The story goes like this. Once upon a time, humans used to develop relationships either out of arranged marriage or through friends and even randomly meeting someplace, and then came the internet with new ways of meeting people, which changed the way we find companionship. With the coming of Deep learning and Machine learning technology, there is a change in the way the world lives. The AI technology is built to overcome the premise of group dynamicity and enable the participants to network and pair with their probable matches.
Bloomatch is an example of innovative use of Blockchain technology, which shows the wide scope in the context of the secure use of the networking platform. What we all need to do is slow down and stop underestimating the power of blockchain technology, which is a versatile medium and can be used with nuanced approaches. Bloomatch decided to structure an ecosystem that can enable an optimum matchmaking experience. The alliance of AI with blockchain makes the system a unique product which serves the ultimate purpose that is to find your true partner. The algorithm strategies work together with the secure network and build a trustworthy community, where people can meet, debate, chat, or simply talk to find a compatible life partner.
The Ethereum smart contracts which handle the trust-sensitive ownership and reward structures, as well as the core game logic which makes it work through the pool strategy paradigm. We have laid out a two-year roadmap for launching and scaling the network. Bloomatch
plans to solve the challenge by applying Machine Learning & Deep Learning algorithms which would continuously update each user’s character in the database thus facilitating relevant and focused matchmaking.
Bloomatch approaches two routes to build a character of the user; that being, ‘inbound’- At the time of signing up the user will be provided with an option to select from some general interest related topics and some focused topics. This system will enable the AI with a detailed understanding to an individual’s psychology. The second route is ‘outbound’- Here, once the user selects their interests at the application form stage our proprietary bot would crawl through all the public data available on the internet to further provision more detailed information of the user in the Bloomatch database. The public data here refers to posts and activities across multiple social media platforms. This is based on the idea that any activity on social media reflects the subconscious character a person possesses and the deep learning technology can help capture these character details.
The blockchain technology makes the system secure through the distinguishing features such as the verification and spam model. At one hand where the bot can verify the photograph of a particular user, the system approaches a user with a set of rules which must be followed, including behaving properly with other users so that they do not spam the pool. Hence, Blockchain technology makes the pool secure for the users removing any of the unwanted entities. The fake profiles is one of the major issues on the online dating applications and blockchain with its ‘public ledger’ transparency, system makes the process extremely secure and purposeful for the users.
We all are aware that the blockchain technology works through a decentralized system and the Bloomatch model works similarly. The fundamental unit of currency on the Bloomatch platform is called a Bloom, which is a cryptocurrency token. Bloomatch operates on the basis of one-Bloom, one-vote criteria. Under this model, individuals who have contributed the most to the platform, is measured by their account balance which is called match points, the more you contribute, the more you can collect. The individuals who have the most influence over the contributions are scored and incentivized accordingly.
We believe in making the world a community hub that works through the decentralized mechanism. We bring the user and the provider of the service together to build a platform which satisfies both the parties equally enabling to build an ideal circle of trust. The Blockchain Technology in collaboration with AI makes the system robust, enabling users to build a trustworthy communitarian force.
