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What is cognitive computing?

Although computers are better at processing and performing calculations, they still have not been able to perform some of the simplest tasks for humans. With cognitive computing, machines are bringing human intelligence to a range of business applications, including big data. In this article, you will learn about what cognitive computing is.

Cognitive computing comes from cognitive science - the study of the human brain and how it works - and computer science. However, to give a definition of cognitive computing that covers all aspects of this science, you need to look a little deeper.

1. Cognitive Computing is not the only technology: it uses several technologies and algorithms to infer, predict, and understand information. These technologies include artificial intelligence and machine learning algorithms that help train the system to recognize patterns and understand speech, recognize patterns, and, through repetition and learning, produce even more accurate results over time. Through natural language processing systems based on semantic technology, cognitive systems can understand the meaning and context in language, providing a deeper and more intuitive level of discovery and even interaction with information.

2. Cognitive Computing Systems Are Not Programmed, They Learn: The above technologies help cognitive computing systems acquire knowledge and learn from it as it develops. Instead of being programmed with a strict set of linear or logical answers or rules, cognitive computing uses an approach that allows them to come up with an answer or make an informed choice in a way that resembles human thinking. New information and interactions with people and data can help improve and refine its understanding and accuracy over time.

Differences of cognitive computing systems from traditional technologies

Traditional technologies:

1. Count and count the numbers.

2. Rely on structured queries and predefined rules to generate responses.

3. Can't handle unstructured data without significant programming.

Cognitive computing systems:

1. Understand meaning and relationships.

2. Learn and draw conclusions from interaction with people and information.

3. Understand human, non-linear communication and extract useful information.

4. Get values ​​from any kind of text and include unstructured data in the analysis.

Cognitive computing comes naturally to big data, which is largely unstructured information, high-quality data that is text rather than numbers, such as email, social media posts, customer surveys, news reports, and more. Where traditional systems are built to process structured data, cognitive systems can process the textual portion of unstructured information that contains important context and meaning beyond the underlying data.

Ambire is the new name of AdEx Network - a company developing describes itself as a new-generation solution for digital advertising and a DeFi-focused crypto wallet.

Ambire originated in 2017 as a decentralized ad exchange and subsequently expanded into a full protocol for trading of advertising space/time. Later on, the team added Ambire wallet to the company portfolio.

The Ambire AdEx protocol It covers all interactions between publishers, advertisers and end users. It works through micropayments on Ethereum by utilising the OUTPACE layer 2 payment channels, and offers DeFi staking of its native ADX token.

The Ambire team also develops an open source platform built on top of the Ethereum implementation of the protocol, available at https://platform.adex.network/. Since the public launch of the platform in 2020, it has gained more than 16,000 registered users and has processed billions of micropayments on the blockchain.

ADX is the native utility token that is used for incentivizing validator uptime and ensuring the smooth running of all advertising campaigns on the Ambire AdEx platform.

Validators are appointed for each advertising campaign on the platform, and are responsible for processing the micropayments between publishers and advertisers through layer 2 payment channels. The more tokens are staked, the stronger the reliability guarantees of the validator network. As of late 2021, the staking APY is over 45%.

Staking

In January 2020, Ambire launched the company’s staking portal to support the work of the ad exchange. With this option, ADX holders can receive rewards for staking their tokens. These rewards were initially limited to a portion of the validator fees paid per campaign on the Ambire AdEx advertising platform. In September the same year, staking was expanded to include security mining as well, and soon after a Loyalty Pool was added too, using Chainlink price feeds.

Learn more about staking

Ambire Wallet

Ambire Wallet is a full-featured cryptocurrency wallet, designed to simplify and democratize using crypto and DeFi tools in everyday life. Designed for both crypto novices and veterans, it offers accessible UX, hassle-free onboarding, automatic gas management, hardware wallet support and much more. Ambire Wallet is the easiest and simplest way to enter the world of decentralized finance and cryptocurrencies. The wallet is currently in private Beta, expected to be released to the general public soon.

How Many ADX Coins Are There in Circulation?

Ambire (then AdEx Network) launched on June 30, 2017 with 100,000,000 ADX tokens created at that date. In September 2020, the company team performed a token upgrade that allowed for an additional 50 million tokens to be minted. To date, the total number of coins in circulation is 114,160,982 ADX.

Who Are the Founders of Ambire?

Ambire was created by Ivo Georgiev and Dimo Stoyanov - seasoned entrepreneurs with a track record of success. The duo is also the powerplant behind the media streaming platform Stremio that has 18+ million users around the globe.

Today, a team of 20 professionals works on the Ambire advertising platform and DeFi wallet.

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PERPETUUM is a deflationary token that installs ethereum and bitcoin mining farm with the benefits of its tokenomy.

With the benefits of the mining rig, the PERPETUUM token is repurchased and then the bought tokens are sent to the dead wallet.

This produces a constant increase in liquidity that helps to raise the price floor, adding liquidity that will never be extracted again by those purchases, hence adding true value to the holders.

Part of the buyback is used again through the tokenomics to the system, therefore being classified as a perpetual system.

MoonRock - A DeFi ecosystem with community fund pools that invest and build DeFi, Meta, and Web 3.0 Utilities. To put it simply, MoonRock trades, farms, lends, and provides capital to new projects. The profits generated from these activities are used to buyback-and-burn ROCK tokens. Therefore, MoonRock has a deflationary supply.