Use Cases

AI will be the next big thing and upgrade of smart contracts in DApps. How to make smart contracts smarter with AI. We would like to introduce several use cases where smart contracts can leverage AI.

IO net also supports regular centralized applications in using AI APIs on the decentralized IO net marketplace. Users can find better AI providers with better price in this marketplace.

NFT audit and copyright management

In order to support a transparent and truly trustless NFT ecosystem, IO net has developed aiRight, a complete copyright management and farming platform for NFTs that harnesses the power of the world’s first AI Oracle to determine authenticity and point of origin for multimedia works minted on-chain.

Flexible smart contracts using face authentication

There are several scenarios in which face authentication is very useful as follows:

• Using your face to get your balance instead of using a private key.

• Withdraw using your face

• Using your face in order to reset your private/public key pair.

• Using both your private key and face in order to execute a smart contract.

Using face authentication might be riskier than a private key, but it helps increase user experience. In cases of checking balance and withdrawing tokens to registered wallets, face authenticatiion is safe and convenient.

Fake news detection using different AI providers from IO net

This use case focuses more on a regular application that wants to check if the news can be trusted. IO net provides a marketplace in a decentralized manner in which combining results from different providers is possible. If the providers want to receive payments, their APIs must pass the test cases, which is when the APIs return the correct results of your own test cases.

More other use cases is coming soon

• Smart contracts help check if a product is fake in the supply chain.

• Smart contracts deciding a loan based on users’ credit score.

• Smart contracts automatically pricing game items based on their characteristics and DNA.

• Marketplace of automated diagnostics for X-ray images, spam classification, handwriting detection using OCR, and citizen ID card detection using OCR.