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Theta EdgeCloud AI Signs Up Seoul Women’s University as Third Customer, Gains Momentum in Academia
September 05, 2024
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Theta Labs, the leading decentralized cloud for AI, media and entertainment, is excited to announce that AIX Lab at Seoul Women’s University has signed a multi-year agreement to utilize Theta EdgeCloud, joining KAIST AI and Yonsei University to leverage Theta EdgeCloud for advanced AI research.

Theta EdgeCloud, known as an innovative hybrid cloud-edge computing AI platform, is powered by the Theta Edge Network with over 30,000 distributed edge nodes, and cloud partners including Google Cloud and Amazon Web Services offering over 80 PetaFLOPS of always available distributed GPU compute power. This partnership is poised to significantly enhance the research capabilities of SWU’s AI to Everything Lab.

The partnership between Theta Edgecloud and SWU is yet another example of decentralized physical infrastructure networks (DePIN) solving real-world problems, leveraging web3 infrastructure and token incentives to improve and augment already existing technologies.

Seoul Women's University (SWU) is a prestigious private university in Seoul, South Korea, consistently ranked among the top institutions for women's education in the country. The AI to Everything (AIX) Lab is dedicated to applying artificial intelligence across various domains, including healthcare, bioinformatics, and industry-specific innovations. The lab focuses on integrating AI with real-world applications to address complex challenges in various fields, utilizing cutting-edge techniques in machine learning, deep learning, and data analytics.

The collaboration between Seoul Women’s University’s AIX Lab and Theta will be led by Professor Minseo Park, assistant professor at SWU’s Department of AI and an adjunct professor at the College of Business of KAIST, a prestigious South Korean research university.

Professor Minseo Park's research focuses on applying artificial intelligence in healthcare, bioinformatics, marketing, and industry-specific applications. She specializes in leveraging machine learning and deep learning to develop innovative solutions for complex challenges, particularly in medical AI, chronic disease management, and bioinformatics, as well as exploring AI's potential in education, marketing, real estate, finance and sports industries.

This partnership is particularly significant as it follows recent multi-year agreements with KAIST and Yonsei University, highlighting Theta EdgeCloud's competitive advantage providing cost-effective, easy to use, high-performance distributed GPU computing.

Academia AI research labs tend to be cost sensitive and often build in-house GPU server clusters utilizing NVIDIA 3090/4090s. These homegrown infrastructures are typically costly to maintain and manage, difficult to scale over time, and distracts current PhD research students with DevOps and IT infrastructure responsibilities. Additionally, these research labs utilize cloud providers such as AWS and Microsoft Azure for time critical AI training in order to meet research paper deadlines, and pay premium pricing for on-demand GPU, in many cases 2-3x the price offered by Theta EdgeCloud.

Academic institutions also gravitate towards using publicly available datasets for training open source AI models, leveraging for example, Meta’s latest Llama 3.1 large language model, Stable Diffusion’s genAI text-to-image, text-to-video models and more. They in turn share their contributions, fine-tuned models and open-source datasets with the wider research community. This research community driven, sharing philosophy matches Theta’s decentralized, open-source blockchain approach perfectly, with over 30,000 community members sharing their desktop and gaming PC GPUs forming the Theta edge network collective.

"The partnership between AIX Lab at Seoul Women's University and Theta Labs represents a significant step in democratizing AI research," said Professor Park. "As the Web3 ecosystem evolves, platforms like Theta EdgeCloud are bridging the gap between academic ambitions and practical constraints. Our work at AIX Lab, which spans healthcare to finance, demands substantial computational power that was previously cost-prohibitive. Theta's decentralized GPU network not only provides the scalability we need but also aligns with the open-source ethos of academia. By tapping into this shared resource, our students and academic team are able to focus on pushing the boundaries of AI applications without restraint.”

“We're thrilled to welcome Professor Minseo Park and the AIX Lab at Seoul Women's University to our growing network of academic partners," said Mitch Liu, co-founder and CEO of Theta Labs. "This collaboration exemplifies how DePIN platforms like Theta EdgeCloud with thousands of desktop NVIDIA 3090/4090 GPUs can deliver tangible benefits in the real world. By leveraging EdgeCloud, academic labs like AIX can compete head-to-head with commercial AI powerhouses, dramatically reducing costs while accelerating their research in big data analytics, machine learning, and deep learning. It's not just about technology; it's about democratizing AI research and ensuring that brilliant minds in academia have the tools they need to push the boundaries of innovation.”

