Human protocol introduces blockchain coordination layer for data contribution

Share This Post

Users receive rewards for contributing data on the Human Protocol, which can be used an initial-point of learning for algorithms.

On Thursday, decentralized infrastructure project Human Protocol said it was launching a new blockchain coordination layer to handle routing functionality among third-party vendors to power data contribution on the network. The feature, known as Routing Protocol, sits atop Human to enable the discovery of network generators, fee agreements, consensus job standards, proof of balance, and governance support for network upgrades.

The Human protocol started via an on-chain bot blocker called hCaptcha that would reward users for solving CAPTCHAs and gradually became a broader solution for tokenizing contribution. Human expects the community-developed, open-source Routing Protocol to simplify the steps of operating a network entity such as an Exchange Oracle. This stems from Routing Protocol’s ability to coordinate oracles, job exchanges, layer-one integrations for job listings, and workpool operators.

As an end goal, the Human network seeks to leverage the peer-to-peer consensus mechanism inherent in blockchain design to resolve automation tasks that cannot be performed without initial human assistance. One example of such a value proposition is in the realm of AI e-commerce marketing. Without an initial “training” data-set, a machine-learning algorithm cannot effectively suggest ads relevant to their shopping behavior to web users.

But by using the Human Protocol, network clients can post smart bounties for such consumer reviews and reward users for their input via the HMT token. The development team’s vision is to create a decentralized platform for rewarding data suppliers to those demanding it. It seeks to meet the objective of facilitating direct, globally-mapped connections at the intersection of workers, companies, and machine learning, all at scale.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Is Bitcoin Going to Crash After Hitting $100K?

The post Is Bitcoin Going to Crash After Hitting $100K appeared first on Coinpedia Fintech News Bitcoin has cleared major resistance levels at $70,000, $85,000, and $99,000 The exponential moving

Robert Kiyosaki Endorses Michael Saylor’s $13M Bitcoin Forecast — ‘I Believe He Is Right’

Robert Kiyosaki strongly endorsed Michael Saylor’s bitcoin strategy and his $13 million BTC forecast He urged investors to act, declaring, “Buy bitcoin today I am” Robert

Avalanche Soars 20% In 24 Hours – Analyst Reveals Next Price Target

Avalanche (AVAX) has made a significant move, breaking above a crucial resistance level and soaring over 20% in less than 24 hours This surge has reignited bullish sentiment among analysts and

Trump Picks ‘Most Pro-Crypto’ Treasury Secretary: Ripple CEO Declares Him the Perfect Choice

President-elect Donald Trump has picked Scott Bessent as the new Treasury Secretary Ripple’s CEO called him “the perfect pick” for advancing crypto and innovation ‘He Will

Meme Coin Showdown: Token Mill vs. Pump.fun in the Battle for Meme Coin Supremacy

While Pumpfun shattered records and set the standard for meme coin creation, it has glaring flaws Token Mill aims to fix these problems, and add additional functionality This piece is a guest post by

Chainlink Rockets 20%: Whale Activity Sparks Break From Bear Trend

Chainlink (LINK) is experiencing significant growth in the cryptocurrency sector, with a 20% increase in value in just one week and a potential change in its long-term trajectory Related Reading: XRP