Zhao Changpeng, founder of Binance, has introduced a groundbreaking idea that could potentially revolutionize AI data labeling and processing through the utilization of blockchain technology. In his recent proposal, Zhao envisions a system where AI labeling is conducted on-chain, utilizing BNB Chain’s Greenfield initiative to enable low-cost and instant cryptocurrency payments. This innovative approach aims to eliminate geographical barriers and tap into a global pool of talent for AI data processing, ultimately enhancing efficiency and fairness in the entire process.
AI tagging, or AI data processing in general, is ideally suited to be carried out on-chain. By leveraging BNB Chain, Zhao proposes to engage low-cost labor from around the world without geographical biases and provide instant cryptocurrency payments. The utilization of blockchain technology eliminates the complexities and expenses associated with traditional payment methods, creating a decentralized system that promotes equity among AI labelers and ensures recognition for high-quality work.
Zhao Changpeng’s vision for on-chain AI labeling heavily relies on the storage capacity and scalability offered by BNB Chain’s Greenfield. He emphasizes the need for additional tools and infrastructure development to actualize this vision and streamline AI data processing by establishing a transparent system. This innovative approach not only enables instant global payments but also guarantees fairness for labelers worldwide.
The convergence of blockchain and AI industries under Zhao Changpeng’s forward-thinking vision is poised to redefine the future of data processing, opening up a world of possibilities for a decentralized and fair digital economy.