Hundreds Of Millions Of Micropayments Are Coming To Elrond Via Human Protocol

Beniamin Mincu
·
Aug 09, 2021
·
4 min read
https://www.humanprotocol.org

The HUMAN Protocol Foundation is reinventing the way humans and machines work together. By connecting the world’s workforce to the limitless demand for human annotation of raw data, the HUMAN Protocol is designed to expand opportunities for hundreds of millions of people around the world while efficiently tackling the vast need for human reasoning in building revolutionary AI systems.

HUMAN Protocol enables a blockchain-based labor marketplace. Requesters share tasks that require human reasoning and Workers solve them to earn HMT.

They have collaborated with hCaptcha - a bot-blocking application used by ~15% of the internet, which has been favored to Google’s reCAPTCHA primarily because it enables the payment of websites for the work their visitors do when they complete a CAPTCHA. HUMAN is the vision to support the on-chain deployment of this application, and many more.

hCaptcha runs on HUMAN Protocol

The relatively simple “click all pictures with cats” challenge to prove that you are human is extremely useful for training AIs to better understand what they see.

By integrating tools such as the Intel CVAT (Computer Vision Automation Tool), data exchanges built on HUMAN Protocol are able to cater to a wide range of data processing needs and to rapidly make tasks available to Workers according to their capabilities and reputation.

Intel CVAT

Originally launched on Ethereum, HUMAN Protocol has expanded to include a multi-chain strategy in order to continue on their mission of creating a truly global work marketplace.

Elrond Network, the internet-scale blockchain that is currently capable of processing 15,000 transactions per second and can scale beyond 100,000 TPS, is an obvious choice for the protocol’s high throughput needs. This is possible through the Adaptive State Sharding technology that enables it to scale with demand by adding new shards as needed, each capable of processing an additional 5,000 TPS.

The smart contract platform has features that are unique in the blockchain space, such as smart accounts or tokens embedded into the protocol. It is also carbon negative by offsetting more CO2 than it accounts for, meaning that every transaction on Elrond has a positive impact on the environment.

The Elrond Network’s high throughput, low latency, inexpensive transfers, rich features, and sustainability combine to offer a compelling and powerful layer of trust that will equip the HUMAN Protocol with the capability to onboard hundreds of millions of users into decentralized work pools and dispense billions of rewards as micropayments.

The collaboration will focus on building the tools and integration mechanisms through which data exchanges can be built on Elrond. This will allow workers anywhere in the world to select tasks, enter their Maiar @herotag, and get paid for their labor.

“With hundreds of millions of people powering through the immense workload required for training neural networks, the field of machine learning is set to make enormous progress. We’re excited to contribute the Elrond Network capabilities to the HUMAN Protocol mission and establish a global network of workers operating at an internet-scale.” said Beniamin Mincu, Elrond Network CEO.
“The Elrond Network throughput can make HUMAN Protocol operate as we originally envisioned, by allowing us to enable features for which there simply was no blockchain bandwidth. Elrond’s capabilities have captured our imagination for new features and designs. Elrond’s technical brilliance can unhinge the potential of the Protocol; this kind of innovation can help us as we seek to transform the way humans work. ” said Harjyot Singh, Technology & Crypto Director.

About Elrond

Elrond is the internet-scale blockchain, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 15,000 transactions per second (TPS), with 6-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.

About HUMAN Protocol Foundation

HUMAN Protocol Foundation is on a mission to usher in the next evolution of machine intelligence: letting machines ask people directly for the data they need to improve, at scale. Focused on teaching computers to be more human, the Foundation democratizes access to machine learning technologies. The Foundation is focused on bootstrapping the infrastructure which has enabled the labeling of massive datasets with hCaptcha, a bot blocking Captcha technology that asks users to label what they see in different images to prove they are human.

https://www.humanprotocol.org/


For more information, please visit us:


#ecosystem

Written by
Beniamin Mincu
CEO, Elrond Network