New York, NY-based Spectral Inc. is one of the first core financial services companies that will transform the blockchain and artificial intelligence (AI) junction with its unique platform. Established in 2021, Spectral aims to build an Inference Economy for Web3, whereby ‘machine intelligence’ can be consumed directly through smart contracts. This is enabled by their innovative marketplace which brings together AI and ML specialists and smart contracts and employs zkML to confirm the correctness of inferences.

On the platform, the Creators are the ones who propose challenges, set performance standards, and offer rewards. They are also the ones who receive compensation for the inferences they provide to counter these challenges. The inference streams, as described above, can be gradually tapped into and become more specific to meet the data science and ML needs of the consumers, making the process more cost-efficient and the Spectral community more widespread.