Browse Definitions :
Definition

DeepBrain Chain

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

Continue Reading About DeepBrain Chain

SearchCompliance
  • ISO 31000 Risk Management

    The ISO 31000 Risk Management framework is an international standard that provides businesses with guidelines and principles for ...

  • pure risk

    Pure risk refers to risks that are beyond human control and result in a loss or no loss with no possibility of financial gain.

  • risk reporting

    Risk reporting is a method of identifying risks tied to or potentially impacting an organization's business processes.

SearchSecurity
  • Pretty Good Privacy (PGP)

    Pretty Good Privacy or PGP was a popular program used to encrypt and decrypt email over the internet, as well as authenticate ...

  • email security

    Email security is the process of ensuring the availability, integrity and authenticity of email communications by protecting ...

  • cyberterrorism

    Cyberterrorism is often defined as any premeditated, politically motivated attack against information systems, programs and data ...

SearchHealthIT
SearchDisasterRecovery
  • What is risk mitigation?

    Risk mitigation is a strategy to prepare for and lessen the effects of threats faced by a business.

  • fault-tolerant

    Fault-tolerant technology is a capability of a computer system, electronic system or network to deliver uninterrupted service, ...

  • synchronous replication

    Synchronous replication is the process of copying data over a storage area network, local area network or wide area network so ...

SearchStorage
Close