AI Computing Network Morphware Gets Support From Harmony

Synthetic intelligence and blockchain know-how make for a strong mixture. Morphware, a number one peer-to-peer supplier of mining computing energy for AI functions, enters a strategic partnership with Concord. 

A New Partnership For Morphware

There may be super curiosity in combining the potential of synthetic intelligence and blockchain know-how. Moderately than counting on centralized and closed-loop techniques, a blockchain will help an AI develop, evolve, and turn out to be smarter. Nonetheless, the analysis into synthetic intelligence may be very pc resource-intensive, with prices rising exponentially each few months. That could be a problematic endeavor that warrants a outstanding answer. 

Morphware provides an answer to this urgent downside. The venture embraces peer-to-peer know-how to deploy AI workloads by sensible contracts. The computing energy used to mine cryptocurrency can be utilized for AI computations, fueling additional synthetic intelligence analysis and growth. As well as, the Morphware know-how stack runs on the Ethereum blockchain, though that community may be topic to excessive charges.

Morpware has partnered with Harmoney, a third-generation blockchain community, to counter that situation. Concord has made a reputation for itself in decentralized finance, and the staff is keen to discover different alternatives. Furthermore, Concord Community is EVM-compatible and ultra-scalable, two key points that make deploying Morphware on this community useful. Because of this, the builders don’t want to change the code to offer the identical service and faucet into the upper effectivity Harmoney can obtain. 

Furthermore, Morphware goals to offer a viable different to the GPU-based mining energy that can quickly cease being helpful to Ethereum. Ethereum will swap to Proof-of-Stake, negating the necessity for GPU mining. Thousands and thousands of units will now not be helpful, forcing customers to search out different options. Devoting that energy to AI workloads is an answer, as that subject all the time wants extra computing assets. 

Additional Decentralization Is Essential

Increasing to Harmony additionally ensures Morphware can turn out to be extra decentralized. Working throughout a number of blockchains and networks offers extra customers entry to supporting the AI workload and creating wealth. Ethereum is the largest GPU mining community in the marketplace right this moment, however listed below are different individuals with highly effective GPUs they could not all the time use, like avid gamers, content material creators, and so on. Giving these customers entry to the Morphware answer can profit them and the general AI trade.

Furthermore, all AI workloads are decentralized, requiring sensible contract know-how to intermediate between consumers and sellers. As the general demand for Morphware’s answer rises, the community must scale. Concord gives that answer and expands Morphware’s record of suitable shopper platforms. 

Morphware Founder Kenso Trabing provides:

“We thank Concord for the help supplied as a part of Venture X. Deploying on Concord makes a variety of sense for us as a venture, since we profit enormously from decrease blockchain charges, whereas Concord’s tech and liquidity stack makes it extremely straightforward to deploy our platform over right here.”

Venture X is the partnership between Morphware and Concord. The incubation program from Concord was performed throughout ETHDenver 2022 and allowed the Concord staff to buy $200,000 price of Morphware tokens. Moreover, Kenso Trabing organised a workshop on the convention to focus on the ability of machine studying.