Looking up in a parking lot in downtown Los Angeles, the surrounding area is filled with traffic. On the surface, it seems like just cars are moving, but in reality, every car is emitting data: speed, braking, direction, license plate... we just can't see it.
375ai is turning this set of hidden information into assets. They are collaborating with OUTFRONT Media to deploy over 40,000 sensors equipped with AI chips in major cities across the United States, essentially adding a nervous system to the cities.
But collecting data is not enough. Where to store it? Who can guarantee that it can still be accessed in ten years? Who will prove that the data has not been tampered with? This is where Irys comes in! Irys puts this data on the blockchain, with timestamps and cryptographic proofs? Globally distributed storage, not afraid of a company going down, and not afraid of black box operations.
375ai captures reality, Irys allows reality to live on the chain. The next step, which is more interesting, lies in automated settlement: for example, when a logistics company needs real-time traffic at a certain intersection, as soon as the data is retrieved, the payment can be directly sent to the wallet of the sensor operator, with no intermediaries involved.
This collaboration is of great significance. AI needs data, but there is not much cheap, reliable, and verifiable data available. The combination of 375ai and Irys can not only bring the real world onto the blockchain but also design economic incentives, essentially turning sensors into a business!
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How can Irys monetize 375ai?
Looking up in a parking lot in downtown Los Angeles, the surrounding area is filled with traffic. On the surface, it seems like just cars are moving, but in reality, every car is emitting data: speed, braking, direction, license plate... we just can't see it.
375ai is turning this set of hidden information into assets. They are collaborating with OUTFRONT Media to deploy over 40,000 sensors equipped with AI chips in major cities across the United States, essentially adding a nervous system to the cities.
But collecting data is not enough. Where to store it? Who can guarantee that it can still be accessed in ten years? Who will prove that the data has not been tampered with? This is where Irys comes in! Irys puts this data on the blockchain, with timestamps and cryptographic proofs? Globally distributed storage, not afraid of a company going down, and not afraid of black box operations.
375ai captures reality, Irys allows reality to live on the chain. The next step, which is more interesting, lies in automated settlement: for example, when a logistics company needs real-time traffic at a certain intersection, as soon as the data is retrieved, the payment can be directly sent to the wallet of the sensor operator, with no intermediaries involved.
This collaboration is of great significance. AI needs data, but there is not much cheap, reliable, and verifiable data available. The combination of 375ai and Irys can not only bring the real world onto the blockchain but also design economic incentives, essentially turning sensors into a business!
#KaitoYap @KaitoAI @irys_xyz #Yap @josh_benaron #Irys