VeChain and SingularityNET team up on AI to fight climate change
Ben Goertzel, CEO of SingularityNET, says AI and blockchain have the potential to solve problems that traditional mechanisms have "systematically and failed miserably”.
News Join us on social networksArtificial intelligence company SingularityNET and blockchain company VeChain have become the latest companies to combine blockchain with artificial intelligence – this time, with the aim of reducing carbon emissions.
Over the past year, the crypto industry has seen increasing collaboration between blockchain and AI technology.
On August 24, VeChain — a smart-contract-enabled blockchain used for supply chain tracking — announced a strategic collaboration with decentralized AI service-sharing platform SingularityNET.
In a joint statement, the companies said the partnership will merge enterprise data from VeChain with SingularityNET's advanced AI algorithms to improve automation of manual processes and deliver real-time data. p>
Ben Goertzel, Founder and CEO of SingularityNET, told Cointelegraph that blockchain and AI go hand in hand and can solve problems where traditional approaches often fail.
"The last few years have taught the world that when the right AI algorithms meet the right data on enough processing power, magic can happen," Goertzel said.
Dr. Ben Goertzel says an AGI deployed on millions of nodes around the world cannot be taken over by hostile forces and centralized: “Blockchain solves this problem better than it solves the money problem,” he says. https://t.co/jPlp5BrSUY
— Cointelegraph Magazine (@CointelegraphZN) May 2, 2023Goertzel explained that the partnership could, for example, allow AI to identify new ways to use blockchain data from VeChain to optimize
Ben Goertzel, CEO of SingularityNET, says AI and blockchain have the potential to solve problems that traditional mechanisms have "systematically and failed miserably”.
News Join us on social networksArtificial intelligence company SingularityNET and blockchain company VeChain have become the latest companies to combine blockchain with artificial intelligence – this time, with the aim of reducing carbon emissions.
Over the past year, the crypto industry has seen increasing collaboration between blockchain and AI technology.
On August 24, VeChain — a smart-contract-enabled blockchain used for supply chain tracking — announced a strategic collaboration with decentralized AI service-sharing platform SingularityNET.
In a joint statement, the companies said the partnership will merge enterprise data from VeChain with SingularityNET's advanced AI algorithms to improve automation of manual processes and deliver real-time data. p>
Ben Goertzel, Founder and CEO of SingularityNET, told Cointelegraph that blockchain and AI go hand in hand and can solve problems where traditional approaches often fail.
"The last few years have taught the world that when the right AI algorithms meet the right data on enough processing power, magic can happen," Goertzel said.
Dr. Ben Goertzel says an AGI deployed on millions of nodes around the world cannot be taken over by hostile forces and centralized: “Blockchain solves this problem better than it solves the money problem,” he says. https://t.co/jPlp5BrSUY
— Cointelegraph Magazine (@CointelegraphZN) May 2, 2023Goertzel explained that the partnership could, for example, allow AI to identify new ways to use blockchain data from VeChain to optimize
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