BOTTOS: DataMarket Data Sharing Network Protocol & AI Ecosystem?

BOTTOS, found online at Bottos.org, is a decentralized AI data sharing network. Find out how it works today in our review.

What is BOTTOS?

BOTTOS is a decentralized data sharing network protocol based on blockchain technology. The platform also works as a consensus-based, one-stop platform to implement the registration, distribution, and transformation of data among different participants within the board-based AI ecosystem. The goal of the platform is to build and become the largest global data sharing network. It will push the AI ecosystem forward using smart data contracts on a blockchain infrastructure.

Overall, Bottos wants to help people capitalize on their data assets through clear ownership and better data privacy control. These features will be achieved through a transparent and democratic mechanism.

The ecosystem revolves around the use of BTO tokens. A token generation event (TGE) for BTO tokens took place in December 2017. You can use BTO tokens to pay service fees to Bottos and for decentralized apps (DApps) that use Bottos data.

In layman’s terms, Bottos is a decentralized marketplace where users can buy and sell data. That data can be used to develop complex AI systems. If you own data, then you can sell that data to the marketplace and receive a fair price. If you need data, you can buy data from the marketplace.

The end result is that Bottos will push forward the AI ecosystem, making it easier for everyone to participate in the artificial intelligence economy.

What Problems Does Bottos Seek to Solve?

Bottos seeks to solve a number of serious problems with the AI development community and data sharing ecosystem.

Overall, Bottos seeks to solve the problem of acquiring high quality big data for model training. Today, this data is in the hands of a few centralized corporations. These corporations have the resources to purchase large amounts of data. This leads to a concentration of AI power in the hands of a select few. Smaller companies cannot compete, while larger companies can.

Some of the goals of the project include:

• To build the world’s most efficient data sharing network, DataMarket, with a proprietary pricing mechanism for data
• To build an AI model sharing network called ModelMarket that facilitates effective management of the AI development cycle
• To implement a hardware sharing network to streamline AI product registration and communication

These services could be used by a number of different industries, including big data, artificial intelligence, robots, internet of things (IoT), and VR/AR.

How Does Bottos Work?

Bottos is a global data sharing network that uses smart data contracts and data mining on a blockchain infrastructure to help people capitalize data assets with clear ownership and better control in data privacy through a transparent and democratic mechanism.

The ecosystem consists of three separate parts, including:

DataMarket:

An efficient data sharing network that has a proprietary pricing mechanism for data.

ModelMarket:

An efficient model sharing network to facilitate the effective management of the AI development cycle.

Hardware Sharing Network:

A hardware sharing network to streamline AI product registration and communication.

Uses for Bottos

Some of the use cases for Bottos include all of the following:

Artificial Intelligence (AI):

Bottos can be used to create a healthy and efficient AI data ecosystem, where all parties are able to access and acquire high-quality massive data.

Speech Recognition:

Speech recognition algorithms require large volumes of voice data to improve their natural language processing. Today’s algorithms are great at recognizing specific commands, but they’re not ideal at processing commands the way humans usually talk. That’s where the Bottos AI data marketplace could play an important role.

Semantic Identification:

Semantic identification algorithms need a large volume of language data for processing.

Computer Vision (Computer Graphic Processing):

The Bottos whitepaper claims that the current bottleneck in computer vision development is image quality and light environment. The existing image recognition technique has difficulty processing incomplete, overexposed, or underexposed images. Algorithms can’t be improved without large volumes of high quality data. That’s where Bottos can help.

Robots:

Bottos can be used to enhance the development of AI-powered robots.

Internet of Things (IoT):

Bottos could be used to exchange data between smart devices. Bottos could be used to facilitate secure, traceable data sharing, or to register smart devices.

Other Use Cases:

Other proposed use cases for Bottos include as a platform for users to register personal data or institutional data as intellectual property. Data can be structured through this system, or unstructured files, images, audio and video files can serve research or transaction purposes from industries like finance, healthcare, industry, etc.

The Bottos Crowdsale

The Bottos crowdsale for BTO tokens took place in December 2017.

Of the total supply of tokens, 12% is allocated to the operating team, 37% to the community and foundation, 36% to the public through the crowdsale, and 15% to private placement. The BTO tokens will be used to pay certain service fees to use Bottos and its DApps.

Who’s Behind BOTTOS?

Bottos is led by Tingting Wang, a serial entrepreneur and co-founder of Bottos. Prior to launching Bottos, Tingting Wang was the Chief Marketing Officer of NEO. The company is also led by Xin Song, co-founder and CEO. Xin Song has 13 years of high tech investment experience, and previously served as the head of Droege Group China, a Europe-based investment firm.

The third Bottos co-founder is Chao Wang, CTO, who has 14 years of product development experience. The team launched the Bottos project in November 2016, with a demo and whitepaper released in July 2017.

BOTTOS Conclusion

Bottos is a blockchain-based ecosystem for big data sharing. The goal is to create a marketplace for the future of AI algorithm development. The ecosystem revolves around the use of BTO tokens, which are used to pay service fees for Bottos and its decentralized apps.

To learn more about the project, visit online today at Bottos.org.