.
DBC was at an initial price of INR 8.29 on 1 February 2018 and dipped down to INR 5.88 on 24 February 2018.
The founding team is convinced that DeepBrain Chain has already presented a use case on the existing market, that it has the potential to develop in a gigantic market, and that it can develop progressively around its core business - storage sharing - and its mechanism for calculating the mining capacity.
Each DBC token corresponds to the calculation value of the service. This means that the token is tied to the real value, and if the DeepBrain channel can carry out this ambitious project, investors could receive substantial dividends.
If DeepBrain Chain is able to establish itself as a pioneer in the blockchain AI space, it will have a solid base in a potentially trillion dollar industry. Experts predict that the role of artificial intelligence will continue to increase with the advent of new applications of artificial intelligence.
The AI industry currently accounts for about $20 billion a year, with most of the costs going to computer processing. This is why DeepBrain Chain seems to be integrating as it leverages the blockchain to reduce costs and increase transaction speed.
ICO Review of DeepBrain Chain
According to the official website, DeepBrain Chain was registered after Christmas (December 25, 2017) on Huobi, Kucoin and Lbank.