BitDance is committed to building a decentralized physical infrastructure network (DePIN) for AI to leverage private data by privacy computing in TEE.
Two kinds of customized chips have been developed based on RISC-V. The privacy computing chip makes private data available but invisible, by means of this a decentralized AI data market can be established in TEE. The blockchain chip can achieve trusted collection and ownership confirmation of source data. All chip designs are open source and transparent, which helps to build consensus in the community and completely eliminate trust and dependence on those closed source chip manufactures such as Intel, AMD, and ARM.
Through an effective token incentive mechanism, data will be monetized with privacy preserved, 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. We can also make money by selling blockchain chips, privacy computing chips and privacy computing mining machines to AIoT smart device manufactures, privacy computing service providers and RWA investors.
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. AI will evolve from general AI to personalized AI.
BitDance has a strong founding team. As the founder, Rui Zhao holds Ph.D. of Tsinghua University and MBA of CNAM, France. With technical and business background, strategic vision, he worked for GE and Baidu as senior R&D positions. Aglaia Kong, Chief Scientist, holds Ph.D. of Minnesota University, USA. She was the CTO of Google and Cisco. Daniel Wu, CMO, an alumnus of UC 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. Own your data, Own your model, Train your own model with your own data.
Our vision is to achieve personalized AI based on private data for everyone in the world.