Why SYSTRAN wants to implement the Blockchain based LIOS Platform?
LIOS blog readers must have been realized that most of our Medium articles have ‘What is~’ title. Since new technology and our white paper have unfamiliar terms to reader, we thought that explain our white paper is best way to introduce LIOS Platform.
We’ve been introduced LIOS Platform features such as OpenNMT, 2D Blockchain and our slogan — Hyper translation so far. We are so passionate about our project and want to give every detail about it. However, we also know that too much technical information could be really tired. So, how about a little break from all the technical terms with ‘What is’ title.
This time we will give you ‘Why’
Have you ever wondered why SYSTRAN decides to implement the blockchain based platform ?
SYSTRAN has been the market leader in language-translation products and solutions, covering all types of platforms, from desktop, web service, to enterprise server for the last five decades. In addition, SYSTRAN has achieved remarkable business results in the field of artificial intelligence based on deep learning and machine learning technologies. As we mentioned before in our previous posts, SYSTRAN also launched the OpenNMT project with Harvard University’s Natural Language Processing (NLP) group.
The Language service market and AI market size is estimated to be worth over USD 100 billion by 2023. The industry of artificial intelligence-based translation and language processing technologies has high growth potential and the market is also rapidly expanding.
However, there are various problems to be resolved such as management of copyrights and IP ownership, fair distribution of profits and technology monopolies.
To address the raised issues, SYSTRAN is initiating the Linguistic Intelligence Open Source (LIOS) platform, a combination of OpenNMT and the blockchain technology.
The LIOS Platform consists of a multi blockchain-based marketplace, SaaS and OpenNMT, and offers digital contents trade, application development, and enhanced artificial intelligence-based language technologies. These elements combine to form a hyper-connected network which creates synergy.
The LIOS Platform targets Hyper Translation and Hyper-Connected Network Ecosystem which principally make use of blockchain and artificial intelligence-based language technologies. By offering a virtuous cycle that shares related technologies, rapid and inexpensive supply of products and services and fair distribution of profit in a transparent manner, the LIOS ecosystem will have sustainability and high scalability.
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