• 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

a year 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.

chest

Other news

Michael Saylor's Firm Approaches Major Bitcoin Milestone

chest

Michael Saylor's firm is nearing its 100th Bitcoin purchase, continuing a strategy that has been in place since 2020.

user avatarBayarjavkhlan Ganbaatar

Ethereum Set for Major Transformation with New Upgrade

chest

Ethereum's founder, Vitalik Buterin, has announced a new upgrade called Cypherpunk Ethereum, aimed at enhancing privacy and decentralization, with potential long-term growth for the network.

user avatarMohamed Farouk

Bitcoin Price Faces Critical Support Level Amid Bear Market

chest

Bitcoin's price is currently at a critical juncture, hovering around 65K, with predictions of potential further declines if it breaks below 60K.

user avatarElias Mukuru

Bitcoin's Market Outlook and Potential for Recovery

chest

Market commentators discuss Bitcoin's potential for recovery amidst current market conditions.

user avatarKenji Takahashi

Bitcoin's Growing Connection with the Software Sector

chest

Bitcoin has increasingly aligned with the software and technology sector, impacting its role in global finance.

user avatarDiego Alvarez

Mysterious Laurore Ltd Takes $436 Million Position in BlackRock's Bitcoin ETF

chest

A little-known offshore entity, Laurore Ltd, has disclosed a significant investment in BlackRock's Bitcoin ETF, raising questions about its origins and intentions.

user avatarMaria Fernandez

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.