House and Time, a agency that describes itself as an AI-powered knowledge warehouse, introduced the launch of its Proof-of-SQL product on Aug. 2.
Proof-of-SQL is able to proving that the info returned in relevant queries is correct and has not been tampered with. This verification is achieved via zero-knowledge (ZK) proofs, which generate a SNARK cryptographic proof-of-query execution inside House and Time’s decentralized knowledge community.
Jay White, Co-Founder and Head of Analysis at House and Time, mentioned:
“We imagine that knowledge will improve the interoperability between the on-chain and off-chain ecosystems, fostering better collaboration between decentralized and conventional techniques.”
White added that Proof-of-SQL can “unlock new ranges of innovation, effectivity and person satisfaction” throughout many alternative industries together with finance, retail, healthcare, gaming, and any space that makes use of blockchain.
The product can be utilized with each on-chain and off-chain knowledge.
Proof-of-SQL related in lots of areas
House and Time famous that Proof-of-SQL is especially helpful within the monetary business, the place financial worth has a direct relationship with knowledge.
The corporate additionally described how Proof of SQL can be utilized in relation to synthetic intelligence (AI). It mentioned that the product can be utilized to confirm that giant language fashions (LLMs) are skilled on correct and tamperproof knowledge. It mentioned that this functionality can be sure that AI is utilized responsibly because it turns into extra commonplace in enterprise.
The agency moreover famous that, within the blockchain business, builders can use Proof-of-SQL to create sensible contracts and decentralized apps (dApps) which confirm knowledge with out compromising the trustless safety mannequin of blockchain.
The corporate mentioned that Lendvest, a Chainlink-powered protocol that makes use of on-chain credit score scores, is without doubt one of the first tasks to utilize Proof-of-SQL.
House and Time was based in 2022. It raised $10 million and $20 million in two separate funding rounds that yr. As blockchain and AI applied sciences proceed to evolve, Proof-of-SQL’s skill to supply knowledge accuracy and integrity might play a major function within the improvement of those sectors
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