
CloudSight[1], a Los Angeles-based technology startup that specializes in image captioning and understanding, will use the Bitcoin Lightning Network for microtransactions to gather and share visual knowledge and allow artificial intelligence (AI) systems to learn from and communicate with each other, the company said on Thursday.
By supporting Bitcoin Lightning, CloudSight said it will be able to offer advanced value interactions for an exchange of information that was previously impossible.
“Today, while the information economy continues to grow, data providers are seeking new methods for upgrading traditional payment networks to handle the future of AI communication,” Folken said in a statement.
“At CloudSight, we found that Bitcoin payments (BTC), via the Lightning network, offer the perfect pairing for a unique utility with our visual cognition neural networks. We are very excited for the future of autonomous AI, and we believe this is a critical step in the development of this new technology.”
CloudSight will leverage the Bitcoin Lightning network to allow parties, including AI systems, to engage in trustless transactions within a decentralized framework. Autonomous AI systems will be able to leverage information with greater efficiency to question their immediate environment and learn in real-time, by transacting with any human, service provider, or another AI entity. According to CloudSight, these features are critical for autonomous entities to communicate with each other, enabling information exchange in the AI-based economy.
Taking the example of self-driving cars, the startup explained:
“Imagine, your self-driving car needs to know what an unknown object is in the road ahead. This autonomous AI network will allow it to ask surrounding cars or reach out to a data provider. Once the car gathers the information, it could then be compensated for that fee by other cars asking the same question.
“Rather than users signing up with