Important links


Reviewed: 24-2-2018
SingularityNET is a project led by Ben Goertzel and Hanson Robotics that use blockchain technology to create an open marketplace for artificial intelligence. Blockchain provides a powerful tool for managing transactions in a Singularity-era economy. SingularityNET is an open-source protocol and collection of smart contracts for a decentralized market of coordinated AI services. Within this framework, the benefits of AI become a global commons infrastructure for the benefit of all; anyone can access AI tech or become a stakeholder in its development. Anyone can add an AI/machine learning service to SingularityNET for use by the network, and receive network payment tokens in exchange.

Important links


Within this framework, the benefits of artificial intelligence become a global common infrastructure for the benefit of all. The general purpose is a decentralized marketplace for AI, a global set of services purchasable with cryptocurrency. Additionally, the token is used for a democratic governance mechanism for adjusting the parameters of this economy. During the first 2 years of development they target 3 specific market areas:
– Cloud Robotic, robot intelligence as a service
– Biomedical research, including genomics and clinical medicine analytics
– Cybersecurity, particularly for blockchain-based businesses

SingularityNET claims to put together many pieces of smart AI technology into large systems increasing complexity and stability while maintaining privacy of personal data. It is designed for different AI agents to communicate and share data with each other. SingularityNET Agents can run in the cloud, on phones, robots, or other embedded devices. They are a platform to cooperate and coordinate at scale.

SingularityNET key services
The key types of service exchanges in the network are:
– Exchange of software or hardware for other software or hardware services
– Exchange of software or hardware for AGI tokens
– Matchmaking to determine favourable combinations among agents
– Requesting or providing a vote on specific governance issue

SingularityNET is designed to be a robust and adaptive software architecture and has the following design principles: First, interoperability:  The network will be able to interface with multiple blockchains. Second, data sovereignty and privacy: User data control and sharing comes with privacy-enabled controls on top of the network, and access is validated through smart contracts and the blockchain. Last, scalability: SingularityNET will securely host both private and public contracts, so more scalable and resilient applications can be built on top of it with near zero transaction costs.

SingularityNET is made using a democratic governance mechanism, this makes it possible to shift between different infrastructures and underlying platforms. This is a key question whether to move from Ethereum to their own blockchain technology. Initially, SingularityNET is bound by Ethereum’s approach to consensus, whether proof of work or proof of stake.

Sophia – chief humanoid
Sophia is a social humanoid robot developed by Hong-Kong based company Hanson Robotics in collaboration with AI developers. Including Google’s parent company Alphabet INC which has build her voice recognition system and SingularityNET which powers her brain. She was activated on April 19, 2015 and can display 62 facial expressions. Sophia has been covered by media all over the world and has participated in many high-profile interviews.
In October 2017, the robot became a Saudi Arabian citizen as first robot to receive citizenship of any country. The robot is modeled after actress Audrey Hepburn. She is designed to be a suitable companion for the elderly at nursing homes or to help crowds at large events or parks. Sophia is a project to bring the AI technology together using SingularityNET as network protocol. The AI code is available and it is open source.
SingularityNET is making the connection between AI Developers and AI users. Sophia will be a core node of the SingularityNET’s blockchain. Her intelligence will be plugged into the network for everyone’s benefit. Sophia’s mind will be constantly fed with new content from SingularityNET, while at the same time helping to power the network with her human-like intelligence

The SingularityNET Foundation
The non-profit SingularityNET foundation is responsible for building, supervising and accelerating growth. Governance decisions will be made democratically by consulting the token-holders. As the network evolves you can think of SingularityNET as a Decentralised Autonomous Organisation (DAO) creating a combination of AI agents, a community of AI Agent developers and an ecosystem of customers at varying levels. The founding team brings experience to the project and a body of open source code to lay the foundation for the SingularityNET global brain.
The key founding partners of the foundation are:
– The OpenCog foundation, an open-source artificial general intelligence platform. (2)
– Hanson Robotics, creators of humanoid robots. (3)
– Vulpem, a blockchain software engineering consultancy. (4)
– Novamente LLC, Artificial intelligence software consultancy. (5)
– Economic Space Agency, organisation developing Gravity, a distributed computing architecture. (6)

SingularityNET team
The team exists of 50+ AI Developers, 10+ PhDs. Some of the important members are explained below.
CEO: Dr Ben Goertzel, Chief Scientist, Also chairman of the AI software company Novamente LLC and the OpenCog foundation. Advisor to the Singularity university. PhD in mathematics in 1989. (7)
Robotics Lead: Dr, David Hanson. Founder of Hanson Robotics, hong kong based robotics company, founded in 2013. (8)
CTO: Cassio Pennachin, Have led AI and data science and software engineering teams for 20 years. Studied Computer Science PhD in Electrical Engineering. (9)
Chief humanoid: Sophia Hanson, In October 2017, the robot became a Saudi Arabian citizen, the first robot to receive citizenship of any country. (10)

Nexus, a 3D blockchain protocol. By combining SingularityNET’s AI infrastructure with their team and unique tech stack, Nexus will be able to achieve their goals with greater speed and efficiency. (11)
Ocean Protocol, decentralized data exchange. As a decentralized AI marketplace, SingularityNET could benefit greatly from tight integration with Ocean Protocol’s decentralized data management and exchange framework.(12)
Hanson Robotics, Hong kong based engineering and robotics company founded in 2013, developed Sophia, Sophia is the most advanced expressive robot in the world. (13)
SG Innovate, Government owned private company driving technology innovation in Singapore. (14)
NR Capital, Navitas Recource Capital. SingularityNet is collaborating with the Singapore based Fintech firm to develop new AI-driven solutions for the commodity finance seeking to drive and automate global trade. (15)
FundRequest, SingularityNET teams up with FundRequest to fund bounties and the development of AI initiatives. (16)
Vulpem Ventures, Vulpem Ventures is a digital agency, with a unique methodology that allows them to deliver work to clients without the need to sit close to each other. Vulpem is working to create a new paradigm in the blockchain development, where the team itself is decentralized. Vulpem Ventures was looking for a Blockchain specialist that is passionate about decentralization and cryptography. (17)

’16: Outline development & economic logic (done)
’16: Assemble team AI & Blockchain experts (done)
’17: Partner with major tech companies (done)
’17: Market test proof of concept
’18: Beta test initial build with partners
’18: Finalize Release candidate
’18: First global AI marketplace
’18: Grow partnerships

Bull or Bear

Like our work? Support us!





Our Telegram
Our Twitter

Make a request for our next coin research.