The moment Ethereum switches from PoW to PoS, there is a real chance the market will react similarly to the reaction at the end of the DotCom boom. Many mining businesses will be hit hard, and the end result will be a lot of GPU cards on sale. We are proposing to unite all this freed processing power under the Kaasy network, offering a Decentralized Infrastructure As A Service solution for many use cases. The Kaasy network will not simply run the GPUs to continuously execute hashing functions, but offer a set of SDKs with which developers can expand their applications to optimize processing times via parallelization and computing load balancing.
The blockchain keeping the Kaasy ledger will store both payments for rented processing time and algorithms optimized to run distributed calculations. The algorithms are organized as a distributed marketplace, where anyone can add a new algorithm and earn rewards when someone else makes use of it – the rewards are stored in the same blockchain.
The goal of the kaasy.ai team is to develop a knowledge blockchain, where existing and new algorithms can be used to power machine learning, thus producing AI skills usable by the entire community, from their terminal of choice. The open-source blockchain code can be forked to create private knowledge blockchains, for tasks which may involve privacy concerns and other data restrictions. Use cases for the skills we envision include video processing, machine learning, molecular simulation, AI conversation partners, employee-as-a-service solutions, augmented and virtual reality solutions and real-time robotic fleet management. Skill rewards for complex skills are issued as a tree, where each complex skill payment is split between itself and the integrated simpler skills.