EpiK Protocol, A Decentralized Storage Protocol of AI data

Latsan
6 min readAug 18, 2021

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EpiK is the leader in building decentralized knowledge graph network which is a decentralized trusted knowledge graph collaboration platform of the People, by the People, for the People.
EpiK Protocol envisions building a decentralized KG using blockchain technology to expand the horizons of today’s artificial intelligence (AI) technology, tapping on the decentralized storage technology which originated from Filecoin ,uniquely designed Token Economy which ensures fair incentives, Decentralized
Autonomous Organization (DAO ) to ensure trusted governance, and Decentralized Financial Tech-nology (DeFi ) for reliable financial capabilities. Thus, creating a trusted, multi-party collaboration platform where all trusted contributors are rewarded fairly.

Epik Protocol is known for there

Trusted Storage
Trusted Incentive
Trusted governance
Trusted Finance

There are a lot of big data, because there is no label, no matter how vital or important the algorithm is, the data cleaning and labeling will be very difficult. Alot of time has been spent manually to check and clean the data before letting artificial intelligence (AI).
After interaction with the Internet computer iteration, the accumulation of algorithms and computing power has helped in taking artificial intelligence (AI) to the next level (forward), but the lack of high-quality effective data has become one of the important reasons that hinder the development of artificial intelligence.
To solve this problem, EpiK Protocol, a distributed storage protocol for AI data that has been running effectively and there mainnet was released few days ago as at the time this article was published, proposes a solution that combines blockchain.

Epik protocol has two mainstream solutions to the AI data labeling industry dilemma which are the odd job economy and the sharing economy.
The odd job economy is to use crowdsourcing to label data, and the sharing economy to help people who participate in data contribution to obtain data cashing revenue.
Both are the solutions that decentralized storage is best at creating, and are the perfect directions for the application of trusted data sharing capabilities.
It is based on this status that we initiated the EpiK Protocol, which combines decentralized storage and AI data to create the first decentralized storage protocols for AI data in the world.

A typical EpiK Protocol runtime flow is shown in the following image
  • Decentralized storage requires a sustainable and efficient data production mechanism, and the huge market for AI data can fill this vacancy.
  • The AI ​​data market needs a platform to run a sharing economy, the powerful data authentication capability of decentralized storage can resolve this problem.

Why EpiK Protocol is more recommended than Filecoin?

EpiK Protocol has two great innovations compared to Filecoin because EpiK Protocol not only has the storage capacities of Filecoin, but also adds a collaborative network for AI data processing which allow EpiK network to generate a constant stream of valid artificial intelligence (AI) data for continued value creation in upper layer applications even when the community is fully autonomous eg (DAO).
EpiK Protocol revolutionizes Filecoin business model from selling storage based on a decentralized network to selling AI data in a decentralized manner. The storage market has been saturated since the Internet is applicable, but the demand in the data market is still very huge and the market growth rate is considerable.
Note; EpiK Protocol and Filecoin are not in competition and the valid data produced by EpiK Protocol is completely open to the Filecoin community in the hope of building the decentralized storage ecosystem together in order to achieve success .

EpiK Protocol has the endorsement of the industry’s top advisory group and first-rate investment institution — the data security and stability are guaranteed.
Ben Goertzel, a famous AI scientist, founder of SigularityNET, and chief scientist of Sophia the robot citizen, is an expert advisor of EpiK Protocol, assisting EpiK to promote the data market in Europe and the US and helping to build a high-quality AI data ecosystem.
In addition, the influx of capital from well-known industry institutions: FBG Capital, JACKDAW, 1475, ChainUp Capital, 7 O’clock Capital, etc. has brought decentralized storage of AI data back into the public eye with new momentum.

EpiK Protocol has global partners from the head of each field below.
Open Knowledge Foundation: The world’s largest NGO open-source data organization, which cooperates with EpiK Protocol to label global government open data, promote the open data movement, and explore the direction of open data applications.

OpenKG: The world’s largest Chinese knowledge graph repository which cooperates with EpiK Protocol to label Chinese mainstream domain knowledge graphs and explore the frontier topics and applications of knowledge graphs together.

Tsinghua University: The Big Data Knowledge Team of Tsinghua National Research Center for Information and EpiK collaborated to develop the “Health Chain” to promote trusted data collaboration in the medical field. The “Health Chain” was presented at Tsinghua’s 110th-anniversary celebration as an outstanding research achievement.

SingularityNET: The first decentralized AI service network, creator of Sophia, the world’s first robot citizen, and creator of Grace, an intelligent medical robot, cooperates with EpiK Protocol to focus on labeling AI data needed for universal medical robots, including knowledge graphs and facial expression data.

Ocean Protocol: The world’s largest decentralized data exchange protocol, working with EpiK Protocol to advance a global decentralized marketplace for AI voice data.

iMerit: One of the world’s 50 fastest growing technology companies. It is a data annotation company based in India that works with EpiK Protocol to promote efficient data annotation, improve data annotation efficiency and incentive for data annotation practitioners.

OpenSLR: The world’s largest open Chinese speech data community, working with EpiK Protocol to advance the annotation of Chinese speech data and add more subcategories.

EpiK Protocol has created a low-threshold, high-efficiency closed loop of data revenue sharing from data labeling to data distributed storage and then to the realization of data applications by docking companies. It is worth looking forward to how EpiK Protocol can achieve rich landing application scenarios in the future.
The EpiK team made a statement in there whitepaper that they will continue to make reasonable attempts to ensure that the information in there white paper is accurate and during the development, the platform may be updated, including but not limited to the platform mechanics, tokens and their mechanics, and token distribution.
Portions of the docu-mentation may be adjusted as the project progresses in a new version of the white paper, and the team will publicize the updates by posting a notice on the website or in a new version of the white paper.
EpiK expressly disclaims any liability for any loss or damage resulting from
(i) reliance on the contents of this document
(ii) inaccuracies in the information herein,
(iii) any action taken as a result of this document.

Epik Protocol mainnet is now live

The Epic protocol mainnet was live on August 15, 2021 and The Epik Protocol mainnet revolves around the Epik Portal and before you can have access to the Epik Portal, you must download Epik application either from Google PlayStore or Apple Store depending on your mobile device.
From this website, you would get the opportunity to choose your desired wallet type whether Android or iOS devices.

After you must have downloaded the Epik Portal application on your device, ythe application has its crypto wallet and you can store Epik Protocol’s native token $EPK.
Since EPK protocol has its ERC-20 token equivalent, ERC-20-EPK, therefore transactions on the Ethereum chain will require some ethereum as gas to approve transactions. It’s no surprise the wallet supports both ETH and USDT.

Epik wallet has its customized swap, Epik Swap. This is specially built for handling the exchange of EPIK for its ERC-20 variant. With Epik built on the EPIK chain, exchanging the ERC-20 token has to go through the cross-chain bridge. So the Epik Swap is currently limited to solely exchanging EPIK for ERC-20-EPK or the reverse. The Swap can handle as much as 100,000 $EPIK in one transaction. But the fee will differ, so take note.

You can import your existing wallet to the EPIK wallet, but it’s not advisable due to the wallet’s lack of support for other tokens. However, in the future, Epik’s team plan to integrate more tokens into the wallet. We can sure expect the wallet to function as we deem it.

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Latsan
Latsan

Written by Latsan

Blockchain enthusiast//Blockchain Ambassador//Content writing.

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