{"id":11070,"date":"2023-07-16T10:35:40","date_gmt":"2023-07-16T10:35:40","guid":{"rendered":"https:\/\/www.bitnovo.com\/blog\/?p=11070"},"modified":"2022-05-18T05:37:45","modified_gmt":"2022-05-18T05:37:45","slug":"what-is-singularitynet-agix","status":"publish","type":"post","link":"https:\/\/www.bitnovo.com\/blog\/en\/what-is-singularitynet-agix","title":{"rendered":"What is SingularityNET (AGIX)?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Alternar tabla de contenidos\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-singularitynet-agix\/#history_of_singularitynet\" >History of SingularityNET<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-singularitynet-agix\/#singularitynet_objectives\" >SingularityNET Objectives<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-singularitynet-agix\/#how_does_singularitynet_work\" >How does SingularityNET work?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-singularitynet-agix\/#singularitynet_daemon\" >SingularityNET Daemon<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-singularitynet-agix\/#singularitynet_registry\" >SingularityNET Registry<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-singularitynet-agix\/#marketplace_for_ai\" >MarketPlace for AI<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-singularitynet-agix\/#what_is_agix\" >What is AGIX?<\/a><\/li><\/ul><\/nav><\/div>\n<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 4<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span><p>The world of cryptocurrencies is full of interesting projects and it never hurts to know about them. Today we bring you one of them,\u00a0<strong>SingularityNET<\/strong>. In this post we tell you all about what it is and how it works.<\/p>\n<p>SingularityNET is a\u00a0<strong>project<\/strong>\u00a0that is focused on linking the blockchain world to the world of\u00a0<strong>Artificial Intelligence or AI<\/strong>. The main objective is to develop an AI solution built entirely on a decentralized platform with global access. This project seeks to be able to unite AI and\u00a0<strong>coordinate<\/strong>\u00a0them so that all these elements work together.<\/p>\n<p>All these objectives lead to the same point, to develop a framework of interoperability between the different Artificial Intelligences, so that they can\u00a0<strong>exchange information and complement each other.<\/strong><\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"history_of_singularitynet\"><\/span><strong>History of SingularityNET<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The SingularityNET project has a large development team. This team consists mostly of scientists, developers, researchers and artificial intelligence engineers.<\/p>\n<p>SingularityNET was founded by<strong>\u00a0Dr. Ben Goertzel<\/strong>\u00a0who is currently the executive director and chief scientist of the project. Other developers include\u00a0<strong>Simone Giacomelli and Dr. David Hanson.<\/strong><\/p>\n<p>Ben Goertzel is a well-known figure in the artificial intelligence and robotic intelligence industry. He has a long and distinguished history of working in advanced technology companies such as\u00a0<strong>Hanson Robotics and the OpenCog Foundation<\/strong>. Ben also serves as Chief Scientist at\u00a0<strong>Mozi Health<\/strong>\u00a0and as Vice President of Humanity+.<\/p>\n<p>Simone Giacomelli on the other hand is also an entrepreneur and investor who previously worked at the crypto consulting firm called\u00a0<strong>Cryptodex<\/strong>. Simone left the SingularityNET project in March 2019 and is currently working at the Vulpem technology R&amp;D lab. The said\u00a0<strong>lab<\/strong>\u00a0was founded by her in\u00a0<strong>2015<\/strong>.<\/p>\n<p>Finally we have the third co-founder of the project,\u00a0<strong>Dr. David Hanson<\/strong>\u00a0who has a long and varied history in the robotics industry. He worked for Disney between\u00a0<strong>1998 and 2001<\/strong>\u00a0and later founded several robotics startups. These include\u00a0<strong>Human Emulation Robotics, Initiative for Awakening Machines or Hanson Robotics during the last 20 years.<\/strong><\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div id=\"image_671662277\" class=\"img has-hover x md-x lg-x y md-y lg-y\">\n<div class=\"img-inner dark\"><img fetchpriority=\"high\" decoding=\"async\" class=\"attachment-large size-large lazyloaded\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/02\/SingularityNET2.jpg\" sizes=\"(max-width: 768px) 100vw, 768px\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/02\/SingularityNET2.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/02\/SingularityNET2-300x205.jpg 300w\" alt=\"SingularityNET\" width=\"768\" height=\"526\" data-srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/02\/SingularityNET2.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/02\/SingularityNET2-300x205.jpg 300w\" data-src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/02\/SingularityNET2.jpg\" data-sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n<\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"singularitynet_objectives\"><\/span><strong>SingularityNET Objectives<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The SingularityNET platform aims to develop a decentralized network of AI services, thus creating the new concept of \u201c<strong>AI-as-a-Service (AIaaS)<\/strong>\u201d or \u201cAI as a Service\u201d. It thus enables the development of an AI (Artificial Intelligence) market that is<strong>\u00a0accessible and regulated<\/strong>. This entire system is based on the Ethereum network, where the decentralized logic of the system is deployed through its powerful\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-a-smart-contract\/\">smart contracts<\/a>.<\/p>\n<p>The decision to use Ethereum was made due to both conceptual and practical issues. The first reason was its\u00a0<strong>reliability<\/strong>\u00a0characteristics. On the other hand, the speed in<strong>\u00a0block validation<\/strong>\u00a0times.<\/p>\n<p>For this reason,\u00a0<strong>SingularityNET<\/strong>\u00a0tools seek to separate and reduce all blockchain interactions. It should be noted that both the daemon or \u201cdaemon\u201d and the CLI (Command Line Interface) and<strong>\u00a0SDK (Software Developer Kit) of the ecosystem<\/strong>\u00a0offer tools for this, thus allowing access to network resources by making use of<strong>\u00a0multiparty escrow contracts and unidirectional atomic channels oriented to payments.<\/strong>\u00a0In other words, this whole system seeks to make the use of the network more economical without overloading the\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-ethereum-eth-and-how-does-it-work\/\">Ethereum<\/a>\u00a0system.