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CryptoXTimes > Article > News > BNB Chain Supports AI Growth With SingularityNET Partnership
NewsCrypto

BNB Chain Supports AI Growth With SingularityNET Partnership

BNB Chain partners with SingularityNET to enhance decentralized AI and data solutions.

Aima Raza
Last updated: August 29, 2024 5:28 pm
Aima Raza 9 months ago
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BNB Chain Supports AI Growth With SingularityNET Partnership

In a blog post on August 29, BNB Chain and SingularityNET, which is part of the Artificial Superintelligence (ASI) Alliance along with Fetch.ai and Ocean Protocol, said they were joining forces.

The goal of the partnership is to improve decentralized storage options and boost the decentralized data market. The partnership will give people the power to control and make funds off of their personal data by using the idea of “data as an asset.” 

Expanding BNB Reach Through Integration

BNB Greenfield, The Chain’s decentralized storage solution, will be combined with SingularityNET’s technology stack to reach more people.

As AI continues to grow quickly in the blockchain ecosystem and beyond, problems like how to use generative AI in real life and concerns about deepfakes and other bad uses will stay significant. Putting SingularityNET and the ASI network together with BNB Smart Chain is a step in the right direction to solve these problems.

BNB Chain wants to help projects that want to use these solutions in the real world by giving them technical support, space to grow, and funding. Filecoin, Sia, Storj, and Arweave are some other blockchain systems that are working toward the same goals.

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TAGGED: AI, BNB, Cryptocurrencies, SingularityNET
By Aima Raza
As a practicing lawyer who focuses on issues related to crypto and blockchain, Aima gives our content a unique legal viewpoint. Because she is so good at navigating the constantly changing regulatory environment, our readers always know about the latest regulations and happenings in the crypto world.
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