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Cryptocurrency News Articles

Masa Network Integrates with LayerZero for Enhanced Data Sharing and Blockchain Interoperability

Mar 29, 2024 at 06:01 am

Masa Network, a leading decentralized data network, has partnered with LayerZero, an interoperability protocol, to connect with other blockchains, including Ethereum, Binance Smart Chain, and future integrations with Polygon, Base, and Celo. This integration enables seamless cross-chain token transfers and enhances the interoperability of the MASA token, empowering users to own, share, and profit from their personal data.

Masa Network Integrates with LayerZero for Enhanced Data Sharing and Blockchain Interoperability

Masa Network Integrates with LayerZero for Enhanced Data Interoperability and Cross-Chain Functionality

March 8, 2023 - Masa Network, a leading decentralized personal data network, has announced a strategic integration with LayerZero, an interoperability protocol facilitating the seamless connection of blockchain networks. This integration will enable communication between Ethereum, Binance Smart Chain, and the upcoming Masa Data Network, deployed on a dedicated Avalanche Subnet.

Cross-Chain Token Interoperability for Enhanced Utility

LayerZero's Omnichain Fungible Token (OFT) Standard plays a pivotal role in this integration, enabling the interoperability of the MASA token. Users will be empowered to seamlessly transfer their tokens across multiple blockchain networks, extending the utility of the MASA token to Polygon, Base, Celo, and more.

Empowering Individuals with Data Ownership and Monetization

Masa Network is pioneering the return of personal data control to individuals. Its Zero-Knowledge Soulbound Tokens (zkSBTs) data locker securely stores social network data and digital footprints while preserving privacy. Users can leverage their personal data to train AI models, power AI agents, and drive creative AI applications. Moreover, users retain ownership, control, and the potential to profit from their data, earning MASA tokens when developers utilize it to fuel the decentralized AI market.

Driving Innovation in the AI Landscape

The integration with LayerZero augments Masa Network's position as a leader in providing privacy-first personal training data, essential for the advancement of AI applications. Masa Network has amassed over 37 million privacy data points and 1.4 million unique wallets, creating a vast repository of data that developers can tap into.

Comment from Masa Network

Calenthia Mei, Co-founder of Masa, expressed her enthusiasm about the integration: "Masa is thrilled to be integrating with LayerZero Labs, a renowned leader in interoperability. We believe that users should have the ability to own, share, and earn from their data, regardless of where it resides on the blockchain. With LayerZero's support, we are excited to unlock cross-chain interoperability from the inception of our network."

Comment from LayerZero

Simon Baksys, VP of Business Development at LayerZero, commented: "We are delighted to collaborate with Masa to empower privacy and innovation in AI development. By integrating LayerZero infrastructure with Masa's ecosystem, we will accelerate the development of personalized AI applications while ensuring that user data remains private and secure."

Unlocking the Potential of Decentralized AI

Masa Network's comprehensive solution empowers developers with the tools they need to train AI models, create innovative applications, drive decentralized advertising, and more. Additionally, Masa will provide pre-built large-language models for real-time data searches across the network, further enabling AI innovation.

This integration marks a significant milestone in the evolution of decentralized personal data networks and the development of privacy-preserving AI applications. Masa Network and LayerZero are poised to reshape the landscape of data ownership, empowering individuals and fueling the next wave of AI advancements.

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