NEMar 23, 2019
Coin.AI: A Proof-of-Useful-Work Scheme for Blockchain-based Distributed Deep LearningAlejandro Baldominos, Yago Saez
One decade ago, Bitcoin was introduced, becoming the first cryptocurrency and establishing the concept of "blockchain" as a distributed ledger. As of today, there are many different implementations of cryptocurrencies working over a blockchain, with different approaches and philosophies. However, many of them share one common feature: they require proof-of-work to support the generation of blocks (mining) and, eventually, the generation of money. This proof-of-work scheme often consists in the resolution of a cryptography problem, most commonly breaking a hash value, which can only be achieved through brute-force. The main drawback of proof-of-work is that it requires ridiculously large amounts of energy which do not have any useful outcome beyond supporting the currency. In this paper, we present a theoretical proposal that introduces a proof-of-useful-work scheme to support a cryptocurrency running over a blockchain, which we named Coin.AI. In this system, the mining scheme requires training deep learning models, and a block is only mined when the performance of such model exceeds a threshold. The distributed system allows for nodes to verify the models delivered by miners in an easy way (certainly much more efficiently than the mining process itself), determining when a block is to be generated. Additionally, this paper presents a proof-of-storage scheme for rewarding users that provide storage for the deep learning models, as well as a theoretical dissertation on how the mechanics of the system could be articulated with the ultimate goal of democratizing access to artificial intelligence.
CYDec 13, 2018
Data-Driven Interaction Review of an Ed-Tech ApplicationAlejandro Baldominos, David Quintana
Smile and Learn is an Ed-Tech company that runs a smart library with more that 100 applications, games and interactive stories, aimed at children aged two to 10 and their families. The platform gathers thousands of data points from the interaction with the system to subsequently offer reports and recommendations. Given the complexity of navigating all the content, the library implements a recommender system. The purpose of this paper is to evaluate two aspects of such system focused on children: the influence of the order of recommendations on user exploratory behavior, and the impact of the choice of the recommendation algorithm on engagement. The assessment, based on data collected between 15 October 2018 and 1 December 2018, required the analysis of the number of clicks performed on the recommendations depending on their ordering, and an A/B/C testing where two standard recommendation algorithmswere comparedwith a randomrecommendation that served as baseline. The results suggest a direct connection between the order of the recommendation and the interest raised, and the superiority of recommendations based on popularity against other alternatives.
APSep 13, 2018
Identifying Real Estate Opportunities using Machine LearningAlejandro Baldominos, Iván Blanco, Antonio José Moreno et al.
The real estate market is exposed to many fluctuations in prices because of existing correlations with many variables, some of which cannot be controlled or might even be unknown. Housing prices can increase rapidly (or in some cases, also drop very fast), yet the numerous listings available online where houses are sold or rented are not likely to be updated that often. In some cases, individuals interested in selling a house (or apartment) might include it in some online listing, and forget about updating the price. In other cases, some individuals might be interested in deliberately setting a price below the market price in order to sell the home faster, for various reasons. In this paper, we aim at developing a machine learning application that identifies opportunities in the real estate market in real time, i.e., houses that are listed with a price substantially below the market price. This program can be useful for investors interested in the housing market. We have focused in a use case considering real estate assets located in the Salamanca district in Madrid (Spain) and listed in the most relevant Spanish online site for home sales and rentals. The application is formally implemented as a regression problem that tries to estimate the market price of a house given features retrieved from public online listings. For building this application, we have performed a feature engineering stage in order to discover relevant features that allows for attaining a high predictive performance. Several machine learning algorithms have been tested, including regression trees, k-nearest neighbors, support vector machines and neural networks, identifying advantages and handicaps of each of them.