Unbiased Launches Data Marketplace to Improve AI and Machine Learning Transparency with Blockchain Technology
Unbiased uses Telos to record events on the blockchain, protecting data transparency, trustworthiness, and ethics in the multi-billion dollar AI industry
GOTHENBURG — OCTOBER 22, 2020 at 7 am EST — Unbiased (https://unbiased.ml/), an award-winning startup building solutions to fight ethical challenges in AI and big data, today announced the launch of its Data Marketplace on Telos, one of the most active blockchain platforms in the world. Unbiased works to solve current challenges faced by AI and Machine Learning, including transparency, bias, and quality of training data.
The Unbiased Data Marketplace provides privacy-centric and decentralized development tools to companies working with AI and Machine Learning applications, including data collection, annotation, labeling and analytics; all with blockchain certificates. The project was introduced in beta in March 2020, underwent significant upgrades, and is now live for commercial use.
Today, most dataset generation tools for training supervised Machine Learning and AI algorithms are centralized, with no transparency in the process. Unbiased uses the Telos blockchain to track actions on the Data Marketplace platform, including the creation of projects and tasks, worker contributions, and the exchange of data. Unbiased chose Telos because of its ready-to-use governance engine, Telos Decide™ that can be easily integrated into business workflows.
“Unbiased uses the Telos blockchain to improve transparency and integrity, allowing users to trust and validate whether their dataset annotations are happening according to set requirements,” said Sukesh Tedla, Founder and CEO of Unbiased. “In addition to the obvious draw of Telos’ powerful governance tools and low operational costs, we share a mission with Telos to build a new global economy focused on decentralization and trust.”
The global AI market is projected to reach $266 billion by 2027. According to IDC, worldwide spending on AI is expected to double in four years, reaching $110 billion in 2024. Gartner research revealed that organizations deploying AI grew from 4 to 14 percent over the past two years. The increase in adoption of AI has led to concerns over privacy, fairness, and transparency. Entities as powerful as the European Union are researching the far-reaching impacts of AI and how to best address it.
“Intersections are always where the most interesting and vibrant developments occur and the intersections of blockchain, and AI and machine learning will be a great example of this. Unbiased will show these industries how recording data on a high performance, no-fee blockchain like Telos can add transparency, immutability, micropayments and governance into their products for the benefit of all stakeholders,” said Douglas Horn, Chief Architect of the Telos Blockchain. “Perhaps the most immediate benefit will be the ability for individuals to earn incomes by better supplying, preparing and validating AI data sets, greatly increasing their value to industry and creating a new option for earning money during these challenging economic times.”
The Unbiased Data Marketplace is supported by Unbiased WorkForce, a crowdsourcing platform with data collection and annotation tools needed to source AI and ML datasets. At launch, the platform supports 20+ project and task types. Students and professionals can contribute and earn money by signing up for Unbiased through the App Store, Google Play, or web app, finishing the qualifier tasks and working on paid tasks. The first sets of tasks are live at launch with initial projects focusing on data collection and audio transcription.
ABOUT UNBIASED:
Unbiased (https://unbiased.ml/) is an award-winning Swedish tech startup building solutions to fight ethical challenges in the AI and big data industries with the help of blockchain technology. The company’s first offering is the Data Marketplace platform (In Beta), a one-stop-shop B2B solution helping enterprises working with AI and Machine Learning applications, by providing privacy-preserved and decentralized AI development tools. In addition, our services also include transparent and trustworthy data collection, annotation, labeling, and analytics with blockchain certificates. Through its solutions, Unbiased aims to contribute towards innovation and the betterment of societies. Enterprises wishing to work with Unbiased on ensuring quality and reliability of datasets can reach out to Unbiased at sales@unbiased.ml.
Company Contact: contact@unbiased.ml
ABOUT TELOS:
Telos is a high-capacity network and one of the most active blockchain platforms in the world according to Blocktivity. Telos features a robust, third-generation blockchain governance system including advanced voting features and smart contracts that can be fully configured to meet the needs of any developer. Created by developers, for developers as a global grassroots project, Telos is one of the most decentralized blockchain platforms in existence. Telos Decide™ extends the chain’s state-of-the-art blockchain and governance features to all DApps on its platform, delivering the best user experience in the marketplace. Telos also supports the blockchain ecosystem by serving as an incubator and accelerator for decentralized applications through community voted development grants. For more information, please visit telos.net.
Media Contact: Transform Group, telos@transformgroup.com
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Learn More about Telos at telos.net