 

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For up to date cryptocurrencies available through Robinhood:
https://robinhood.com/us/en/support/articles/coin-availability/

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Watch us break it down in the latest Stronghold 101

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Jays info:
@TheProjectUnity on X
youtube.com/c/ProjectUnity

Geoffrey Drumms info:
@TheLandOfChem on X
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We’re pleased to announce that Emory University, through its Melody Lab led by Assistant Professor Wei Jin, has joined Theta's academic partner network by adopting Theta EdgeCloud Hybrid:

https://medium.com/theta-network/emory-university-a-top-ranked-us-research-university-in-georgia-leverages-edgecloud-for-ai-dc5b95f3700e

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https://x.com/WKahneman/status/1965630841465569546?s=19

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The Great Onboarding: US Government Anchors Global Economy into Web3 via Pyth Network

For years, the crypto world speculated that the next major cycle would be driven by institutional adoption, with Wall Street finally legitimizing Bitcoin through vehicles like ETFs. While that prediction has indeed materialized, a recent development signifies a far more profound integration of Web3 into the global economic fabric, moving beyond mere financial products to the very infrastructure of data itself. The U.S. government has taken a monumental step, cementing Web3's role as a foundational layer for modern data distribution. This door, once opened, is poised to remain so indefinitely.

The U.S. Department of Commerce has officially partnered with leading blockchain oracle providers, Pyth Network and Chainlink, to distribute critical official economic data directly on-chain. This initiative marks a historic shift, bringing immutable, transparent, and auditable data from the federal government itself onto decentralized networks. This is not just a technological upgrade; it's a strategic move to enhance data accuracy, transparency, and accessibility for a global audience.

Specifically, Pyth Network has been selected to publish Gross Domestic Product (GDP) data, starting with quarterly releases going back five years, with plans to expand to a broader range of economic datasets. Chainlink, the other key partner, will provide data feeds from the Bureau of Economic Analysis (BEA), including Real Gross Domestic Product (GDP) and the Personal Consumption Expenditures (PCE) Price Index. This crucial economic information will be made available across a multitude of blockchain networks, including major ecosystems like Ethereum, Avalanche, Base, Bitcoin, Solana, Tron, Stellar, Arbitrum One, Polygon PoS, and Optimism.

This development is closer to science fiction than traditional finance. The same oracle network, Pyth, that secures data for over 350 decentralized applications (dApps) across more than 50 blockchains, processing over $2.5 trillion in total trading volume through its oracles, is now the system of record for the United States' core economic indicators. Pyth's extensive infrastructure, spanning over 107 blockchains and supporting more than 600 applications, positions it as a trusted source for on-chain data. This is not about speculative assets; it's about leveraging proven, robust technology for critical public services.

The significance of this collaboration cannot be overstated. By bringing official statistics on-chain, the U.S. government is embracing cryptographic verifiability and immutable publication, setting a new precedent for how governments interact with decentralized technology. This initiative aligns with broader transparency goals and is supported by Secretary of Commerce Howard Lutnick, positioning the U.S. as a world leader in finance and blockchain innovation. The decision by a federal entity to trust decentralized oracles with sensitive economic data underscores the growing institutional confidence in these networks.

This is the cycle of the great onboarding. The distinction between "Web2" and "Web3" is rapidly becoming obsolete. When government data, institutional flows, and grassroots builders all operate on the same decentralized rails, we are simply talking about the internet—a new iteration, yes, but the internet nonetheless: an immutable internet where data is not only published but also verified and distributed in real-time.

Pyth Network stands as tangible proof that this technology serves a vital purpose. It demonstrates that the industry has moved beyond abstract "crypto tech" to offering solutions that address real-world needs and are now actively sought after and understood by traditional entities. Most importantly, it proves that Web3 is no longer seeking permission; it has received the highest validation a system can receive—the trust of governments and markets alike.

