The blockchain technology networks Fetch.ai,
SingularityNET, and Ocean Protocol, recently merged their projects to create a
decentralized form of artificial intelligence (AI). According to a statement by Fetch.ai, this
collaboration aims to democratize access to AI technologies while ensuring
their benefits are distributed equitably.
Embracing Decentralization in AI
Named Superintelligence Alliance, the partnership is
driven by a shared vision of harnessing the potential of AI potential for the
benefit of humanity. Fetch.ai, SingularityNET, and Ocean Protocol plan to
merge their tokens into a single currency dubbed Artificial Superintelligence
(ASI). The trio has highlighted the need for decentralized control to prevent
AI from being monopolized by a few entities.
We are excited to announce a multi-billion token merger with @Fetch_ai and @oceanprotocol to create the Artificial Superintelligence Alliance, the largest open-sourced, decentralized network, and accelerate the race to AGI. Learn more: https://t.co/zT8Q1HbkEv pic.twitter.com/2U3VbeFfW5
— SingularityNET (@SingularityNET) March 27, 2024
This universal AI token aims to streamline
transactions within the alliance’s ecosystem and facilitate collaboration among
developers, researchers, and users. With a combined value of $7.5 billion, the
alliance positions itself as a formidable player in the AI industry.
By merging their resources and expertise, Fetch.ai,
SingularityNET, and Ocean Protocol seek to create a decentralized ecosystem
where AI development is open, transparent, and inclusive. Dr. Ben Goertzel, known as the “Father of
AGI,” leads SingularityNET, while Humayun Sheikh and Trent McConaghy
spearhead Fetch.ai and Ocean Protocol, respectively.
Artificial Superintelligence
To ensure effective governance, the alliance will
establish a governing council comprising leaders from Fetch.ai, SingularityNET,
and Ocean Protocol. Community input will be solicited, with governance
proposals subject to approval by the majority.
If successful, the token merge will proceed, signaling
a new era of collaboration and innovation in decentralized AI. With a focus on
inclusivity and shared values, the Superintelligence Alliance is poised to lead
the charge toward a more equitable and accessible AI landscape.
Last year, blockchain technology and the AI sector
experienced unprecedented growth. According to a report by Finance Magnates,
the convergence of AI and blockchain technology promises to revolutionize user
experiences and reshape the landscape of Crypto and Web3. The fusion of AI and blockchain
brings personalization and optimization to crypto and Web 3.
User-centric design is crucial for bridging the gap between
users and technology in crypto and Web 3. Platforms like Audius prioritize user
experience, allowing seamless interaction with crypto technologies for music
and art enthusiasts. By focusing on user needs and behaviors, user-centric
design enhances usability and accessibility.
This article was written by Jared Kirui at www.financemagnates.com.CryptoCurrencyRead More