<\/p>\n<p>In addition, the use of the Ethereum network also allows us to have tools to facilitate the integration of decentralized systems such as IPFS and<strong>\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-a-peer-to-peer-network\/\">P2P<\/a>\u00a0computing<\/strong>. In this way, the SingularityNET platform achieves greater abstraction with a single flexible tool that in turn helps the network provide\u00a0<strong>scalability, robustness, distribution and management features.<\/strong><\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"how_does_singularitynet_work\"><\/span><strong>How does SingularityNET work?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The functioning of SingularityNET is not only that of a blockchain, but it also brings together various\u00a0<strong>elements<\/strong>\u00a0of a project with the aim of developing a\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-blockchain-and-how-does-it-work\/\">blockchain<\/a>\u00a0network that supports the development of Artificial Intelligence services. Below we will see the elements\u00a0<strong>that make its operation possible:<\/strong><\/p>\n<h3><span class=\"ez-toc-section\" id=\"singularitynet_daemon\"><\/span>SingularityNET Daemon<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The SingularityNET\u00a0<strong>daemon<\/strong>\u00a0is the adapter that a service can use to interact with the SingularityNET platform. Speaking in a more computer science language, it is a\u00a0<strong>proxy<\/strong>, that is, a deployed process attached to a main application (which would be the AI, in this case) to achieve the abstraction of some architectural concerns such as\u00a0<strong>registration and configuration<\/strong>, as well as certain complete aspects of the project, such as the interaction with\u00a0<strong>smart contracts<\/strong>\u00a0or even the idea of using the Ethereum blockchain.<\/p>\n<p>The Daemon\u00a0<strong>abstraction<\/strong>\u00a0has two main responsibilities. These are payments and application translation. For payment authorization, Daemon interacts with the\u00a0<strong>multiparty escrow<\/strong>\u00a0contract.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"singularitynet_registry\"><\/span>SingularityNET Registry<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>The SingularityNET Registry<\/strong>\u00a0is an ERC-165 compliant\u00a0<strong>smart contract<\/strong>\u00a0on the Ethereum blockchain that stores organizations, services and type repositories. AI developers employ the Registry to be able to advertise the details of their services, and consumers employ the Registry to find the services they need. When a user requests a service from the Marketplace\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-a-dapp\/\"><strong>DApp<\/strong><\/a>\u00a0(Decentralized Application), the\u00a0<strong>DApp<\/strong>\u00a0reads the details of the services from the Registry. The Registry also allows\u00a0<strong>tagging of services and type to enable searching and filtering.<\/strong><\/p>\n<h3><span class=\"ez-toc-section\" id=\"marketplace_for_ai\"><\/span>MarketPlace for AI<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>This system includes a SingularityNET Marketplace\u00a0<strong>DApp<\/strong>. This DApp functions as<strong>\u00a0an entry point<\/strong>\u00a0to discover and employ AI services in SingularityNET. Such DApp is responsible for reading the data from the blockchain Registry and matches it with the metadata of the chain. In this way it enables other services such as integrating SingularityNET\u2019s curation service, allows AI services to display custom<strong>\u00a0UI components<\/strong>\u00a0or allowing consumers to rate the services they have used, among others.<\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div id=\"image_877153609\" class=\"img has-hover x md-x lg-x y md-y lg-y\">\n<div class=\"img-inner dark\"><img decoding=\"async\" class=\"attachment-large size-large lazyloaded\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/02\/SingularityNET.jpg\" sizes=\"(max-width: 768px) 100vw, 768px\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/02\/SingularityNET.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/02\/SingularityNET-300x205.jpg 300w\" alt=\"SingularityNET\" width=\"768\" height=\"526\" data-srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/02\/SingularityNET.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/02\/SingularityNET-300x205.jpg 300w\" data-src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/02\/SingularityNET.jpg\" data-sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n<\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"what_is_agix\"><\/span><strong>What is AGIX?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As in most projects, SingilarityNET has its\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/security-token-and-utility-token-whats-the-difference\/\">utility token<\/a>. AGIX is\u00a0<strong>the project\u2019s native token<\/strong>. This token was developed to monetize and mobilize value by making use of and\u00a0<strong>providing AI services<\/strong>. This is possible due to its globally\u00a0<strong>accessible AI marketplace.\u00a0<\/strong><\/p>\n<p>Through SingularityNET\u2019s Marketplace, users have the ability to search, test and purchase a wide variety of AI services via the AGIX token. The SingularityNET Marketplace functions as an\u00a0<strong>outlet<\/strong>\u00a0that AI developers can employ to publish and sell their AI tools, while easily tracking their performance. It should be noted that the maximum supply of tokens is limited to\u00a0<strong>1,000,000,000,000 AGIX.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 4<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span>The world of cryptocurrencies is full of interesting projects and it never hurts to know about them. Today we bring you one of them,\u00a0SingularityNET. In this post we tell you all about what it is and how it works. SingularityNET is a\u00a0project\u00a0that is focused on linking the blockchain world to the world of\u00a0Artificial Intelligence or [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7196,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11070","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-criptomonedas"],"_links":{"self":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/11070","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/comments?post=11070"}],"version-history":[{"count":0,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/11070\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media\/7196"}],"wp:attachment":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media?parent=11070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/categories?post=11070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/tags?post=11070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}