PlugChain’s technology development roadmap: a new chapter in “Oracle + AI + IoT”
Abstract: Whoever can tap into the value of data will hold the key to the future.
PlugChain Technology Roadmap:
- 2023 Q1-Q3: Build the basic components of the PlugChain oracle.
- 2023 Q4: PlugChain oracle protocol implementation.
- 2024 Q1-Q2: Perfect the PlugChain oracle node network.
- 2024 Q3-Q4: PlugChain will connect with IoT scenarios and plan to access IoT data.
This move not only clarifies PlugChain’s development roadmap for oracle networks but also taps into the value of “data” through technologies such as Apache Spark’s big data processing framework, on-chain AI, and IoT, which is not reflected in other oracle public chains. As the leading oracle, Chainlink only serves as a “data bridge.” This article will delve into the value logic and significance behind PlugChain’s technology development roadmap from the perspectives of Apache Spark, AI, and IoT.
01.Choose Apache Spark: Expand the Data Channel
Apache Spark is the most popular open-source big data processing framework today. Like the well-known MapReduce, Spark is used for distributed, large-scale data processing. However, as the successor to MapReduce, Spark provides more advanced programming interfaces and higher performance. In addition, Spark not only supports conventional batch processing but also provides streaming computing support.
Generally speaking, Apache Spark is used to analyze large datasets, usually in the TB or PB range. Apache Spark can be used for batch data processing, real-time streaming, machine learning, and ad-hoc queries. The processing tasks are distributed in node clusters, and data is cached in memory to reduce calculation time.
Therefore, as a powerful big data processing framework, Apache Spark is particularly suitable for fast iteration and low-latency application scenarios on blockchain data. This is also why PlugChain has added Apache Spark to its data framework to ensure that the public chain can maintain real-time access and updating capabilities while processing data on the chain at high speed. With the explosive development of the ecosystem, the influx and access to massive amounts of data are essential.
And PlugChain happens to rely on Apache Spark’s distributed computing capability to easily handle data in the GB and PB range and support high-level scalability. This means that PlugChain can add or modify data (remove old data) as demand grows to meet the evolving on-chain resource requirements.
In short, Apache Spark expands the data channel for PlugChain while improving data access efficiency, solving the problem of how to efficiently enter the Web3.0 world with massive amounts of data. Of course, in addition to this, PlugChain provides users with a truly decentralized digital identity through the introduction of DID and ensures the privacy and security of their data.
02.Embedded AI on Chain to Unlock Data Value
We know that an oracle network is a blockchain-based network designed to provide external data sources for blockchain applications. These data sources can be events and situations from the real world, such as weather, stock prices, transportation data, and so on. The task of the oracle network is to extract this data from external sources and transform it into a format that is usable by blockchain applications.
Therefore, oracles are hailed as data bridges between the Web 2.0 and Web 3.0 worlds. Chainlink is doing this, and PlugChain did the same thing before. But this time, PlugChain chooses not to be a data “porter” but to be a data value “miner”.
By embedding an AI system in the oracle network, PlugChain can achieve automated processing and analysis of data, making this data more valuable and practical. Through data analysis and training, AI can transform data into useful information and knowledge, enabling this data to be more widely applied and shared.
At the same time, embedding an AI system in PlugChain can also achieve the effect of “thousand-person marketing”. This means that everyone can obtain value from their own data. Through data analysis and matching, the oracle can match data to the corresponding application scenarios, enabling everyone to obtain value from their own data.
For example, suppose someone posts a post about healthy food on a social network. This post can be identified and analyzed by the oracle. Then, the AI system can match this person’s post with healthy food manufacturers and enthusiasts, achieving the effect of “thousand-person marketing” and enabling this person to obtain value from their post.
In addition, embedding an AI system in PlugChain can also make blockchain technology more popular and convenient. Through automated data analysis and processing, the oracle can make blockchain technology easier to apply and use. This can help more people understand and use blockchain technology, thereby promoting the development and application of blockchain technology.
In summary, embedding an AI system in PlugChain can achieve automated processing and analysis of data, making this data more valuable and practical. At the same time, it can achieve the effect of “thousand-person marketing,” enabling everyone to obtain value from their own data. Through this approach, PlugChain can make blockchain technology more popular and convenient, thereby promoting the development and application of blockchain technology.
It can be said that embedding AI on PlugChain unlocks the value of on-chain data to a great extent, promoting the benign development of public chains, as everyone will receive incentives from their “personal data”!
03.Embracing the Internet of Things: Expanding the Boundaries of Data
From the roadmap, PluChain has chosen to embrace the Internet of Things (IoT) after building a mature oracle network, first because “capital is needed to cooperate with more IoT data APIs,” and secondly, because only with a mature underlying architecture can it support complex data processing and interactions in the future.
We know that in the real world, IoT can collect a large amount of real-time data by connecting various devices and sensors, such as weather data, traffic data, and energy data. PluChain can transmit this real-time data to the blockchain system and verify and confirm it through smart contracts, making it trustworthy.
In terms of data collection, IoT has the advantage of being able to connect to various devices and sensors, thus collecting various types of data. For example, smart home systems can connect to temperature sensors, humidity sensors, light sensors, etc., to achieve real-time monitoring and control of the home environment; smart transportation systems can connect to cameras, onboard sensors, and road condition sensors to achieve real-time monitoring and optimization of traffic flow and congestion. IoT’s data collection capabilities can provide PluChain with rich, real-time, and diversified data sources to meet the needs of different scenarios.
However, the data collected by IoT may be unreliable, such as data tampering, transmission interruption, and device failure. These problems may cause inaccuracies and unreliability in the data, affecting its application and value. In this case, PluChain can play a role by transmitting the data collected by IoT to the blockchain system through the oracle network and verifying and confirming it through smart contracts to ensure the trustworthiness and security of the data. Moreover, PluChain can also compare and verify the data collected by multiple IoT devices to identify and eliminate the effects of unreliable data, thereby improving the reliability and accuracy of the data.
In addition, PluChain can achieve real-time data updates and automatic execution through the above-mentioned methods. When the data collected by IoT meets certain specific conditions, PluChain can trigger the automated operations defined in the smart contract, such as automatically turning on the air conditioning and adjusting the lighting. This automation can further improve the real-time and accuracy of the data, thus achieving more efficient data collection and utilization.
Therefore, the combination of PluChain and IoT generates a huge amount of data, and with the help of Apache Spar and on-chain AI technology mentioned above, data processing and parsing can be achieved through intelligent algorithms and analysis, enabling more application scenarios and intelligent applications. This not only promotes the landing of blockchain technology in the field of IoT, but also expands the market and application scope of blockchain technology.
Obviously, the PluChain oracle system will focus on exploring the combination of artificial intelligence, IoT, and blockchain technology in future development, further improving the efficiency and reliability of the oracle system.
In conclusion, from the perspective of technological route and direction, PluChain will take the “oracle network” as the cornerstone, and release the value of data horizontally and vertically with “AI”, “big data”, and “IoT” technology, not only expanding the channel and source of data, but also releasing the value of data, helping true personal digital marketing and the intensive growth of the digital economy. In the future, the PluChain oracle system will gradually become an important infrastructure of the Web3.0 era, laying a solid foundation for the “Internet of Everything” and “intelligent ecology”!
PlugChain is a Web3.0 public chain with core advantages of high concurrency, scalability, and security. By building an aggregated cross-chain oracle protocol and embedding an on-chain AI system, the company is committed to intelligent application scenarios with high-performance information data exchange.
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