Applying DropDeck.io Technologies on PIN Platform
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In the quest of searching for advanced technologies and talented teams around the world, PIN Community found DropDeck.io, which was nominated as a promising candidate for what PIN Community was looking for so that the PIN Community can grow stronger. While PIN Community is poised to have one of the largest community in the crypto space to promote the Sharing Economy 2.0, DropDeck.io has the strongest potential in using AI, Big Data and Blockchain to make Sharing Economy 2.0 much stronger.
In order to combine these strengths and create the strongest sharing community in the crypto space, PIN Community was announcing their acquisition of DropDeck.io, which will be added to their PIN Platform where PIN holders can spend their PIN tokens on fundraising startups and SMEs around the world, fostering innovation worldwide.
Overview about PIN Community:
- This is a community-first project as they have already had a huge community of the like-minded crypto-affluent.
- They built specific, world-class products to serve their well-defined community — trading, auction, marketplace, etc.
- Blockchain enables “Sharing Economy 2.0” providing higher efficiency, speed, less costs, and more values to their users.
On December 13th, 2017, PIN Community gathered leaders from 20 countries at Hyatt Regency Hotel in Dubai to share about the technologies of the future and how they all come together to enable and strengthen a “Sharing Economy 2.0” within their PIN Platform:
The Dubai representative of PIN Community was welcomed to the stage to talk about the PIN Community and its roadmap on combining all 4 discussed elements into its products and showcased its current progress of registering more than 40,000 users from 20 countries after merely a week. This stunning progress promises a huge amount of data from their homogeneous userbase, which is fed to a versatile AI engine in order to save time, cut costs, improve user experience and provide more values to PIN Platform users.
As the strong, homogeneous and wealthy community of PIN Community can generate data in much higher volume, velocity and veracity, the development of later phases such as the DropDeck.io Automated Funding will be accelerated. Its A.I. engine will also be integrated with PIN Platform’s products:
- Direct Ad-Network: Deep behavioral analysis of users based on their incentivized activities allows precise advertisement targeting to subgroups within the crypto-affluent.
- P2P Marketplace: Like how the most potential and relevant companies are shown at the top for funders on DropDeck.io, the most cost-effective, relevant products and services posted the most trustworthy users would be shown at the top of the marketplace for you.
- Auction portal: Intelligent strategies allow each user to make the best bid in the face of uncertainties.
- Investment portal/Trading portal/Hedge fund: The same principles spearheaded by DropDeck.io in its A.I. plan and findings on how to complement AI applications for cross-border funding with blockchain features will be applied here to make sure users can put their best bet in the right places.
Our final goal is to score, rank, and recommend objects in terms of potential profitability. Our principle is to incorporate all possible sources of data, including evaluation data from people on PIN Platform. However, not everyone’s evaluation can be trusted. Existing platforms operate on a one-user, one-vote principle. This creates an environment where rankings can be manipulated by sybil attacks and the service providers such as Quora, Reddit, Facebook, etc. must pro-actively identify and block abusers. On the other hand, Steem operates on the basis of one-token, one-vote. Under these models, individuals who have contributed the most to the platform, as measured by their account balance, instead of individuals who have the most perceived credibility on the matter at hand, have the most influence.
Therefore, we created another score to measure the level of trustworthiness of each user on PIN Platform (called “Trust score”), which would serve as the weight of that person’s evaluation when aggregated. Both the Trust score and Potential score are essential to building a highly dynamic relational graph where each entity can be a company or a person, and each entity’s change in score would have a ripple effect on all associated entities.
We hand-craft expert models with all feature weights determined by expert opinions collected via surveys, and build reinforcement learning models to be trained from continuous labeled data. Then we combine the scores from these models to obtain a final score for each user. The more data available over time for training, the more scores from the trained models will contribute to the final scores.
Ground truth data is generated from crowd evaluators (any user on the platform) and expert evaluators (individuals appointed by PIN Community) through a feature called “Trust” on our website, designed to collect labeled data. For generating this data, a “trustor” can assign a score that indicates his level of trust to any “trustee” on the platform. Surveys are also designed to actively collect labeled data, where evaluators are shown pairs of users who were known to them in their network, and are asked to identify the more trustworthy one in each pair. Each pair of users is ranked by multiple users to reduce bias. The models are trained for these user ratings and rankings in the ground truth training set, using reinforcement learning methods to generate a weight associated with each feature.
With DropDeck.io technologies, PIN Community will its PIN Hyper Intelligent Funding Initiative to fund at least 1,000 startups and SMEs around the world, within 1 year after it's ready, fostering innovation worldwide.
With PIN-HIFI added to the PIN Platform, PIN Community is poised to add a lot of values to not only its huge community but the society as a whole, corroborating the value potential of PIN token. Note that this post doesn't constitute investment advices.
In 2018, PIN Community will appoint a technology expert in Europe to serve as the head of PIN-HIFI.
