Image mining on the blockchain, a new horizon

Blockchain is great at decentralizing control and data. It creates communities, as people must contribute to the ecosystem in some form to give the data value. This value can derive from maintaining the ledger, providing a resource, or contributing data. New industries are being tested with this technology, but it is the computer vision and machine learning industry that needs to embrace blockchain.

For instance, when creating augmented reality applications, a massive amount of data is needed to make it accurate and efficient. However, this takes a lot of time and can slow the project down.

Lampix augmenting a paper drawing and sharing it for collaboration

Lampix is Introducing Blockchain Image Mining to the Computer Vision and Machine Learning World

Lampix plans on using the power of blockchain to create one of the largest image database with the help of machine learning. Developers will be able to tap into this database for their own product, such as Google Glass, Holo Lens, or our Lampix product, and create applications. This is exciting, as for any application, a lot of data is necessary to make it accurate and work properly. The database will consist of over a billion datasets contributed by image miners, who are compensated with PIX tokens for submitting datasets.

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