Artificial intelligence firm SingularityNET and VeChain is now considered as the latest firm to cope up with artificial intelligence. It also has an aim of cutting down carbon emission.
Over the last few years the crypto industry has seen a great coordination between artificial intelligence and blockchain.
VeChain, which is a smart compatible blockchain which is being used for tracking the supply chain , announced a collaboration with artificial intelligence services sharing platform SingularityNET on Aug 24.
It has also been stated in a joint statement that the partnership will be merged. It will merge VeChain enterprise data with SingularityNET’s advanced artificial intelligence to increase the automation of manual processes by providing real time work.
As per the reports blockchain and artificial intelligence can solve many problems easily and precisely where traditional approaches don’t work.
Goerztzel stated that
“ The last few years have taught the world that when the right AI algorithms meet the right data on sufficient processing power, magic can happen.”
Dr. Daoyuan an AI researcher told Cointelegraph
“Inherent autonomy of AI aligns seamlessly with the decentralized and autonomous characteristics of blockchain and smart contracts,” in addition to it he also said
“It holds the potential to shift the current centralized governance prevalent in the blockchain ecosystem to a truly decentralized and self governing paradigm.”
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