Fintech PR
nChain announces first implementation of Verifiable AI on Bitcoin
LONDON, Sept. 19, 2024 /PRNewswire/ — Leading experts at nChain have identified and successfully tested ways in which the output of an AI system can be verified using a blockchain. This can be used to ensure the model operates according to its specifications, is free of critical bugs, and adheres to ethical standards such as fairness, transparency, and safety. All without revealing proprietary information of the system – a major step in bringing trust and accountability to AI.
nChain successfully demonstrated verifiable AI inference (processing queries) on Bitcoin showing the relevant transactions on the original protocol Bitcoin, Bitcoin Satoshi Vision Blockchain (BSV Blockchain). The transactions can be found on mainnet with corresponding generation code on Github.
While this is a relatively new research area, and something nChain only recently started exploring, after having successfully implemented verifiable computation on Bitcoin the team challenged themselves to see if it could also apply this to machine learning.
“Training is computation. Inference is computation. If you can do verifiable computation, then you can do verifiable training or verifiable inference,” says Dr. Hamid Attar, lead AI Researcher at nChain.
The team trained a simple neural network on the MNIST dataset of images of hand-written digits. The model was then run on an input image, such as one provided by a user, and produced an output predicting which digit the input image represents. A cryptographic proof was generated to verify the output was indeed produced by running the model on the specified image while hiding all the information about the model. The proof was subsequently used to claim a small amount of bitcoin from the blockchain – in this case from the user. Here, Bitcoin not only provides a decentralised independent verification platform but also facilitates micro payment between a user and an AI model.
With verifiable computation approach, nChain can prove cryptographically that an AI model is trained on the claim dataset. For example, it can be proven that a generative AI model is trained on a dataset that is known to have no bias. More importantly, AI developers can prove that they did not tamper with the training dataset to train an AI model for malicious intentions. nChain can also prove that an output of an AI mode is obtained by running the specified AI model on the given input. For example, a piece of artwork can have a proof showing that it is generated by an AI model on a given prompt, or as a paid user you can be sure that you are getting answers from ChatGPT4 not the free versions.
nChain is proud to have successfully demonstrated verifiable inference on Bitcoin for the first time. The relevant transactions on the Bitcoin Satoshi Vision mainnet, and the code that generates them can be found on the zkScript GitHub repo.
About nChain :
nChain is a leading global blockchain technology company, offering software solutions, consulting services and IP licensing for clients in various industries looking to benefit from the security, transparency, and scalability of the blockchain. Founded in 2015, with offices in Lichtenstein, Switzerland, the UK and Slovenia, nChain employs more than 260 staff, and has a patent portfolio of over 3,900 patents and applications, of which over 1,090 have been granted. nChain is the developer of the Bitcoin SV Node software, Teranode, Lite Client and more.
Notes to Editors:
The main challenge is the fact that neural network works with floating points while zero-knowledge proof works with integers. Fortunately, back in 2017, Jacob et al. described an approach to quantise AI models without losing accuracy in an academic paper (https://openaccess.thecvf.com/content_cvpr_2018/papers/Jacob_Quantization_and_Training_CVPR_2018_paper.pdf). They needed this for migrating pre-trained AI models from powerful servers to less capable mobile devices. As part of the process, they convert floating points to integers to reduce the dimension of the model for efficiency. We managed to adapt the methodology to fit our purposes and maintain an accuracy above 90%. There are other techniques to quantise an AI model. For example, research groups such as ZAMA (link) are exploring quantisation-aware training where the model is trained with an awareness that the weights will be converted to integers later.
To hide the model weights, we used a hash function and turned them into private inputs. Only the hash value of the weights is published. The computation circuit combines the AI model computation and the hash function used to verify the model wights with respect to the hash value. For proof generation, we use arkworks (link). Both the verification key and the proof are formatted in JSON files and passed to our zkScript tool to create locking script and unlocking script respectively. You can find this example use case here: nchain-innovation/zkscript.
View original content:https://www.prnewswire.co.uk/news-releases/nchain-announces-first-implementation-of-verifiable-ai-on-bitcoin-302252983.html
BEIJING, Nov. 15, 2024 /PRNewswire/ — On November 14, 2024, ThunderSoft (Stock Code: 300496), a world leading OS and intelligent device products and technology provider, and HERE Technologies, the leading location data and technology platform, announced a strategic partnership to enhance collaboration in intelligent navigation and high-definition maps. The collaboration aims to support the efficient development of navigation systems, contributing to a more connected and intelligent mobility ecosystem.
The agreement will see both companies maximize their technical strengths and platform resources for comprehensive, multifaceted cooperation. ThunderSoft’s Aqua Drive OS will integrate HERE location data and services, including HERE SDK, HD Map and autonomous driving solutions. These AI-powered elements, create a foundation for developers worldwide to build intelligent system platforms. Additionally, the partnership will deliver tailored intelligent navigation solutions for international markets, addressing the diverse requirements of automotive manufacturers and consumers.
The companies will also collaborate to develop immersive and interactive 3D high-definition mapping solutions by combining HERE’s map data with ThunderSoft’s Kanzi Map engine, establishing a new benchmark in intelligent driving and navigation.
