HUMAN Protocol HMT Price

What is HUMAN Protocol (HMT)?

HUMAN Protocol (HMT) is a decentralized framework designed to facilitate the creation and management of human-in-the-loop systems. It leverages blockchain technology to connect requesters needing human tasks with workers willing to complete them. The protocol aims to streamline processes that require human intelligence, such as data annotation and validation, making them efficient and scalable. HMT is the native utility token used within the HUMAN Protocol ecosystem, enabling transactions and incentivizing participants.

Who are the Founders of HUMAN Protocol?

The HUMAN Protocol was co-founded by a team of experienced professionals in technology and blockchain. Notably, the key figures include:

• Ben Goertzel: A prominent AI researcher and the CEO of SingularityNET, Goertzel has a strong background in artificial intelligence and decentralized systems.
• Rafael Katchadourian: A blockchain enthusiast and entrepreneur, Katchadourian has been instrumental in shaping the protocol's vision and execution.
• Ali A. Farghaly: With a background in engineering and project management, Farghaly contributes to the technical development of the protocol.

How does HUMAN Protocol Work?

HUMAN Protocol operates through a series of interconnected components that facilitate task distribution and completion. Here’s how it works:

• Task Creation: Requesters create tasks that require human input, which are then posted on the HUMAN Protocol network.
• Worker Participation: Workers can browse available tasks and choose those they are qualified to complete. They use their HMT tokens to participate in these tasks.
• Decentralized Validation: Once a task is completed, the results are validated by other workers or through automated systems to ensure accuracy.
• Incentives and Payments: Upon successful validation, workers are rewarded with HMT tokens, creating a self-sustaining ecosystem where quality is incentivized.

This decentralized model enhances transparency and reduces reliance on central authorities, making it a robust solution for various industries.

Top Use Cases of HUMAN Protocol

HUMAN Protocol addresses a variety of real-world applications, including:

• Data Annotation: Companies require labeled data for training machine learning models. HUMAN Protocol allows them to efficiently crowdsource this task.
• Content Moderation: Platforms can use the protocol to moderate user-generated content by leveraging the global workforce.
• Surveys and Feedback: Businesses can gather human insights through surveys conducted by diverse participants across the globe.
• Quality Assurance: The protocol can be applied in software testing, where human testers validate the functionality and user experience of applications.
• Medical Data Analysis: Researchers can use the HUMAN Protocol to gather and analyze human-centric data for healthcare studies.

How to Keep your HUMAN Protocol Safe?

To ensure the safety of your HUMAN Protocol assets and interactions, consider the following best practices:

• Use a Secure Wallet: Store your HMT tokens in a reputable cryptocurrency wallet that supports two-factor authentication (2FA) and private key management.
• Regularly Update Software: Keep your wallet and any software related to HUMAN Protocol up to date to protect against vulnerabilities.
• Be Aware of Phishing Scams: Always verify URLs and avoid clicking on links from unknown sources to prevent phishing attacks.
• Participate in the Community: Engage with the HUMAN Protocol community through official channels to stay informed about the latest security measures and updates.
• Limit Token Exposure: Only hold the amount of HMT in your wallet that you intend to use, keeping the rest in a secure cold storage solution.