Jim 🐂⭕️

But Jim.. couldn't someone like @Google or @amazon just build their own Decentralised knowledge graph to compete with @origin_trail 🤔 Credit to @wjlivingston for the eloquent explanation 🗣️ 'Other companies have tried to create similar solutions. IBM tried to create an information sharing network that could be used for global supply chain logistics. The problem was that other companies were unwilling to upload private, sensitive data to a network that was controlled by somebody else. It created all sorts of legal issues as to who owns the data once it is on the network. The solution is to make it decentralized. Nobody owns the DKG, meaning companies can put their data on it without worrying about a competitor trying to claim ownership to it. The DKG is a neutral ground where companies can upload all of their previously siloed data and share it with other companies in whatever way they choose in a way that is completely 'trustless'. The records of that data are also forever recorded on the blockchain and a permanent record made of every movement or change of that data. Also, the DKG has been developed to comply with the most widely used business and data standards in conjunction and cooperation with the creators of those standards (BSI, GS1, etc.) It is ready to accept just about any private, siloed database and instantly update a company’s ability to share data with whomever they please under any terms they chose while maintaining ownership of their data. This ability has never existed before. Google could create a decentralized network but what would be the point? Especially when one already exists. If it is truly decentralized, they cannot own or control it, but they could benefit from the one that exists in innumerable ways. This is a very complex project and your questions are valid. Luckily, a lot of us have had years to follow and learn more about it. Adding AI into the mix and the ability for companies to create their own private section of the DKG (paranets) and use any AI of their choosing to analyse that data in whatever way they choose is a development that I don’t think anybody saw coming in the early years of this project and has turned OT into a whole new beast. This project keeps evolving into something bigger and badder. It is a ride you will want to stay on. One last point: creating a knowledge graph is expensive and labour intensive. The DKG can be used by anybody, meaning a company that previously could not justify the cost, now can. Plus, they will have access to whatever other data is uploaded on the DKG that has been made public, or can purchase data from other entities on the DKG as well as sell their own. It creates a massive knowledge marketplace where anybody can buy or sell data as needed. Add in AI agents acting as automatic brokers and you have a massive data superhighway. I think it is safe to say we are only beginning to understand its potential. I can only compare it to what it must have felt like trying to comprehend why the internet would be valuable in the early 90s.' Big 🧠s know $TRAC Also check his latest thread making @origin_trail easy to understand: teapawt.net/wjlivingston/status/18… (Give him a follow)