Endor Makes AI-Powered Predictions Platform Available to the General Public
Endor, a firm that runs automated predictions on encrypted Data, has successfully announced the release of its Endor Protocol according to a tweet from the official Endor twitter handle, @EndorProtocol. This is coming after a few years of improving on its predictive analytics service.
The Endor Protocol is driven by MIT’s Social Physics technology and allows institutions and individuals alike, to make an analysis of extremely voluminous data and also creates computerized and precise forecasts. The official tweet read:
“We are very excited to release the Endor Protocol today!!!
Bringing our vision to life is a huge milestone for Endor and we are very proud of our team which reached this goal even earlier than expected.”
Usage of the Endor Protocol
The Endor Protocol was created by two researchers named Prof. Alex ‘Sandy’ Pentland, and Dr Yaniv Altshuler. Initially, it was exclusively for major institutions and big businesses who could afford to spend heavy resources in the creation of large teams who would be focused on the required process for the data analysis and its interpretation for extracting these predictions.
These forecasts can help detect trends in, for example, user behaviour and this could easily be used by various institutions in various sectors. According to Dr. Yaniv Altshuler:
“We are extremely excited to officially launch the first version of the Endor Protocol. Our vision from the company’s inception was to enable anyone, regardless of size and budget, to benefit from advanced AI and predictive analytics at an affordable price. Bringing our vision to life is a huge milestone and I’m proud of our team reaching this goal even earlier than expected. We now invite data owners to apply for potential data partnerships and join us in the AI revolution.”
Security and User Privacy
The Social Physics technology used by Endor is also able to work on the most encoded of data such that entities that need to, can generate these forecasts in such a way that privacy is properly preserved.
Dr. Stuart Haber who is a part of the scientific advisory board of Endor and also a Blockchain co-inventor and cryptographer, said:
“Recent data security and safety breaches have become huge barriers for companies to use their own data efficiently. The surprising power of Endor’s proprietary Social Physics based prediction engine is the high quality of its predictions, even when the underlying data elements are encrypted. Now you can generate accurate business predictions while keeping your data safe.”
More Inclusive Use
Charles Hoskinson who is the CEO of Cardano and also one of Endor’s advisors, has spoken on the importance of making this technology available to everyone and not just big businesses alone.
“Endor’s platform makes AI-powered business predictions scalable and accessible to the masses. This is an important step towards democratizing access to AI and Data Science as such advanced technologies were previously available only to large companies with deep pockets.”