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Blockchain and AI can be the next level of development for Web3: Here’s how

April 14, 2024
Reading Time: 3 mins read
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Presented by AgentLayer

aelf and AgentLayer have shaped a strategic partnership to spearhead decentralized AI innovation within the Web3 house. The collaboration focuses on growing AI-powered blockchain merchandise, partaking the neighborhood and enhancing the ecosystem.

The mixing of artificial intelligence (AI) and blockchain expertise is seen as a strategy to handle the centralization considerations surrounding AI improvement. Whereas tech giants have benefits in information entry and computing infrastructure that facilitate AI mannequin improvement, this additionally raises points in regards to the centralization of management over information.

Blockchain expertise, with its decentralized ledger programs, gives a possible resolution to democratize entry to AI applied sciences which are at present restricted to some giant firms. By combining AI capabilities with blockchain’s decentralized structure, aelf and AgentLayer purpose to empower a wider vary of innovators and builders to create AI-powered purposes and providers inside the Web3 ecosystem.

A high-performance layer 1 optimized for AI integration 

aelf is a layer 1 blockchain community designed to energy the event of Web3 purposes. It gives a modular structure with options like parallel processing, cross-chain bridges and a mainchain-sidechain mannequin to ship excessive throughput, scalability and interoperability. aelf goals to revolutionize the blockchain house by fostering a better, self-evolving ecosystem via its assist for decentralized AI integration. Builders can construct DApps and good contracts utilizing aelf’s SDKs in varied programming languages, and its AI-enhanced structure allows environment friendly distribution and rebalancing of computational hundreds.

aelf is partnering with AgentLayer, a layer 2 blockchain community designed to coordinate autonomous AI brokers, to reinforce its AI capabilities of the blockchain and assist a extra strong AI brokers ecosystem. Collectively, aelf and AgentLayer purpose to collectively rework AEVOLVE Labs right into a cutting-edge decentralized AI hub for open analysis, mission incubation and acceleration to drive the sustained progress of the decentralized AI ecosystem. 

aelf and AgentLayer anticipate the emergence of superior decentralized AI brokers, information networks and compute infrastructures that may drive improvements that aren’t possible with every expertise working independently. Transferring ahead, the companions will deal with growing a complete suite of core layer 1 (L1) and layer 2 (L2) initiatives, decentralized computing networks and AI brokers. Using AI brokers to automate and confirm good contracts can scale back human errors and biases, resulting in extra dependable and honest agreements.

aelf and AgentLayer are focusing on creating a comprehensive decentralized AI stack. Source: aelf

aelf and AgentLayer are specializing in making a complete decentralized AI stack. Supply: aelf

Moreover, AgentLayer and aelf will discover the potential of the Preliminary AI Providing (IAO) mannequin, a novel strategy to asset issuance tailor-made particularly for AI and Web3 initiatives. The aim of the IAO mannequin is to advertise the creation, distribution and administration of AI belongings in a clear, safe and decentralized surroundings.

Money in on the booming decentralized AI agent ecosystem

The first aim of the partnership between aelf and AgentLayer is to combine AI capabilities into aelf’s blockchain community to create a extra clever, self-evolving blockchain ecosystem. Emphasizing the significance of the collaboration, aelf founder Auric said:

“This alliance goes past expertise. It’s a dedication to creating an ecosystem the place AI and blockchain not solely coexist however thrive collectively to ship unprecedented options.”

By harnessing the potential of AgentLayer’s autonomous AI brokers with aelf’s high-performance layer 1 blockchain, the 2 corporations purpose to set the stage for a transformative leap in decentralized AI infrastructure. “As aelf and AgentLayer navigate towards a decentralized future, our joint efforts are poised to rework the technological panorama by merging blockchain with AI capabilities, ushering in a brand new period of extra strong, safe and clever decentralized AI brokers,” commented professor Liu Yang, co-founder of AgentLayer. “This strategy lays the inspiration for a extra interconnected and automatic world, promising unprecedented alternatives for innovation and collaboration within the digital age.”

Disclaimer. Cointelegraph doesn’t endorse any content material or product on this web page. Whereas we purpose at offering you with all vital info that we may receive on this sponsored article, readers ought to do their very own analysis earlier than taking any actions associated to the corporate and carry full duty for his or her choices, nor can this text be thought-about as funding recommendation.



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