Teseo & the Ethereum blockchain

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A crucial relationship

What is today’s most important asset?

Answering this question is difficult. Certainly, what the current economy and reality are telling us is that information is playing a major role in our lives.The value of information and the capacity to aggregate and analyze are growing dramatically. Data, today, are one of the greatest sources of power and wealth on the planet, and it is no coincidence that IT companies are at the top of the global economic pyramid.

Who does the data belong to?

Data belongs to those who did gain access to them. The ways in which they are collected are not always regulated and lawmakers struggle with the issue of privacy, trying to stem a global phenomenon that regards “big data” such as 2.0 oil in what could be called a ” digital Wild West”.Trouble arises when our data, to which we are not able to give a worth, are priced by the market and used without our knowledge so as to generate profit.

An exponential increase in data collection: do we need more privacy?

Artificial intelligence and machine learning must collect and process a very large amount of data in order to obtain the best results. New detection technologies and a massive amount of high-tech equipment in our lives are driving the exponential growth of databases and, therefore, their power.

How do we ensure that data is protected, tamper-proof and used in a manner that meets our expectations?

The only attempt to answer this question has come from the so-called Blockchain, a shared and immutable data structure. It is a digital ledger whose entries are grouped in “blocks”, linked in chronological order and whose integrity is guaranteed by the use of cryptographic primitives. This chain is unchangeable because, as a rule, once that content has been inserted in it, it is no longer modifiable or disposable, unless the entire structure is rendered invalid.

The blockchain is a distributed database, its great potential being the ability to be used to link to a given unit of time (“time stamping“) and protect it from manipulation through the so-called proof of work.

The concept of decentralization, which is so well known in the blockchain environment, was born precisely to remove points of centralization capable of altering data or using them in a different way than described in the protocol.

Teseo & Kibi are at the forefront of data protection

Teseo has adopted these concepts as its own and has integrated the Ethereum Blockchain technology with Artificial Intelligence and Machine Learning algorithms used, for example, by Kibi, a pioneering system to support partially autonomous people who wish to maintain their self-sufficiency.

One of the cornerstones on which Kibi relies is the “Kibi AI Engine“, a software platform built on Artificial Intelligence methods, enabling Kibi to analyze big data by reasoning, solving problems, planning, learning and acting accordingly.

The data collected and generated by Kibi are tracked and managed with the utmost security, thanks to the use of Ethereum’s Smart Contracts and the IPFS system, and they can not be altered or even used outside of the system itself.

Visit the Kibi website

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