Language Tech Market News
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“Common Language” for All Blockchain Transactions Coming Soon Due to Hash-rate Boost

“Common Language” for All Blockchain Transactions Coming Soon Due to Hash-rate Boost | Language Tech Market News | Scoop.it

Laser, the blockchain startup that connects thousands of existing blockchains to one another, is on course to enable near-instant inter-blockchain transactions – thanks to a boost in hash power and Service Node infrastructure at its parent company.

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7 Companies Using Blockchain To Power AI Applications

7 Companies Using Blockchain To Power AI Applications | Language Tech Market News | Scoop.it

Emerging blockchain startups are re-imagining internet services and access to data with a decentralized twist.
New cryptonetworks are proposing a way to create data marketplaces that democratize access to AI training data. These marketplaces would coordinate users offering their data with projects in need of it — and because the exchanges are on a blockchain, there’s no middleman handling files, ensuring the shared data stays secure.

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@snips Plan to Generate Better Conversational Data By Incentivising 'Workers' 

Our data generation tool has been available as a centralized, fiat-based SaaS for a few months, and has been used across all our enterprise customers. Our goal is to now decentralize it, using the upcoming Snips AIR token to incentivize “workers” to produce high quality training data. The first step is to hire workers and onboard them. This is done via a bounty program, where they are asked to generate data for internal Snips tasks in exchange for tokens. This enables both workers to start earning tokens, as well as learning how the process works. Anyone can be a worker, including users of Snips AIR. Once a worker has accumulated enough experience, they can start participating in data generation for developers.

LT-Innovate's insight:

Looks as if decentralized blockchain-type systems could both attract & reward targeted data contributors. Already widely practiced for language data production in Asia.

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@Langnet Using @Blockchain to Build Voice Data Sharing Solution

At LangNet we are building an open source ecosystem of language data and resources so more companies and developers can start building for new languages, dialects and uses cases. While open source resources may not always be sufficient for fully optimized, commercial grade systems, they should start to address the data sparsity problem that today makes it very expensive to take on projects in new languages and domains. In turn, accessible data and broader participation should result in faster innovation cycles and more interesting, useful apps across more languages and markets.

LT-Innovate's insight:

Keep en eye open for new langtech-related blockchain projects in fields such as translation data and voice data

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Why We Need Intelligent, not just Smart, Legal Contracts

Why We Need Intelligent, not just Smart, Legal Contracts | Language Tech Market News | Scoop.it
Smart Contracts have limitations when it comes to complex and sizable traditional contracts, and for that, an intelligent approach is required. That solution is Intelligent Contracts or what might be termed Smart Contracts 3.0!

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Blockchain Speech Recognition Tech Startup Anryze Target $6 Million From Incoming Crowdsale

Through the implementation of blockchain technology and neural networks, Anryze is able to offer a competitive product at a price that is currently 2 to 3 times lower than its counterparts.
LT-Innovate's insight:

Interesting development in funding businesses and gaining better prices.

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Blockchain-based Initiatives for Encrypting Voice Data at @Snips, @Langnet

Blockchain-based Initiatives for Encrypting Voice Data at @Snips, @Langnet | Language Tech Market News | Scoop.it

Instead of users’ data being sent to the cloud for the AI to get smarter, the Snips ecosystem pays users in tokens to contribute their encrypted data to its blockchain network. The processed data is then aggregated by application developers, who now have new machine learning models that contain the encrypted user data. Since training the AI is done on the blockchain with encrypted federated learning, developers can take advantage of user data and add new applications to the Snips AIR platform. The users themselves never have to expose their personal information and compromise their privacy.

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Why SYSTRAN wants to Implement the Blockchain based LIOS Platform?

In the MT world, there are various problems to be resolved such as management of copyrights and IP ownership, fair distribution of profits and technology monopolies. To address the raised issues, SYSTRAN is initiating the Linguistic Intelligence Open Source (LIOS) platform, a combination of OpenNMT and the blockchain technology.

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LIC - Language Service Industry Chain Officially Released in Singapore

LIC - Language Service Industry Chain Officially Released in Singapore | Language Tech Market News | Scoop.it

“The creation of LIC is a historical opportunity that adapts to today’s world,” stated by Dr. Peggy Peng, the founder of LIC Combining blockchain and distributed AI technology, LIC provides an effective way to break free from the traditional model that emphasizes centralization. It underpins many of the ways people interact and empowers information dissemination and collaboration under different scenarios. LIC tabs into unrealized value in the token economy.

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How Blockchain Technology Can Reshape the Language Industry

In the language industry, smart contracts could play a key role in the near future, especially in supply chain interaction. A Hong Kong based online translation platform announced its ICO in late 2017, and its cryptocurrency will make use of the Ethereum Blockchain for international payments and smart contract technology. It stressed that international businesses need international currencies.
LT-Innovate's insight:

Argues that smart contracts, translator data privacy evaluation, and vendor reputation inspection could all be better managed using blockchain.

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AI & #NLU Meets Blockchain at @GraphGrail Ai

AI & #NLU Meets Blockchain at @GraphGrail Ai | Language Tech Market News | Scoop.it
GraphGrail Ai – is the world’s first Artificial Intelligence platform for Blockchain built on top of Natural Language Understanding technology with the DApps marketplace
LT-Innovate's insight:

THis Russian start-up appears to want to compete on the open AI platform "marketplace" to provide semantics-rich processing opportunities backed by a blockchain-driven funding approach.

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Doc.ai Announces First Blockchain-Enabled #NLProc Platform For Quantified Biology

Doc.ai Announces First Blockchain-Enabled #NLProc Platform For Quantified Biology | Language Tech Market News | Scoop.it
Share with: Coming out of stealth mode, doc.ai has announced the launch of its advanced natural language processing technology platform using the Blockchain to timestamp its datasets and decentralize artificial intelligence. Envisioned and built by bright minds from Stanford and Cambridge Universities, doc.ai is well-positioned to help healthcare companies improve patients’ care and experience by creating …
LT-Innovate's insight:

Watch this space closely

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