Slidebits Token and Mobile App Technical Overview
Slidebits is an ERC-20 Ethereum based tokens and has all of public functions you expect to have in the ERC-20 token standard. Slidebits is also a mobile app that is in development and should be release early this year. One of the features of the upcoming mobile app is to incentive users for doing digital task like taking pictures of food. The pictures are validated by machine learning algorithm hosted on a cloud web service.
Most of today’s state of the art machine learning algorithms that are used to predict objects in pictures are powered by training data of tons of photos. It can be a tedious task for a single developer or developer team to gather thousands of photos to build up the training data for a model. Creating an algorithm to detecting whether or not a picture is a hotdog or not, is a lot of hard work, crowdsourcing makes this task and similar tasks easier to accomplish. Leveraging Ethereum and blockchain provides a transparent way to reward people all over the internet.
Slidebits reward channels are smart contracts that control how rewards are given in the app. Any task will have a corresponding channelId that is an abi encoded hash with three parameters, the public key address of the task giver funding the reward, their task goal, and the capacity of how many people can be rewarded. For example if Alice needs pictures of a lot of cats and wants to verify that the reward channel created for her was incentivizing users for cat photos, she can decode the channelId hash associated with her task, users can also verify tasks by decoding channelIds before doing them. All reward channel requests and reward channels created will be vetted by the maintainers of the Slidebits protocol. The Slidebits reward channel contracts will be open source and the source code will be verified on etherscan.
Slidebits aims to be a network that incentives its users by doing digital task directly from their mobile device, the rewards will be funded by the people who need digital task done like gathering image training data. Not all parts of Slidebits are decentralized which makes it easier to comply with laws and regulations and to provide a user experience that users are accustomed to.
