Lithosphere (LITHO) introduces deep neural networks for smart contracts, a first in the blockchain industry
Lithosphere (LITHO) introduces deep neural networks for smart contracts, a first in the blockchain industry
Chicago, Illinois–(Newsfile Corp. – April 4, 2023) – Lithosphere has announced the introduction of deep neural networks (DNN) for its smart contract ecosystem. This is the first time DNNs have been integrated into a blockchain-based platform, and offers significant potential benefits for decentralized finance (DeFi) and a variety of other applications.
Smart contracts have become increasingly popular in recent years, with the ability to automate transactions and reduce the need for intermediaries. However, the intelligence of these contracts has been limited by the nature of the code that drives them. By incorporating DNNs into the code, Lithosphere’s smart contracts will have the ability to “think” and make decisions based on input.
This integration of DNNs will enable smart contracts to identify patterns and relationships in data that would be difficult for humans to detect. This is particularly relevant in the DeFi space, where abnormal token price movements can be detected and flagged as part of a potential flash loan attack. In addition, a DAO can use the DNNs to exchange tokens automatically, using reinforcement learning to continuously improve its decision-making process.
Lithosphere network
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Joel Kasr, Lithosphere’s creator, stated: “We believe that the integration of DNN into our smart contract ecosystem has the potential to revolutionize the crypto industry. By making our contracts more intelligent, we can improve the efficiency and effectiveness of transactions while reducing the risk of fraud and other security threats.”
The integration of DNNs into Lithosphere’s smart contracts will be a significant step forward for the crypto industry at large.
About the Lithosphere
Lithosphere is a next-generation platform for decentralized cross-chain applications powered by Deep Learning.
About KaJ Labs
KaJ Labs is a decentralized research organization with a focus on AI and blockchain technology. KaJ Labs is driven by creating innovative products that work for the best around the world.
Media inquiries
Dorothy Marley
Phone: (707)-622-6168
Email: [email protected]
KaJ Labs Foundation
1658 Milwaukee Ave
Chicago, IL
Website: https://kajlabs.org
Website: https://lithosphere.network
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