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Cryptocurrency News Articles

Injective (INJ) and Fetch.ai Collaborate to Advance AI-Driven Finance with ASI

Nov 07, 2024 at 11:31 pm

Injective (INJ) has activated Inter-Blockchain Communication (IBC) channels with the Artificial Superintelligence Alliance (ASI), a collaboration that promises to enhance AI-enabled finance through blockchain interoperability.

Injective (INJ) and Fetch.ai Collaborate to Advance AI-Driven Finance with ASI

blockchain technology company Injective (INJ)has joined forces with the Artificial Superintelligence Alliance (ASI) to enhance AI-enabled finance on the Injective platform. This collaboration marks a significant step in the integration of advanced technologies within the blockchain domain.

In a recent development, Injective has activated Inter-Blockchain Communication (IBC) channels with the ASI, a collective spearheaded by Fetch.ai, SingularityNet, and Ocean Protocol. The alliance is dedicated to advancing decentralized Artificial General Intelligence (AGI) and Artificial Superintelligence.

According to an official blog post by Injective, this partnership will introduce $FET, the native token of the ASI Alliance, to Injective's decentralized applications, including Helix. Through these applications, advanced AI and autonomous agent functionalities will be integrated into Injective's decentralized finance (DeFi) ecosystem.

Injective users will be able to access $FET through Injective's decentralized applications, enabling the integration of advanced AI and autonomous agent functionalities within Injective's DeFi ecosystem. This collaboration will also benefit ASI Alliance users, who can now utilize Injective’s DeFi applications for activities like liquidity provisioning, borrowing, and trading.

This collaboration is set to open new avenues for AI-driven finance and cross-chain interactions. Injective users will gain access to a new on-chain asset, while ASI Alliance users will be able to engage in a wider range of financial activities.

Moreover, this integration will serve as a catalyst for novel use cases, collaborative research, and innovative product development. This partnership not only expands the on-chain asset dostępne to Injective users but also enriches Injective's DeFi offerings with AI-enhanced financial strategies and applications.

The activation of IBC channels marks a step forward in the fusion of AI and decentralized finance, aiming to create a more integrated and advanced blockchain ecosystem that benefits the entire Web3 community.

About InjectiveInjective is a high-performance, interoperable layer one blockchain designed for building top-tier Web3 finance applications. It provides developers with robust modules for developing unparalleled decentralized applications. Inc

News source:blockchain.news

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