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DeepBrain Chain

Contributor(s): Matthew Haughn

DeepBrain Chain (DBC) is a blockchain-based computing platform for AI that was designed to lower user costs for processing power. The platform operates as a decentralized neural network.

DeepBrain provides traditional AI researchers and other individuals with an affordable, flexible and private system to research and develop AI projects. The savings over conventional AI platforms is said to be 70 percent. At the same time, DeepBrain Chain aims to accelerate development time. The reduced time and money requirements are intended to bring AI possibilities to non-AI companies. DeepBrain Chain was originally built on the back of $NEO, a next-generation smart economy platform. DBC has since created its own blockchain network called $DBC Mainnet. The system provides a decentralized network with huge amounts of compute resources.

The system uses smart contracts, which help ensure privacy and keep ownership clear and data separate. Security protocols and data usage rights can also be specified in smart contracts.

The cryptocurrency for DeepBrain Chain is a token called DeepBrain coin, which will be purchasable and redeemable for access to compute resources for all kinds of AI projects. The resources for the compute power in the network come from distributed nodes worldwide. Individuals and organizations can mine for coin that is given in exchange for these resources.

Deep BrainChain was founded by Da Hong Fei, the same man who founded NEO. The company has already received more than $100 billion in investment and has hundreds of clients.

This was last updated in June 2018

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