PARAMETA and PEBBLOUS Sign MOU to Build and Activate a Blockchain-based AI Model Distribution Ecosystem

[PARAMETA and PEBBLOUS at the MOU Signing Ceremony to Build and Activate a Blockchain-based AI Model Distribution Ecosystem]

 

August 31, 2023 – ‘Web3 Enabler’ PARAMETA Corp. (formerly ICONLOOP, CEO Jonghyup Kim) announced that it has signed a memorandum of understanding (MOU) with PEBBLOUS (CEO Joohaeng Lee), an AI data quality assessment and synthetic data generation company, to build and activate a blockchain-based AI model distribution ecosystem.

The MOU is designed to combine blockchain and AI technologies to resolve issues related to ownership and copyright, which have been controversial in existing generative AI models, and to build a reliable AI model distribution ecosystem.

In this collaboration, PARAMETA will develop blockchain AI model distribution technology and build a platform, while PEBBLOUS will develop and apply security technology to protect the copyright of AI training data and models. Based on this, the two companies aim to build an ecosystem where AI model producers can directly manage, control, and distribute the AI models they create.

“PARAMETA has been paying attention to the field even before the industry's outlook on the synergy between blockchain and AI, believing that blockchain can solve the issues of the existing AI market,” said Jonghyup Kim, CEO of PARAMETA. “We plan to actively enter the AI market starting with cooperation with PEBBLOUS.”

“PEBBLOUS has secured related source technologies and patents with the goal of building a Web3-based ecosystem for data creators,” said Joohaeng Lee, CEO of PEBBLOUS. “Through cooperation with PARAMETA, we plan to expand our business into the field of copyright protection for data as well as AI models.”