Vechain & SingularityNET; Building The Future of Enterprise & Sustainability Applications
As one of the leading forces in the real world adoption of blockchain, we’re excited to share insights about our partnership with SingularityNET — a decentralised AI platform with tremendous technical expertise.
This partnership heralds a new era for smart tech, combining the key attributes of blockchain such as trustlessness and immutability with the data-sleuthing and visual-imaging capabilities of Artificial Intelligence (AI).
Our collaboration will lead to the development of new tools and services that enhance our capabilities in the field of enterprise applications, while helping us devise and launch more robust sustainability ecosystems alongside Boston Consulting Group.
Intelligent Ecosystems Defined by Trustless Data
Effective implementations of Artificial Intelligence require high quality data sources. To-date, the commercial services built on VechainThor have been supported through standards developed with world leaders in certification and auditing. This focus on compliance ensures VechainThor offers the most robust data streams; an optimal environment for enterprise AI solutions.
AI can use data in novel ways — discovering more efficient options for running services through identification of user trends, behaviours and other hidden patterns, for example. SingularityNET's AI platform can offer tremendous insights in to the functionality and efficiency of our upcoming sustainability ecosystems, by improving the tokenomic or gamification mechanisms behind them to maximise engagement and stickiness.
For enterprise, AI+blockchain unlocks powerful real time capabilities, such as spotting abnormalities in a data trail to facilitate preemptive action before problems emerge, and a whole host of other data-related insights.
AI Validation: Raising the Bar for Authenticity
Vechain’s prowess in product authenticity is only strengthened by SingularityNET’s ability to scrutinize product data, images, and sensor readings. Adding AI as an additional verification layer creates a powerful synergy that drastically enhances the individual capabilities of each respective technology.
Naturally, emerging fields necessitate research. Accordingly, we have begun discussions around a joint research initiative to bolster the potency of our combined platforms. By uniting the expertise and pioneering spirits our our R&D teams, vechain and SingularityNET can redefine the scope of technical possibility with powerful new tools.
This collaboration will see SingularityNET smart contracts launched on VechainThor, as well as a VIP-180 representation of the AGIX token and additional projects within the SingularityNET ecosystem, to be announced at a later date.
The Future is Trustless and Intelligent
Our collaboration with SingularityNET is not simply an amalgamation of two technical spheres, this congruence is a necessary facet of tomorrow’s world; a place where AI and blockchain are interwoven into the fabric of daily life.
We are trailblazing a path toward the interconnected and automated world of the fourth industrial revolution, empowering businesses and people with confidence, efficiency, and clarity around data. Blockchain + AI is the basis of tomorrow’s economy. We’re excited to take steps towards that world alongside the SingularityNET team.
About vechain
Vechain, headquartered in San Marino, Europe, is the curator of VechainThor, a world leading smart contract platform spearheading the real world adoption of blockchain technology.
Through leveraging the capabilities of ‘trustless’ data (information without intermediaries), smart contracts and IoT technologies, VechainThor has enabled solutions across a wide array of fields. Vechain now turns its attention to the greatest challenge of all — building digital ecosystems to drive sustainability and digital transformation at global scale.
Visit https://www.vechain.org to learn more.
