What is Swan Chain (SWAN) Blockchain to Support AI Adoption?
2024-10-14Bittime - What is Swan Chain (SWAN)? Swan Chain, formerly known as FilSwan, is an AI-based blockchain infrastructure that provides a complete set of tools to support AI adoption.
Launched in 2021, Swan Chain utilizes superchain OP technology, which combines Web3 with artificial intelligence (AI).
By offering integrated solutions across sectors such as storage, computing, bandwidth, and payments, Swan Chain aims to reduce computing costs by 70% and monetize unused computing resources.
Swan Chain's Main Objective: Decentralized Computing Marketplace
One of Swan Chain's main focuses is to create a decentralized computing marketplace that allows AI developers to access the resources needed to train and implement advanced AI models.
This marketplace aims to bridge the gap between the high demand for AI computing and the availability of resources in the blockchain ecosystem.
In addition, Swan Chain also supports Web3 projects by providing infrastructure for the development of decentralized applications (DApps).
Featured products in this ecosystem include MultiChain.storage for decentralized data storage, as well as the Lagrange platform for efficient decentralized computing.
Interesting Features: Universal Basic Income (UBI) Model
Swan Chain introduces an innovative Universal Basic Income (UBI) model for computing providers in the ZK (Zero-Knowledge) market.
This model guarantees a stable income for computing providers, encourages continued participation, and creates an inclusive and sustainable ecosystem.
This approach not only improves the well-being of the community, but also ensures the long-term sustainability of the Swan Chain ecosystem.
Swan Chain's Advanced Technology and Infrastructure
Swan Chain integrates cutting-edge technologies such as Kubernetes for container management and blockchain for transaction security and process automation.
By connecting data centers globally, Swan Chain ensures maximum availability of computing resources and high redundancy.
The use of Zero-Knowledge Proofs (ZK Proofs) also adds an additional layer of security and privacy in the computation validation process.
ZK Finance and Market Innovation
Swan Chain offers innovative payment solutions that support AI computing through the implementation of smart contracts that reduce microtransaction costs.
The ZK marketplace developed by Swan Chain also introduces a robust framework for computational task validation and benchmarking, supporting the AI ecosystem with an efficient and transparent payment model.
Swan Chain Roadmap 2024
Based on the recently released roadmap, here are some of the key milestones that Swan Chain will achieve by 2024:
Q1 2024:
- Launch of Saturn Testnet, UBI platform, and Native Bridge and Block Explorer.
- In the Swan ecosystem, the ecosystem grant program will begin along with the launch of the Lagrange SDK.
- For Swan Compute, there will be Collateral features for compute providers, compute provider dashboard, Swan SDK, and Swan Orchestrator.
Q2 2024:
- Mainnet launch for Swan Chain.
- In the ecosystem, launch of decentralized cloud storage solution Swan Cloud Storage and Swan Deployment Toolkit.
- Q2 ecosystem grant program will be implemented, as well as community meetings.
- Swan Compute will benchmark UBI performance and reputation of compute providers.
Q3 2024:
- Defi Protocol andbridges will be launched along with deposit/withdraw features.
- Q3 ecosystem grants and on-chain campaigns will begin in the Swan ecosystem.
- In Swan Compute, there will be development of Layer 3 computing and confidential decentralized computing.
Q4 2024:
- Swan token staking, CCIP Cross Chain integration, and TGE will take place.
- In the Swan ecosystem, DAO Governance will be enabled, along with the launch of the Swan APP Marketplace, hackathon, and Q4 ecosystem grant program.
- In Swan Compute, regional development for Orchestrator, CDN, and AI agents will be implemented.
Vision and Future
Swan Chain is committed to redefining the development, deployment, and scale of AI and Web3 projects.
By providing affordable, secure, and high-performance computing resources, as well as innovative payment solutions, Swan Chain seeks to address the challenges developers and businesses face.
Its commitment to a fair and sustainable ecosystem, especially through the UBI model, paves the way for a more inclusive and participatory decentralized network in the future.
Closing
Swan Chain continues to evolve with a robust blockchain infrastructure, creating a decentralized computing marketplace ready to address the needs of the AI and Web3 era.
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