Deon Newman, Senior Vice President and General Manager of HERE Technologies said, “This strategic partnership with ThunderSoft represents a transformative step in delivering on the potential of AI and software-defined vehicles. By uniting our best-in-class location technology with ThunderSoft’s advanced system capabilities, we will together deliver greater insight and intelligence to every journey, empowering our clients to create richer, more personalized experiences for their customers worldwide.”
Hengshang Chang, Executive President and President of SmartVehicle Business Group of ThunderSoft, highlighted the strategic importance of the collaboration, “Our collaboration with HERE holds immense significance. By integrating HERE’s map data and location platform capabilities with ThunderSoft’s pioneering vehicle OS technology, we aim to develop more competitive, globally-oriented intelligent navigation systems for the automotive industry, enabling automakers to achieve accelerated growth.”
About HERE Technologies
HERE has been a pioneer in mapping and location technology for almost 40 years. Today, HERE’s location platform is recognized as the most complete in the industry, powering location-based products, services and custom maps for organizations and enterprises across the globe. Find out how HERE is moving the world forward at here.com.
About ThunderSoft
ThunderSoft, a well-known intelligent operating system products and technologies provider, has been continuously accumulating and innovating in the operating system field, with its business expanding gradually from smart phone to smart vehicle, AIOT and smart industries. Website: https://en.thundersoft.com
View original content:https://www.prnewswire.co.uk/news-releases/thundersoft-partners-with-here-technologies-to-enhance-intelligent-navigation-solutions-302307004.html
Plug and Play, a global accelerator platform and one of the most active early-stage investors globally, has announced a strategic partnership with Gujarat International Finance Tec-City (GIFT City). Through the partnership, Plug and Play will establish and run the International Fintech Innovation Hub (IFIH), GIFT City’s FinTech Incubator and Accelerator, which aims to foster research and innovation in financial technology, reinforcing GIFT City’s role as a premier global fintech hub.
GIFT City’s MD and Group CEO, Mr. Tapan Ray, said, “Our vision at GIFT City is to drive fintech innovation by creating a climate-resilient, inclusive ecosystem that empowers diverse entrepreneurs and builds workforce competitiveness in emerging technologies. With the support of prominent partners in fintech education and incubation, we are committed to nurturing a new generation of talent that will be well-equipped to meet the needs of an evolving global economy.”
Manav Narang, Head of Financial Services for Plug and Play APAC and Program Lead for the GIFT Incubator and Accelerator added, “We are thrilled to bring Plug and Play’s global expertise to GIFT City. Our vision is to create India’s largest industry-wide fintech program – a collaborative platform where banks, payments corporations, venture capital and corporate venture capital firms, accelerators, and ecosystem partners unite. Together, we aim to catalyze transformative fintech solutions and nurture fintech unicorns that will shape the future of finance in India.”
The program will support fintech startups with resources, mentorship, capital, and networking to navigate and excel globally in the dynamic fintech landscape. The first batch of startups will be unveiled in January 2025.
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Doo Group’s brokerage brand, Doo Financial is thrilled to announce its expansion into Indonesia by acquiring a reputable Indonesian broker to expand the business. This move brings its global investment services to local investors. Backed by the strength of Doo Group’s extensive international presence, cutting-edge technology, and 10 years of expertise, Doo Financial is well positioned to support investors at every level.
As a brand encompassing investment services offered by various legal entities within the Doo Group, Doo Financial provides a comprehensive range of global brokerage services. This wide range of products empowers investors to pursue their financial goals.
With a diversified portfolio, Doo Financial empowers investors to navigate various market conditions effectively, manage risks, and focus on long-term growth. This entry into the Indonesian market reflects Doo Financial’s commitment to supporting investors with flexible, high-quality investment options tailored to today’s dynamic financial landscape.
Supervision by International Regulatory Institutions to Ensure Top-Tier Safety
As a global leading finance group, Doo Group has licensed entities regulated by top regulatory authorities worldwide, ensuring a secure and reliable trading environment.
Our global credentials include licenses from the U.S. Securities and Exchange Commission (US SEC), the Financial Industry Regulatory Authority (US FINRA) in the U.S., the Financial Conduct Authority (UK FCA) in the UK, the Australian Securities and Investments Commission (ASIC), the Hong Kong Securities and Futures Commission (HK SFC), Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI) in Indonesia. These licenses enable us to provide secure and reliable financial services globally.
Dedication to Shape the Industry with Innovative Solutions
Doo Financial’s expansion into Indonesia brings advanced technology and a global perspective to empower local investors. As an international investment firm committed to secure and seamless trading, Doo Financial offers a diverse range of products and services to help diversify portfolios and open up new opportunities.
This growth elevates opportunities for Indonesian investors by offering seamless access to global markets and advanced trading platforms within a secure and regulated environment. It broadens investment choices and enhances the trading experience, aligning it with international standards and empowering local investors with comprehensive tools and resources for success.
Driven by unwavering commitment, this growth marks a significant milestone in Indonesia’s investment landscape, equipping our clients with the tools to navigate global markets. We remain dedicated to delivering exceptional service, exploring new opportunities, and driving future breakthroughs. With continued support from the FinTech community, we are excited to innovate and shape the future of finance.
Stay updated with the latest insights from Doo Financial. Join our community of empowered investors and let us be your trusted partner!
E-mail: [email protected]
The post Doo Financial Now in Indonesia: Offering Local Investors A Gateway to Global Markets appeared first on .
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