Microsoft to Utilize Ethereum For Incentivizing Development of Machine Learning Models

Technology giant Microsoft will be using Ethereum Blockchain to incentivize those contributors, who contribute towards the development of the machine learning models. As per an official blog post, written by Senior Software Development Engineer at Microsoft, Justin Harris, the company, want to up its machine learning and Artificial Intelligence programs by a contribution from developers who currently face economic obstacles to contribute on a big scale.

To put it simple words, machine learning requires a large set of questions or queries to be answered in a structured manner. This process requires a large number of contributors, who generally charge per-query basis, which become expensive for the developers. Microsoft wants to incentivize developers in order to make them take as many queries as possible, which would, in turn, help the models to develop.

Blockchain adoption is particularly important for emerging techs like AI, Machine Learning, Internet of Things, etc., to build the next generation of global technological infrastructure. Harris said in the blog,

Blockchains easily let us share evolving model parameters. Newly created information such as new words, new movie titles, and new pictures can be used to update existing models hosted regardless of a specific person or organization’s ability to update and host the model themselves. To encourage people to contribute new data that will help maintain the model’s performance, we propose several incentive mechanisms: gamified, prediction market–based and ongoing self-assessment.

As it clearly shows, the company is all welcoming of blockchain tech in traditional space. However, despite the announcement of an incentive, the amount of incentive hasn’t been declared yet. Microsoft has been one of the forerunners of blockchain development globally, along with other major tech corporations like IBM, Intel, and TCS. Ethereum, on the other hand, is celebrating its fourth birthday today and is all set for the major 2.0 upgrade in January 2020.

Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

Related Articles

Back to top button
Bitcoin (BTC) $ 66,047.70
Ethereum (ETH) $ 3,555.06
Tether (USDT) $ 0.999761
BNB (BNB) $ 605.05
Solana (SOL) $ 144.39
XRP (XRP) $ 0.491851
Dogecoin (DOGE) $ 0.136235
Cardano (ADA) $ 0.412337