What Is Omnilytics?
The Omnilytics platform is a distributed data network that combines artificial intelligence and machine learning tools across various industries to process global aggregated datasets. This will enable the platform to provide everyone with the access to enterprise grade data and machine learning tools that are functional across various chain, communities, and networks.
Additionally, Omnilytics will be a new way for aggregating, processing, and utilizing data, which is attributed to the aggregated singularized datasets that ensure that the platform is not limited by industry-specific rules. The datasets also drive Omnilytics towards becoming the pillar of support for all industries that rely on data while providing users with access to data that they may require.
The platform seeks to implement the Omnilytics cross-industry data infrastructure, which will provide a data infrastructure for the Omnilytics community and cater for the increasing demand of data. This will reduce the amount of missing solutions in regards to data.
How Omnilytics AI Blockchain Aggregated Data Network Works
The Omnilytics ecosystem consists of nodes, clients, Data Partners, and the data acquired through data mining. Data partners are individuals and businesses that contribute data to the Omnilytics platform and generate revenue from it. The data ranges between consumer browsing behaviors, eCommerce metadata, location data, credit card spending data and many more.
The nodes are responsible of staking their tokens when introducing a Data Partner, which reduces Distributed Denial-of-Service attack (DDoS). The nodes are rewarded depending on the consumption data provided.
Clients can request for data on the Omnilytics platform and the Omnilytics Platform Coordinator delegates the data acquisition process to Data Acquisition Nodes and the validation of data to the Data Validation Nodes while the data shaping is allocated to Data Shaper Nodes. After all the nodes have completed their task, the data is sent to the client.
The platform is powered by the OMN token whose uses cases will include offering users access to different levels of data on the Omnilytics Platform and to data audit tools that verify the integrity of each data. Token holders will also be able to request for data on the platform by staking their tokens, settle the payments for data, and vote for their preferred Data Partners. The Data Partners can then use the tokens to track the changes and performance of their data being consumed.
Omnilytics will provide Decentralized training of AI, Machine Learning, as well as Natural Language Processing; this means that when processing scalability, new industries or changes in an industry will not warrant the retraining of the AI.
All the data on the Omnilytics platform is encrypted, hashed, secured via fingerprint, and stored on the blockchain. This provides the data on Omnilytics with verifiability and traceability.
Tracking Data Usage
The platform has end-to-end tracking of data, which enables individuals and data partners to track the data they provided and monitor the consumption of the data.
Omnilytics OMN Token ICO Details
Parameters Of The ICO
- Token: OMN
- Token protocol: ERC20
- Total token supply: 1,000,000,000
- Token sale date: TBA
- ICO token price: 1 OMN = 0.0267 USD (0.00012500 ETH)
- Accepted currencies: ETH
- Hard Cap: 10,700,000 USD (50,000 ETH)
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Source: Bitcoin Exchange Guide