Cortex is a decentralized Artificial Intelligence (AI) system that operates autonomously. The goal is to enable the use of AI for contracts with the help of blockchain technology. At present, it is not possible to run complex calculations on an entire node using traditional Ethereum Virtual Machine (EVM) because the computational load is too high for CPU. Cortex VM addresses this issue by allowing the execution of inferential instructions on GPU or FPGA. The team ensures the conversion of models between different frameworks such as TensorFlow or MXNet and will also charge fees for using these instruction sets on GPU/FPGA. The team will also offer a wide range of high-quality models.
This project is led by a group of experts with years of experience in the blockchain industry. The technical team and advisory group are experts in blockchain and machine learning and are considered some of the best in the field. The team reevaluates and redefines the question of what could be strong support for currency while implementing truly "smart" contracts.
Thus, Cortex Blockchain is a public chain that features the integration of artificial intelligence algorithms. It is a platform that allows AI developers to upload their models to the chain and implement them into smart contracts. Cortex also runs on its own virtual machine called Cortex Virtual Machine (CVM). In addition to being compatible with EVM, it also has AI inference capabilities in-chain.
Integration of AI
Cortex has its own AI inference engine called Synapse, which ensures that similar results are achieved in different computer settings. This allows for deterministic AI inference in-chain without using external solutions. Moreover, Cortex also has machine learning capabilities, and developers can utilize Solidity language and AI models to develop AI-enhanced dApps.
AI Smart Contracts and their dApps
Cortex provides the ability to add machine learning to smart contracts and decentralized applications (DApps) to make them adaptable to real-world needs and requirements. Developers can take advantage of the popular Solidity language and standard artificial intelligence models available within the Cortex platform to create DApps and smart contracts that will incorporate artificial intelligence.
DApps with machine learning could be useful in many industries, such as finance, healthcare, logistics, retail, and more. They could help in decision-making and data analysis, personalization and targeting of ads, search and recommendation, problem-solving, and so on. These applications could also utilize more accurate and faster AI models, which could bring significant improvements and time and cost savings compared to traditional methods.
Significance for the Blockchain Ecosystem
Cortex is essential for the blockchain ecosystem due to its innovative integration of AI and machine learning capabilities. Before this chain, there was no solution that could effectively run AI models in-chain. Now, dApps can take advantage of on-chain inference, fulfilling the goal of smart contracts.
The price of CTXC tokens at the time of writing this article is $0.22. The current price can be found here.