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Abstract

BitDance is committed to building a decentralized physical infrastructure network (DePIN) for AI to leverage private data to achieve personal AI through privacy computing in TEE.


Two customized chips have been developed based on RISC-V. The privacy computing chip makes privacy data available but invisible, and a decentralized AI data market can be established in TEE; the blockchain security chip can achieve trusted collection of source data and data rights confirmation. All chip designs are open source and transparent, which helps to build consensus in the community and completely eliminate trust and dependence on Intel, AMD, and ARM.


With an effective token incentive mechanism, data will be monetized while ensuring privacy and security, and sustainable data services will be provided by individuals for the training and inference of AI LLMs (Large Language Models).


The business model of BitDance is to supply the data for AI through a peer-to-peer data market and charge transaction fees (0.1%) by means of smart contract. The target customers of BitDance are AI companies. AI companies can purchase data in the market according to their own needs, at the same time individuals can benefit from each data transaction.


With BitDance, startups can also devote themselves to innovation in the AI industry, and AI will no longer be the exclusive domain of a few large monopoly companies.


BitDance has a strong founding team. As the founder, Rui Zhao holds a Ph.D. of Tsinghua University and an MBA of CNAM, France. With technical background and strategic vision, he worked for GE and Baidu and held senior product and technology management positions. Aglaia Kong, co-founder, holds a Ph.D. of the University of Minnesota, USA. She was the CTO of Google and Cisco. Daniel Wu, CMO, an alumnus of the University of California, San Diego, has a successful track record of leading marketing efforts as a senior affiliate manager of Binance.


We believe that data of the people, by the people, for the people shall become the consensus and be realized eventually. Our vision is to achieve personalized AI based on private data for everyone in the world.


Coming soon!
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