Cenit Finance has changed its name to “Space and Tokens” because it is now part of the Space and Time product suite.
The rebranding and integration are meant to give developers more advanced tools to improve tokenomics. These tools will include things like better market risk prediction, better token utilities, and more stable vesting plans.
Cenit Transforms To Space And Tokens
Space and Time, which is backed by Microsoft’s M12, will use its verifiable computing layer to give Space and Tokens confirmed on-chain data. With this integration, developers will be able to use Space and Time’s decentralized database and AI to make smart contracts that are based on data and complex coin economies.
Space and Tokens will also benefit from Space and Time’s no-code AI Studio, which lets users make insights and dashboards about behavior on the blockchain.
Carlos Bort, co-founder of Cenit Finance and now Head of Web3 Data Solutions at Space and Time, talked about how real-time, confirmed data could be used to constantly watch and improve tokenomics.
This agreement is a big step forward in combining AI and blockchain technologies to make token economies work more effectively and be more secure.
Karak also added Space and Time’s zero-knowledge coprocessor solution earlier this year to its Distributed Secure services to make them safer and give out awards that cannot be hacked.