This is not merely a fleeting trend; it's a crowning moment in global adoption. The U.S. government has just validated what many in the Web3 space have been building towards for years: that Web3 is not a sideshow, but a foundational layer for the future. The current cycle will be remembered as the moment the world definitively crossed this threshold, marking the last great opportunity to truly say, "we were early."

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US Dept of Commerce to publish GDP data on blockchain

On Tuesday during a televised White House cabinet meeting, Commerce Secretary Howard Lutnick announced the intention to publish GDP statistics on blockchains. Today Chainlink and Pyth said they were selected as the decentralized oracles to distribute the data.

Lutnick said, “The Department of Commerce is going to start issuing its statistics on the blockchain because you are the crypto President. And we are going to put out GDP on the blockchain, so people can use the blockchain for data distribution. And then we’re going to make that available to the entire government. So, all of you can do it. We’re just ironing out all the details.”

The data includes Real GDP and the PCE Price Index, which reflects changes in the prices of domestic consumer goods and services. The statistics are released monthly and quarterly. The biggest initial use will likely be by on-chain prediction markets. But as more data comes online, such as broader inflation data or interest rates from the Federal Reserve, it could be used to automate various financial instruments. Apart from using the data in smart contracts, sources of tamperproof data 👉will become increasingly important for generative AI.

While it would be possible to procure the data from third parties, it is always ideal to get it from the source to ensure its accuracy. Getting data directly from government sources makes it tamperproof, provided the original data feed has not been manipulated before it reaches the oracle.

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List Of Cardano Wallets

Well-known and actively maintained wallets supporting the Cardano Blockchain are EternlTyphonVesprYoroiLaceADAliteNuFiDaedalusGeroLodeWalletCoin WalletADAWalletAtomicGem WalletTrust and Exodus.

Note that in case of issues, usually only queries relating to official wallets can be answered in Cardano groups across telegram/forum. You may need to consult with specific wallet support teams for third party wallets.

Tips

  • Its is important to ensure that you're in sole control of your wallet keys, and that the keys used can be restored via alternate wallet providers if a particular one is non-functional. Hence, put extra attention to Non-Custodial and Compatibility fields.
  • The score column below is strictly a count of checks against each feature listed, the impact of specific feature (and thus, score) is up to reader's descretion.
  • The table represents current state on mainnet network, any future roadmap activities are out-of-scope.
  • Info on individual fields can be found towards the end of the page.
  • Any field that shows partial support (eg: open-source field) does not score the point for that field.

Brief info on fields above

  • Non-Custodial: are wallets where payment as well as stake keys are not shared/reused by wallet provider, and funds can be transparently verified on explorer
  • Compatibility: If the wallet mnemonics/keys can easily (for non-technical user) be used outside of specific wallet provider in major other wallets
  • Stake Control: Freedom to elect stake pool for user to delegate to (in user-friendly way)
  • Transparent Support: Easy approachability of a public interactive - eg: discord/telegram - group (with non-anonymous users) who can help out with support. Twitter/Email supports do not count for a check
  • Voting: Ability to participate in Catalyst voting process
  • Hardware Wallet: Integration with atleast Ledger Nano device
  • Native Assets: Ability to view native assets that belong to wallet
  • dApp Integration: Ability to interact with dApps
  • Stability: represents whether there have been large number of users reporting missing tokens/balance due to wallet backend being out of sync
  • Testnets Support: Ability to easily (for end-user) open wallets in atleast one of the cardano testnet networks
  • Custom Backend Support: Ability to elect a custom backend URL for selecting alternate way to submit transactions transactions created on client machines
  • Single/Multi Address Mode: Ability to use/import Single as well as Multiple Address modes for a wallet
  • Mobile App: Availability on atleast one of the popular mobile platforms
  • Desktop (app,extension,web): Ways to open wallet app on desktop PCs
  • Open Source: Whether the complete wallet (all components) are open source and can be run independently.

Source

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XRP: r9pid4yrQgs6XSFWhMZ8NkxW3gkydWNyQX
XLM: GDMJF2OCHN3NNNX4T4F6POPBTXK23GTNSNQWUMIVKESTHMQM7XDYAIZT
XDC: xdcc2C02203C4f91375889d7AfADB09E207Edf809A6

 

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