The decentralized identity protocol, IoTex, has launched the real-world AI Foundry, a global initiative to build open, decentralized, blockchain-driven artificial intelligence.
At the R3AL World AI Summit at the Singapore Token2049 conference, IoTex announced the project in collaboration with a group of founding alignment partners including Vodafone, The Blockchain Association, Filecoin, Theta Network, Athir and others.
Foundry aims to challenge traditional AI systems that IoTex describes as “closed source, costly and controlled by a small number.” The spokesman told the Cointelegraph: “Real world AI needs the opposite: live live from machines, people, sensors, and open collaboration where reliable data flows into a shared model.”
The spokesman added that blockchain will ensure this data is recorded safely and that Crypto will provide an incentive for global participation. “Users can contribute data, calculate or validate, and earn rewards each time an AI agent or model accesses these validated data streams,” they said.
R3AL World AI Summit. sauce: IoTX
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Actual models offer live AI
At the heart of the initiative is the Real World Model (RWM). This is an intelligent system trained with live data from machine, sensors and human interactions. These models are built to understand causes and effects, adapt to changing environments, and provide real-time responses in impactful sectors such as mobility, energy, healthcare, and robotics.
“As opposed to simply distributing computing or agent hosting, Foundry has created the first open ecosystem for RWMS and collectively governs to ensure interoperability, accountability and alignment with human values,” an IoTex spokesperson said.
Foundry starts with real-world data flowing from more than 40 million connected devices from IoTex’s existing network. These devices can opt-in as trusted data sources using IOID, a decentralized identity protocol that verifies trust without revealing personal information. Data privacy is protected using encryption and zero-knowledge proofs.
Data providers, infrastructure partners, and model builders receive rewards based on the quality and use of inputs tracked through on-chain registry.
IoTex said governance begins with working groups established by Alignment Partners and evolves over time to incorporate token-based voting and other distributed mechanisms, ensuring that a single entity does not control the ecosystem.
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Distributed AI gains traction
In August, Swarm Network raised $13 million to develop a distributed AI verification protocol. The protocol aims to convert off-chain data into verifiable on-chain information, and has already stepped up fact checking of over 3 million posts via rollup news.
In April, decentralized AI startup Nous Research raised $50 million in a paradigm-driven Series A round that rivals centered players like Openai using Solana’s distributed infrastructure to build an open source AI model.
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