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Cisco partners with the decentralized enterprise blockchain SingularityNET AI

Cisco has established a partnership with the blockchain company SingularityNET to explore decentralized artificial intelligence.

Partners are specifically looking for artificial general intelligence (AGI) technologies that aim to replicate the complex tasks that humans are capable of.

AGI is considered a step above the standard AI because it aims to add reasoning capabilities similar to human in uncertain scenarios. Such processing allows AGIs to do things like solve puzzles and make plans that go beyond today's AI.

Dr. Ben Goertzel, CEO of SingularityNET, said:

"The scale of AGI implementations that a partner like Cisco needs is going to be huge, and we are working hard to make sure that our AGI tools and our blockchain-based platform are up to par."

A technology conglomerate as large as Cisco, which joins SingularityNET, adds a lot of credibility to the project objectives.

SingularityNET describes itself as the first decentralized AI network that allows anyone to create, share and monetize AI services at scale. The idea behind decentralization is that it prevents a single player from hoarding AI capabilities and, instead, is distributed globally.

"To really build a global decentralized thinking machine, we will need to unite many complicated ingredients, and the collaboration between Cisco and SingularityNET has the potential to accelerate things tremendously," Goertzel said.

In May, the Singapore and Malaysian division of Dominos Pizza announced that it was partnering with SingularityNET to apply blockchain-driven AI to its supply chain processes.

"In 10 years, see AGI with higher IQs than humans," Goertzel believes.

A beta version of the artificial intelligence market of SingularityNET can be found here which presents 40 (at the time of writing) services driven by artificial intelligence.

Interested in listening to industry leaders discuss issues like this? Attend 5G Expo, IoT Tech Expo, Blockchain Expo, AI & Big Data Expo and Cyber ??Security & Cloud Expo World Series with upcoming events in Silicon Valley, London and Amsterdam.