Nebula AI NBAI to Chainlink LINK Exchange

Crypto Pair Details: NBAI to LINK

Nebula AI NBAI

Nebula AI is a decentralized blockchain integrated with Artificial Intelligence and sharing economies. With the Nebula blockchain, developers can deploy their Artificial Intelligence applications easily on a blockchain platform. The integrated API/SDK and payment services allow the developers to earn revenue based on the AI smart contract. Nebula AI also allows the GPU miners to contribute their GPU hash power to AI computing power which allow for a variety of AI applications. This invention allows Nebula AI to compete with the pricing of Amazon and Google cloud computing services. The blockchain technology provides a digital trust mechanism for human beings which enhances the efficiency of value exchange and reduces costs, the genuinely credible and efficient Internet of Value is approaching. In recent years, many breakthroughs have been made in the field of artificial intelligence, and artificial intelligence has now penetrated every corner of human society and will become an essential cornerstone of change in human society. Nebula AI is committed to building a decentralized artificial intelligence computing blockchain (NBAI) that reduces the energy costs of traditional Proof of Work by converting GPU mining machines into AI computing services.The AI transactions recorded on NBAI will be irreversible. The distributed computing network also ensures high concurrency and low latency computing power. The conversion of GPU mining machines makes it possible to provide more cost-effective artificial intelligence services. Nebula AI will cooperate with large-scale third-party Internet data centers to provide adequate computing power for AI computing. Nebula AI has established an artificial intelligence training centre in Canada. System-based quantitative finance, image identification and other blockchain applications are also in development. The well-developed NBAI ecosystem integrates the top-level applications such as DAI App, scientific research and application, university education, and the bottom-level of NBAI blockchain, Artificial Intelligence Mining Machine and Artificial Intelligence Data Center. The innovative economic model of NBAI ecosystem is the realization of a complete set of value-added economic systems.

Chainlink LINK

ChainLink is a decentralized oracle service, the first of its kind. When Ethereum went live in 2015, it revolutionized what blockchain could bring to enterprise solution and traditional business. Blockchain was no longer just a medium for new age financial transaction, confined to Bitcoin’s potential to disrupt traditional currency exchange. With Ethereum powered smart contracts, Vitalik Buterin opened up a Pandora’s Box of use cases for blockchain technology. Problem is, per their design, smart contracts can only manage data on the blockchain. Their potential, the ability to provide tamperproof, decentralized applications for uses the world over, is still largely untapped, as many of the smart contract programs built on Ethereum lack a bridge to the real world industries they’re trying to improve. ChainLink’s first component consists of on-chain contracts deployed on Ethereum’s blockchain. These oracle contracts process the data requests of users looking to take advantage of the network’s oracle services. If a user or entity wants access to off-chain data, they submit a user contract (or requesting contract) to ChainLink’s network, and the blockchain processes these requests into their own contracts. These contracts are responsible for matching the requesting contract up with the appropriate oracles. The contracts include a reputation contract, an order-matching contract, and an aggregating contract. The first of these, the reputation contract, is exactly as it sounds: it checks an oracle provider’s track record to verify its integrity. In turn, the order-matching contract logs the user contract’s service level agreement on the network and collects bids from responsible oracle providers. Finally, the aggregating contract accumulates the collective data of the chosen oracles and balances them to find the most accurate result. Unfortunately, the ChainLink team does not offer a roadmap, but a testnet of ChainLink’s services should come sometime within Q1 of 2018. Generally, the project’s general lack of marketing and concrete updates have frustrated community members in the past. Sergey Nazarov, the project’s CEO, is known for a quiet community presence that favors of behind-the-scenes work on ChainLink. The team may not hype their project much, but for what it’s worth, they sacrifice brand marketing in favor of product development–and some community members find this focus to be refreshing. For instance, they’ve established an oracle with Swift Bank, and have a few quiet partnerships with zepplin_os and Request Network. Chainlink has the potential to connect smart contracts with the outside world. It may allow parties to smart contracts to be able to receive external inputs that prove performance and create payment outputs that end users want to receive, such as bank payments. This has the potential to allow smart contract to mimic the vast majority of financial agreements currently available in the market. With the ChainLink Network, anyone can securely provide smart contracts with access to key external data and any other API capabilities, in exchange for financial reward. Although it remains to be seen how the incentive system will operate, there is potential for rewards similar to those available for crypto miners to be available to Node Operators that provide useful data to the Chainlink network.' Check out CoinBureau for the complete review on Chainlink.

SOURCE: COINGECKO

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