Endless Genesis Cloud: A Revolutionary Infrastructure Solution for the Web3 Industry
Bangkok, November 12, 2024------The globally anticipated "W2140 World AI + Web3 Expo" was grandly held in Bangkok, Thailand, welcoming top experts and practitioners from the global Web3 and AI industries. At the conference, Professor Xiong Yu, Associate Vice-Chancellor of the University of Surrey in the UK and Director of the Blockchain and Metaverse Application Research Institute, along with the Endless technology team, officially launched the Endless Genesis Cloud. This groundbreaking distributed cloud component platform is expected to bring a significant transformation to the Web3 infrastructure sector, aiming to inject unprecedented vitality into the Web3 industry through powerful innovative mechanisms and a comprehensive technical architecture.
Nine Challenges: Urgent Issues Facing the Current Web3 Industry
In his speech, Professor Xiong Yu pointed out that the healthy development of the current Web3 industry is constrained by nine key challenges, which severely affect the popularity of decentralized applications and user experience:
- Over-reliance on financial products: The Web3 industry currently mainly relies on speculative applications such as decentralized finance (DeFi), failing to explore the potential of blockchain technology in other areas, resulting in most applications lacking real user value.
- Stagnation of innovation: With the rise of early blockchain technology, the pace of innovation has slowed, and the industry has insufficient exploration of business models and user experiences.
- Neglect of user value: Many Web3 projects fail to genuinely focus on user needs and values, leading to low user engagement and obstacles to ecological development.
- Ignoring user pain points: Current Web3 applications struggle to address users' actual needs and pain points, resulting in a complex and non-intuitive user experience.
- Deteriorating exploitative behavior: The "cutting leeks" behavior within the industry is becoming increasingly severe, leading to a lack of trust and security among users regarding Web3, affecting the industry's reputation.
- Technological fragmentation: The decentralization of Web3 technology standards and protocols leads to poor compatibility and high development difficulty, restricting technological progress and ecological interconnectivity.
- Insufficient user trust: Users have low trust in Web3 technology and its applications, especially regarding concerns about data security and privacy protection that have yet to be alleviated.
- Lack of integration with emerging technologies like AI: Current Web3 has not fully utilized the potential of AI, failing to provide users with rich intelligent experiences.
- Lack of control over user risks posed by AI: As the use of AI technology in Web3 increases, there is a lack of effective AI risk control mechanisms, posing risks to user data and privacy (Keynote2---Buildingthe_…) .
Nine Functions and Design Principles: Reshaping the Technical Core of Web3 Protocols
To address these challenges, Professor Xiong Yu proposed nine functions and design principles for the Web3 protocol, which will become the technical foundation for the next generation of Web3 protocols and bring greater inclusivity and practicality to the industry:
- User-centered value: Prioritize meeting user needs and create applications centered around user value.
- User empowerment and autonomy: Empower users with more decision-making and control through decentralized structures.
- Control over user data assets: Ensure users have complete control over their data assets to prevent data misuse.
- Fair decentralized governance: Ensure equal status for participants in the ecosystem through transparent and open governance mechanisms.
- Comprehensive AI deployment in protocols: Integrate AI technology at the protocol layer to provide intelligent functions for users and developers.
- Providing powerful AI functions for users: Ensure users can use AI technology intuitively to enhance their experience.
- Friendly AI integration APIs: Simplified API interfaces allow developers to quickly and conveniently integrate AI functions.
- Supervision and regulation of AI usage: Regulate the use of AI functions to ensure user privacy and security.
- Support for integration and interoperability of AI technologies: The platform should have high compatibility to adapt to different AI technology application scenarios.
Innovative Solutions of Endless Genesis Cloud: Perfect Integration of Nine Principles
Subsequently, Dr. Amit Kumar Jaiswal, the Technical Director of Endless Genesis Cloud, introduced how the platform successfully implements the nine design principles through a series of innovative mechanisms, opening a new chapter for the Web3 industry. The main innovations of this platform include:
- Modular distributed network architecture: Endless Genesis Cloud adopts a modular design and distributed Relay network, allowing developers to choose suitable components based on needs and flexibly build decentralized applications (DApps). This flexibility significantly lowers the development threshold and grants users and developers more autonomy, aligning with the design principle of "user empowerment and autonomy."
- Privacy protection and data security: The platform introduces zero-knowledge proofs and data encryption technologies to ensure the high security of user data and virtual assets, allowing users to truly realize data sovereignty in the Web3 world. This mechanism perfectly responds to the principles of "control over user data assets" and "user privacy protection," ensuring users can fully control and protect their data.
- Cross-chain data and asset integration: Endless Genesis Cloud supports seamless integration of multi-chain assets and data, enhancing interoperability between blockchains and providing a solid foundation for the interconnectedness of the Web3 ecosystem. This innovation aligns with the principle of "support for integration and interoperability of AI technologies," allowing resources and data from different blockchain platforms to flow smoothly.
- Core AI functions and API integration: The platform embeds AI-generated content (AIGC), automatic translation, AI payment, and other functions, providing user-friendly API interfaces for developers to quickly call AI functions, enabling intelligent decentralized application development. These features meet the principles of "comprehensive AI deployment," "providing powerful AI functions for users," and "friendly AI integration APIs," seamlessly integrating AI with Web3 in practical applications, bringing users a convenient intelligent experience.
- Risk control and regulation: Endless Genesis Cloud has established a comprehensive AI risk control and regulatory mechanism to safeguard user privacy and data security. This regulatory measure not only enhances the platform's credibility but also allows users to enjoy AI empowerment without worrying about privacy breaches, perfectly aligning with the design principle of "supervision and regulation of AI usage."
Vast Application Scenarios of Endless Genesis Cloud: Pioneering the Future of Web3
The ecosystem of Endless Genesis Cloud focuses on three major application areas: Super Dapp, AI-native applications, and decentralized financial applications. The platform will meet diverse user needs through applications such as privacy-protecting social media, short videos, and cross-border e-commerce, facilitating a seamless transition from Web2 applications to Web3. Professor Xiong Yu emphasized that the goal of Endless Genesis Cloud is not only to lower the development threshold for Web3 applications but also to achieve value co-creation for users and developers, promoting a shift in Web3 from a speculation-driven model to a long-term ecology centered on user empowerment.
Leader in Technological Transformation: The Global Impact of Endless Genesis Cloud
In his speech at the launch event, Professor Xiong Yu profoundly pointed out that the release of Endless Genesis Cloud marks the beginning of a new era in the Web3 infrastructure sector, possessing all the key elements to drive industry transformation. Experts present expressed that Endless Genesis Cloud, through its unique technical architecture and innovative design concepts, provides a solution that truly meets user needs for Web3. It not only addresses the key challenges in the development of Web3 but also builds a solid bridge for the integration of Web2 and Web3, injecting new momentum into the future digital economy.
The launch of Endless Genesis Cloud has attracted the attention of developers and enterprises worldwide, and the innovative technologies and sustainable design concepts showcased by the platform herald a significant transformation in the Web3 industry. With the widespread application of this platform, the future Web3 ecosystem will be more open, inclusive, and user-centric, and Endless Genesis Cloud will undoubtedly become the core driving force for the popularization of decentralized technology.