Theta Labs is the latest company to be awarded U.S. Patent 12,056,730 for “Edge Computing Platform supported by Smart Contracts with Off-Chain Solution Verification.” This patent is just another level in Theta’s unique Edge Network’s ongoing evolution, and it is a significant point on their path. This latest patent—which is now live on the USPTO website page—serves as a testament to how committed the Theta team has been to pushing for innovation regarding decentralized systems.
This is the latest patent to be granted in a series of Theta patents, including high-scalable decentralized systems, peer-to-peer solutions, digital rights management, and edge networks.
This new patent is particularly interesting because it explicitly addresses off-chain validation of distributed computing tasks, an essential piece in the puzzle for decentralizing large-scale AI model training. This feature makes Theta the leader in the decentralized computing space through its EdgeCloud platform.
EdgeCloud also already supports Generative AI and custom-trained AI models, as well as decentralized streaming and video encoding/transcoding. Yet this new patent makes possible such a wide array of computing use cases, from AI and smart grids to IoT, cloud gaming, and rendering, among many others.
Theta edge network is inexpensive and has flexible, pay-as-you-go models. It can use real-world resources in the network previously used to launch a computation power of untapped potential with Theta-based tokens such as TFUEL or TNT20. As these use cases grow, so will the demand for node operators.
The most critical innovation in this patent is the off-chain solution verification, which makes it possible for EdgeCloud to process complex AI model training. Leveraging the computing power of thousands or potentially millions of distributed Edge Nodes, Theta can handle GPU-intensive requirements from AI models. With off-chain verification, however, these distributed devices can operate as one unified network without each device having to participate in the on-chain verification process before it moves on to the next task.
Unlike the current centralized, volunteer-driven solution provided by other distributed computing projects, Theta EdgeCloud is a completely decentralized platform. The platform rapidly and securely shares resource rewards among the highest-rate participants, increasing user activity. This not only adds to Theta’s technological base but also creates the path for a wider implementation of decentralized computing in different industries.
Source: https://www.cryptonewsz.com/theta-labs-awarded-us-patent-for-decentralized-edge-computing-platform/