We are excited to announce the official launch of the commercial version of OORT DataHub, a revolutionary platform that will revolutionize the way data is collected and labeled for AI model training. This important milestone is a key step in the development of the OORT ecosystem and the decentralized AI space. Starting December 11th, OORT DataHub will be fully open for business, providing enterprises, developers, and researchers with a trusted decentralized solution for data collection on a global scale.

DataHub: A Key Component of the OORT Ecosystem

OORT DataHub is Oortech’s second decentralized AI solution after Edge Device, the node of its distributed storage solution, OORT Storage. Both products serve as the foundation of the OORT ecosystem, driving the advancement of blockchain-based AI solutions.

“Trusted, traceable data will be the bottleneck in the next phase of AI competition, and the OORT DataHub is built to solve this problem,” said Dr. Max Li, Professor at Columbia University and Founder and CEO of Oortech.

A New Era of Data and AI

OORT DataHub is a decentralized platform that provides developers, enterprises and researchers with innovative tools for large-scale data collection and annotation. By leveraging the decentralized infrastructure of the OORT ecosystem, the platform promotes data transparency, user privacy and secure collaboration on a global scale.

Core features and benefits of OORT DataHub:

● Decentralized data collection: eliminating the middleman for a more secure, transparent and user-controlled data collection process.
● Global Participation, Reduced Costs: Supporting organizations and individuals around the world to participate in data collection, generating diverse and representative datasets.
● Promote the development of trustworthy AI: Blockchain integration improves data integrity, reduces the risk of manipulation, and promotes the construction of an ethical, socially responsible AI ecosystem.

What’s Next for OORT

As we continue to move towards the full realization of a decentralized AI ecosystem with the commercialization of OORT DataHub, OORT will be launching the OORT DataHub Mini App in a few days, which will seamlessly integrate with Telegram’s Mini App platform.

Through the Mini App:

● Allow users to easily contribute data and participate in decentralized data collection in Telegram.
● Leverage Telegram’s global user base to expand the OORT ecosystem and increase user engagement.
● Provide an easy, user-friendly interface for new and existing contributors to promote adoption and collaboration.

By combining the power of the OORT DataHub and Mini App, OORT will open up new opportunities to expand its vision of decentralized AI, inviting a broader audience to join the movement of credible and ethical AI innovation.

Shape the future with us

The launch of the commercial version of OORT DataHub opens a new chapter in decentralized AI. We welcome customers, developers and partners to join us in exploring this groundbreaking platform for data-driven AI innovation.

Join us in driving the future of trusted, transparent and decentralized AI!

To learn more, visit the OORT DataHub.

Stay tuned for updates as we continue to expand the OORT ecosystem and revolutionize the AI world.

About OORT

OORT is a pioneer in the era of decentralized AI, building a trusted decentralized infrastructure for the AI era. Based on the Olympus protocol, OORT offers three major decentralized AI products for enterprise and individual customers: OORT Storage, OORT Data Center (B2C, B2B), and soon OORT Compute.OORT has raised $10M in funding.

Media Contact

Organization: OORT Ltd

Contact Person: Ruby Brown

Website: https://www.oortech.com/

Email: Send Email

Country: United States

Release Id: 12122421285

The post OORT DataHub Business Edition Goes Live: Pioneering the Future of Decentralized AI appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

Chicago, Illinois, United States, 12th Dec 2024 – Today, most companies are struggling with their data. There’s more data than ever before, but it’s messy. It’s scattered across departments, full of errors, and hard to use. Beyond Key, a global leader in IT consulting and software development, wants to solve this problem. 

Their Data Management Consulting Services are designed to help businesses organize their data better. These services fix broken systems, clean up data, and create a structure where data is easy to find, use, and trust. 

By 2025, the world’s data creation is expected to exceed 180 zettabytes. That’s a massive amount of information. But according to Gartner, poor data quality alone costs businesses a staggering $15 million per year. Beyond Key’s services aim to stop this waste and help companies unlock the power of their data. 

The Problem: Why Do Companies Need Help With Data? 

Most companies operate in data silos. Marketing has its data. Finance has its own numbers. Operations? Something else entirely. These pieces don’t connect, and this creates blind spots. 

Without a connected system, it’s hard for businesses to get a full picture of what’s happening. Decisions are slower. Opportunities are missed. 

