Decentralized Machine Learning Protocol price is $0.00009124
The current price of Decentralized Machine Learning Protocol (DML) is $ 0.00009124.
Decentralized Machine Learning Protocol, often abbreviated as DML, is a blockchain-based project that aims to utilize untapped private data stored in individual devices for machine learning purposes. DML ensures that privacy is protected while this data is being used. Its unique approach involves creating a developer community and hosting competitions in the algorithm marketplace, unlocking opportunities for innovation.
The complete details about the team behind DML were not provided, but as per its website and public information, a team of professionals passionate about the intersection of machine learning and blockchain technology is responsible for its creation and continual development.
DML works by creating a decentralized protocol that encourages the use of underutilized private data in individual devices for machine learning. This process is undertaken with a keen focus on protecting data privacy. DML connects data owners, developers, and data consumers by creating an algorithm marketplace brimming with competition and innovation.
Data owners provide data that's securely encrypted and never leaves the device, developers create algorithms that run directly on the device and only outputs are shared, passed data consumers' scrutiny - ensuring the privacy of the data owner.
In addition, DML communicates across multiple blockchains, embodying a blockchain-agnostic protocol.
The uniqueness of DML lies in its innovative approach to data utilization for machine learning. The protocol encourages machine learning development by tapping into private data stored on individual devices, meanwhile protecting the privacy of data owners.
Furthermore, its developer community and algorithm marketplace makes it a conducive environment for innovation in machine learning. It maintains blockchain interoperability, making it a blockchain-agnostic protocol, breaking barriers of isolated blockchains and allowing wider access to necessary resources.
Yes, there are various significant features of DML. One key feature is the privacy protection it offers to users. By keeping the sensitive data within the device and only using its output for machine learning, DML ensures data security.
Another noteworthy feature is the community of developers and the competitive algorithm marketplace that fuels innovation in the domain of machine learning. Moreover, DML’s ability to communicate across several blockchains, making it blockchain-agnostic, distinguishes it in a scenario where most blockchain protocols are restricted to one specific blockchain.
The market cap rank of DML is #1, with a total market cap of $ .
The current circulating supply of DML is .
You can indeed purchase DML on the following exchanges: IDEX, Hotbit. It's important to remember that due diligence is crucial before you invest in any cryptocurrency. Always remember to use a reputable exchange and secure your investment properly.
In the past 24 hours, DML has increased by +0.00%, with a total trading volume of 0.2.
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