On Thursday, the decentralized infrastructure project Human Protocol said it is launching a new layer of blockchain coordination to handle routing functions between third-party providers to ensure data is transmitted to the network. A feature known as the routing protocol sits on top of Human to provide network generator discovery, remuneration agreements, agreed operating standards, balance confirmation, and management support for network upgrades.
The Human Protocol started with a built-in bot blocker called hCaptcha that rewarded users for solving CAPTCHAs and gradually evolved into a broader contribution tokenization solution. Human expects the open source routing protocol developed by the community to simplify the steps involved in working with a network entity such as Exchange Oracle. This is due to the routing protocol’s ability to coordinate oracles, job exchanges, first-level integrations for job listings, and worker pool operators.
As an end goal, the Human network aims to use the peer-to-peer consensus mechanism inherent in blockchain design to solve automation tasks that cannot be accomplished without initial human assistance. One example of such a value proposition is AI e-commerce marketing. Without an initial “training” dataset, a machine learning algorithm cannot effectively offer Internet users ads related to their purchasing behavior.
But using the Human Protocol, network clients can place smart bounties for such consumer reviews and reward users for their contributions with the HMT token. The vision of the development team is to create a decentralized platform to reward data providers to those who need them. It aims to achieve the goal of facilitating direct, globally mapped connections at the intersection of workers, companies, and machine learning at any scale.
Credit : cointelegraph.com