The conversation about Artificial Intelligence is changing fast. People are not just amazed by what Artificial Intelligence can do they are also worried about who owns Artificial Intelligence. Now the Artificial Intelligence industry has a big problem. Big companies own the computers and the data and regular internet users give them data for free without getting any money. This is not fair. Decentralized technology can fix this problem. By using blockchain and letting people control their data @OpenLedger is making a digital economy that is much fairer. In this economy people who contribute data are treated like partners, not sources of data.

At its core the project is building computers that are good at handling Artificial Intelligence work. Of using big secret data centers that take data from the internet without permission the platform is creating special communities called Datanets. These are places where people can upload organize and improve data that Artificial Intelligence models need to be smart. This way teams can build tools using the platforms Model Factory and launch them directly on the blockchain. It makes it easier for independent developers to build Artificial Intelligence applications without needing a lot of money from big companies.

What makes this approach really new and exciting is its special Proof of Attribution mechanism. In Artificial Intelligence models when you give them your data it gets lost in the system and you cannot track what happens to it. This protocol solves that problem by keeping a record of everything that happens with the Artificial Intelligence model on a blockchain. It shows exactly which data points were used to make the models decisions, which makes the Artificial Intelligence model more transparent and trustworthy. Importantly this tracking system creates a direct link between the quality of the data and the rewards people get which makes the system fair for everyone involved in Web3.

The main reason this decentralized economy works is the $OPEN token. It is the token of the blockchain and it powers every interaction in the ecosystem. When people give high-quality data that helps an Artificial Intelligence model work better they get rewards in $OPEN tokens through the Proof of Attribution system. On the hand developers and companies use the token to pay for using the network to buy data from specific Datanets and to pay for running Artificial Intelligence models. It connects data providers, node operators and Artificial Intelligence users in an economy.

As Web3 and machine learning get more advanced the need for verifiable data will increase a lot. The platform provides an alternative to big companies controlling everything and it makes sure that the future of Artificial Intelligence is collaborative open-source and fair for everyone. Whether you want to build a dApp or just want to be part of the next big thing in Web3 it is a good idea to keep an eye, on this ecosystem. Stay updated with their news and join the conversation by following #OpenLedger .

Note: cryptocurrency is a risky market everyone should make there own research. According to my research #openledger is making its own way of his top with$OPEN coin.