Cortex (CTXC) is a decentralized AI platform built on blockchain with the aim of creating a public blockchain platform. Cortex allows the use of AI algorithms to support smart contracts, which means it can also use CTXC to add AI to smart contracts. In addition, Cortex also creates an incentive mechanism for collective cooperation, allowing everyone to customize if there are errors and optimize models in Cortex. They will receive certain rewards for contributing to the platform. All of the above work is intended to help CTXC deliver the most advanced AI models on blockchain.
Features of Cortex
Smart AI contract: Cortex allows users to write AI-related programs on the blockchain, then send the program to other smart contracts once it is confirmed.
Cortex virtual machine: Cortex has its own virtual machine called the CTXC Virtual Machine (CVM). CVM’s language is fully compatible with the ETH Virtual Machine (EVM) and supports knowledgebase for inference.
Cortex Inference Consensus: When a user initiates a transaction using a contract, all nodes in the platform need to execute the smart contract code. A CTXC smart contract is different from a regular smart contract because a CTXC “smart contract” can be equipped with knowledge to infer a certain outcome. And then, all the nodes need to agree with the result of this inference. This creates consensus.
Framework recommendation model: Cortex also provides a recommendation interface to familiarize yourself with the off-chain solution, including recommendations to virtual machines, to explain instructions for models. This creates a bridge between computing and algorithm providers, enabling transactions and collaboration between participants in the Cortex ecosystem.
Cortex intelligent inference framework: Machine learning researchers around the world can upload corresponding, well-trained data models on the CTXC storage layer. The users who need these AI models can then infer using the models, then pay the providers.
Cortex is headquartered in Singapore. The development team consists of many talented people in many different fields. Key members of the project include:
Ziqi Chen (CEO): Chen is the co-founder of Waterhole.io with a bachelor’s degree from Tsinghua University in Civil Engineering, and two master’s degrees in engineering, one in Civil engineering and the other in machine learning.
Weiyang Wang (CTO): has a wealth of experience. Wang won first prize in Fintech Hackathon, Dorahacks 2017, and holds a Master’s degree from the Department of Statistics at the University of Chicago, and a bachelor’s degree in Economics and Aerospace Engineering from Tshinghua University.
Yang Yang (Lead Blockchain Engineer): Yang is the co-founder of Waterhole.io. He graduated from Tsinghua University majoring in Computer Science.
The other members of the team are Xiao Yan, Amy Chen, Wentao Tian, etc.
CTXC is a cryptocurrency and works on the Ethereum platform with the mission of providing modern machine learning models on the blockchain in which users can infer using smart contracts on the CTXC blockchain. It allows users to write machine learning programs on the blockchain and send interactions that depend on other contracts. CTXC differs from regular smart contracts in that it can include inference instructions, and then all nodes need to agree to the inferred result.
You can see the price of CTXC here.
According to AZCoin News
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