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Area and Time, a agency that describes itself as an AI-powered information warehouse, introduced the launch of its Proof-of-SQL product on Aug. 2.
Proof-of-SQL is able to proving that the info returned in relevant queries is correct and has not been tampered with. This verification is completed by way of zero-knowledge (ZK) proofs, which generate a SNARK cryptographic proof-of-query execution inside Area and Time’s decentralized information community.
Jay White, Co-Founder and Head of Analysis at Area and Time, mentioned:
“We imagine that information will improve the interoperability between the on-chain and off-chain ecosystems, fostering higher collaboration between decentralized and conventional methods.”
White added that Proof-of-SQL can “unlock new ranges of innovation, effectivity and person satisfaction” throughout many various industries together with finance, retail, healthcare, gaming, and any space that makes use of blockchain.
The product can be utilized with each on-chain and off-chain information.
Proof-of-SQL related in lots of areas
Area and Time famous that Proof-of-SQL is especially helpful within the monetary trade, the place financial worth has a direct relationship with information.
The corporate additionally described how Proof of SQL can be utilized in relation to synthetic intelligence (AI). It mentioned that the product can be utilized to confirm that enormous language fashions (LLMs) are skilled on correct and tamperproof information. It mentioned that this functionality can be sure that AI is utilized responsibly because it turns into extra commonplace in enterprise.
The agency moreover famous that, within the blockchain trade, builders can use Proof-of-SQL to create sensible contracts and decentralized apps (dApps) which confirm information with out compromising the trustless safety mannequin of blockchain.
The corporate mentioned that Lendvest, a Chainlink-powered protocol that makes use of on-chain credit score scores, is likely one of the first tasks to utilize Proof-of-SQL.
Area and Time was based in 2022. It raised $10 million and $20 million in two separate funding rounds that 12 months. As blockchain and AI applied sciences proceed to evolve, Proof-of-SQL’s means to offer information accuracy and integrity may play a major function within the growth of those sectors
The publish Area and Time launches Proof-of-SQL for blockchain and AI information verification appeared first on CryptoSlate.
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