• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Lumoz Overcomes Centralization, Cost, and Privacy Issues in AI

user avatar

by Giorgi Kostiuk

8 months ago


Artificial Intelligence (AI) is rapidly becoming a part of every human aspect, but its progress faces challenges of centralization, cost, and data privacy. Lumoz presents an innovative solution by integrating blockchain with distributed computing networks.

The 'Impossible Triangle' of the AI Industry

Current AI services rely heavily on centralized servers, susceptible to hardware failures, cyberattacks, and policy restrictions. In 2023, a major outage of a leading AI platform disrupted operations worldwide, exposing the critical vulnerability of centralized AI. High computing costs create barriers for small developers and regular users, limiting innovation in AI. Meanwhile, sensitive user data is always at risk of misuse or breaches.

Lumoz's Solution: Blockchain and Distributed Networks

As a pioneer in decentralized AI infrastructure, Lumoz has built a flexible computing network of thousands of nodes utilizing blockchain for transparent resource management. This ensures: AI services with no downtime, significant cost reductions through a shared economy model, and returning data control to users.

Ecosystem Empowerment and the Future of AI

Lumoz has successfully deployed the deepseek model, proving the feasibility of its network. Over 80% of inference requests are processed in less than 3 seconds. The company plans to open protocols for developer integration, creating a decentralized AI app marketplace.

Lumoz's solutions overcome major barriers in the AI industry, offering a sustainable, affordable, and private environment for users and developers alike.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Ampleforth Launches SPOT: A Revolutionary Stablecoin

chest

Ampleforth has launched SPOT, a new stablecoin designed to provide inflation protection and yield through market mechanics.

user avatarAyman Ben Youssef

Jito Labs Pushes for Regulatory Clarity on Liquid Staking

chest

Jito Labs is advocating for clearer regulations on liquid staking, urging the SEC to allow it in proposed Solana ETPs.

user avatarTando Nkube

Stagflation Risks Could Affect Crypto Market

chest

Concerns over stagflation may create uncertainty in the crypto market despite potential Fed rate cuts.

user avatarKofi Adjeman

Ripple Partners with Absa Bank for Crypto Custody

chest

Ripple has partnered with Absa Bank in South Africa to introduce institutional-grade crypto custody services.

user avatarNguyen Van Long

Polymarket's New Feature Enhances User Experience with Wallet Integration and Yield Rewards

chest

Polymarket enhances its platform with MetaMask integration and offers yield rewards, appealing to users amid rising institutional interest.

user avatarJesper Sørensen

Polymarket Expands into Traditional Finance with New Betting Feature

chest

Polymarket has introduced a new feature that allows users to bet on stock and index movements, marking its expansion into traditional finance.

user avatarSatoshi Nakamura

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.