And then there’s bad data. It’s incomplete. It’s duplicated. It’s full of errors. Without a proper system to manage it, bad data spreads like a virus. On top of this, companies often don’t follow important rules like GDPR or HIPAA. This creates compliance risks and security problems. 

How Beyond Key Fixes These Issues 

Beyond Key follows a four-step approach to help companies manage their data. Their process is clear, personalized, and built for long-term success. 

Discovery and Audit 

First, they analyze your data system. Where is the data stored? What’s working? What’s broken? They look for hidden opportunities. 

“Most businesses don’t realize how much value is trapped in their data silos,” says a Beyond Key strategist. “Our audits often uncover ways to save money or create new revenue streams.” 

Strategic Planning 

Once they understand the problems, they create a custom plan. This includes master data management (MDM) to unify your data and governance frameworks to keep it secure and compliant. 

Implementation 

Then, they take action. They migrate your data to advanced platforms like Snowflake, Azure, or AWS. They integrate real-time pipelines and use AI tools to clean, monitor, and maintain data quality. 

Sustainability and Optimization 

Beyond Key doesn’t just stop after setup. They stay with you. They provide audits, dashboards, and training to ensure your data system keeps improving as your business grows. 

What Makes Beyond Key Different? 

Beyond Key doesn’t just fix broken systems. They help companies create smarter, future-ready data systems. Here’s what sets them apart: 

Data Governance: They make sure your data complies with laws like GDPR and HIPAA while keeping security tight. 

Master Data Management (MDM): They consolidate fragmented data into one trustworthy source for better decisions. 

AI Integration: They embed machine learning into your data pipelines to predict risks, optimize operations, and improve efficiency. 

For example, Beyond Key helped a healthcare provider create a patient 360 view. This unified EHR, claims, and clinical data into one system. It improved care coordination while ensuring HIPAA compliance. 

In retail, they increased a company’s customer retention by 28%. How? By building an MDM-powered system that allowed personalized marketing. 

Why This Matters: Data as a Strategic Asset 

Data isn’t just a tool anymore. It’s a business advantage. Companies that use data well can innovate faster, make smarter decisions, and outperform competitors. 

“Data is no longer just about operations—it’s about strategy,” says a Beyond Key spokesperson. “Our services help companies unlock the full potential of their data and stay competitive in an evolving market.” 

If your business is ready to fix its data problems, visit Beyond Key’s Data Management Consulting Services. 

Media Contact

Organization: Beyond Key

Contact Person: Beyond Key

Website: https://www.beyondkey.com/

Email: Send Email

Address: 405 W Superior St, Ste 707 Chicago, IL 60654

City: Chicago

State: Illinois

Country: United States

Release Id: 12122421238

The post Beyond Key Introduces Holistic Data Management Consulting Services to Help Businesses Use Data Better appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

Cincinnati, Ohio, United States, 12th Dec 2024 – In his paper, Justin Drake introduced details about the BeamSNARKs algorithm, an advanced zero-knowledge (ZK) algorithm that allows a prover to demonstrate the truth of a statement to a verifier without disclosing the underlying data or requiring any interaction.

For this consensus layer evolution on Ethereum, Moonchain’s implementation of BeamSNARKs is transformative in two significant ways: privacy and scalability. Regarding confidentiality, BeamSNARKs verifies transactions and calculations without revealing sensitive data. This capability supports applications such as confidential transactions and private smart contracts. 

Beam Chain is a crucial improvement to the consensus layer for the Ether 3.0 era, a proposal to redesign Ethereum by Justin Drake at DevCon. The transition from the Proof of Stake (PoS) era to the zero-knowledge (ZK) era is expected to take several years, during which Ethereum fully integrates ZK capabilities.

Original link:
https://www.preprints.org/manuscript/202411.2216/v1
 

Media Contact

Organization: Risc Zero

Contact Person: Erik Kaneda

Website: https://risczero.com

Email: Send Email

Address: 228 Goldie Lane, OH 45202

City: Cincinnati

State: Ohio

Country: United States

Release Id: 12122421257

The post Justin Drake: BeamSNARKs Algorithm to Propel Ethereum’s Transition to 3.0 with Enhanced Zero-Knowledge Proofs for Beam Chain. appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.