OpenLedger is a purpose-built blockchain network designed for artificial intelligence (AI). It solves the fairness and data privacy problems in traditional AI by creating a transparent, on-chain economy where data contributors and model creators are tracked and fairly compensated for their work.
Key Aspects of OpenLedger
Decentralized AI Economy:
OpenLedger aims to make AI more equitable by allowing individuals to earn rewards for contributing data, a departure from traditional models where large corporations dominate.
On-Chain Verification (Proof of Attribution): Every interaction—from data collection to model training—is recorded on the blockchain, making it transparent and traceable.
Key Components:
Datanets: Structures used to organize and contribute specialized datasets.
ModelFactory: A no-code platform for creating and training AI models using data from Datanets.
OpenLoRA: An engine that allows for the efficient deployment of multiple models on limited hardware.
Native Token (OPEN): The (OPEN) token is used for transaction fees, incentives, governance, staking, and accessing AI services
EVM-Compatible: The infrastructure follows Ethereum Virtual Machine (EVM) standards, allowing for compatibility with existing wallets and smart contracts.