CloudChain: Decentralized Marketplace for AI Compute Resources

Abstract

The artificial intelligence (AI) infrastructures have been centralized leading to limited accessibility, monopoly of computational resources, and an uneven distribution of services. CloudChain is a decentralized AI compute market that is made out of blockchain and can solve these challenges with a transparent, trustless, and fair system. It brings together decentralized storage, smart contracts, as well as token incentives to allow fairness, privacy, and auditing. Privacy is ensured through encryption and zero-knowledge proofs, task allocation, distribution of rewards and enforcement of SLA is automated through smart contracts. The performance metrics measured in a 30-day simulation of the major cloud providers (AWS, Google Cloud, Azure, Hetzner, Lambda Labs) and the community nodes included the performance measures of latency, throughput, and SLA compliance, as well as token allocation and resource utilization. Findings indicate that CloudChain does provide the necessary balance in the workloads, high quality in the service delivery, and equitable rewards among heterogeneous members. The suggested framework envisioned will create a democratized, secure, and sustainable platform of decentralized AI, enabling innovation, openness, and diversity of global AI ecosystems.