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Cryptocurrency News Articles

Fetch.ai and SingularityNET Activate AI-Powered IBC Channels, Unlocking New Opportunities for Developers and Users

Nov 28, 2024 at 05:43 pm

In parallel, a groundbreaking development has emerged within the Injective ecosystem. The ASI Alliance, comprising Fetch.ai, SingularityNET, and Ocean Protocol, has activated AI-powered Inter-Blockchain Communication (IBC) channels.

Fetch.ai and SingularityNET Activate AI-Powered IBC Channels, Unlocking New Opportunities for Developers and Users

Fetch.ai’s native token, FET, is now available for trading on Injective’s decentralized exchange, HelixApp. This integration marks a crucial step in merging AI advancements with decentralized finance.

With Fetch.ai’s technology and the ASI Alliance’s vision, the Injective network is set to spearhead decentralized AI development.

As part of the collaboration, Fetch.ai’s native token (FET) is now listed on Injective’s decentralized exchange, HelixApp. This integration enables traders to seamlessly access and trade FET, expanding the token’s reach and liquidity.

Moreover, the partnership provides developers with the tools to build AI-driven strategies and enhance their dApps and products with cutting-edge AI technology. This capability can accelerate the creation of innovative decentralized applications and services.

Additionally, ASI Alliance users can now leverage their tokens within the Injective ecosystem for a range of DeFi activities, including liquidity provisioning, borrowing, and trading. This integration combines the benefits of decentralized finance with the ASI Alliance’s diverse token offerings.

News source:themerkle.com

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