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APPENDIX

Glossary​

  • Blockchain: A decentralized digital ledger technology that securely records transactions across multiple computers, preventing retroactive alteration without modifying all subsequent blocks and achieving network consensus.
  • AI (Artificial Intelligence): The simulation of human intelligence in machines, enabling them to perform tasks like learning, reasoning, and self-correction.
  • DApps (Decentralized Applications): Applications that run on a blockchain network instead of a centralized server, utilizing smart contracts for decentralized transactions and operations.
  • DeFi (Decentralized Finance): A financial system built on blockchain technology that operates without traditional intermediaries like banks, enabling peer-to-peer transactions and financial services like lending, borrowing, and trading.
  • DePIN (Decentralized Physical Infrastructure Networks): Networks leveraging blockchain to decentralize ownership and operation of physical infrastructure (e.g., internet connectivity, energy grids, transportation), allowing for more transparent, efficient, and resilient management.
  • Data Labeling: The process of annotating or tagging data with labels to provide context or meaning, essential for training machine learning models.
  • Model Training: The process of creating and optimizing a machine learning model by feeding it labeled data to learn patterns and make predictions.
  • AI Inferencing: The process where a trained machine learning model applies its learned knowledge to new data for predictions or classifications.
  • Smart Contracts: Self-executing contracts with terms written in code, automatically enforcing themselves when conditions are met, running on blockchain platforms like Ethereum.
  • Decentralized Governance: Decision-making processes distributed among network participants, involving consensus or voting mechanisms, promoting transparency and reducing power concentration.
  • AI Marketplace: A platform for buying, selling, or sharing AI models, algorithms, datasets, or services, facilitating the exchange of AI-related resources.
  • Transaction Fees: Charges for processing transactions on a blockchain network.
  • AI Service Fees: Charges for utilizing AI services provided by companies or platforms.
  • Affiliate Program: A marketing arrangement where a commission is paid to affiliates for referring customers or generating sales/leads.

References​

https://hai.stanford.edu/