Potential ‘unicorns’ groom global pursuits Bottos: artificial intelligence ecosystem

A new decentralized artificial intelligence data-sharing ecosystem based on blockchain technology, debuted at Stanford University in California’s Silicon Valley last week.

The system was developed by Shanghaibased startup Bottos.

“The Bottos ecosystem and blockchain technology will change the future lifestyle of people and even ultimately change the productive relationships in our society,” said Wu Jun, founding partner of California-based early-state venture firm Amino Capital.

Wu, who attended the launch event at Stanford, formerly worked at Google and authored the popular technology industry book “On Top of Tides.”

The Bottos 2.0 system is open to all global artificial intelligence companies and related organizations that can handle huge volumes of data. That is considered critical to improving algorithms. Blockchain technology, with features including track-ability, creditable data and records, and user-friendly interface, makes all trades reliable and efficient.

For example, artificial intelligence firms can find and purchase databases, such as the sounds of the Shanghai dialect or pictures of a special kind of bird, to “train” algorithms. High quality data can help technology firms attain breakthroughs in application development, covering decentralized application, big data, intelligent hardware, the Internet of Things and robots, according to Song Xin, Bottos chief executive officer.

Artificial intelligence is already making inroads in the fields of security, education, medicine, smart manufacture and aerospace. It’s a “national strategy technology” and the core market value will exceed 150 billion yuan (US$23 billion) by 2020, according to the State Council, China’s Cabinet.