-Vechain and SingularityNet combine Blockchain AI to drive sustainability and create advanced enterprise-grade tools
SAN MARINO, Aug. 25, 2023 /PRNewswire/ -- Vechain and SingularityNET, industry leaders in blockchain and artificial intelligence (AI), respectively, are delighted to announce their strategic collaboration. This association of technical giants unites powerful emerging technologies with the potential to radically change the way the global economy operates, offering powerful enterprise-grade tools to address challenges in the field of sustainability and traditional business.
In particular, the alliance holds great promise for vechain's ambitions with Boston Consulting Group partners, who collaborate to build "ecosystems" in which individuals and companies are incentivized to act sustainably. SingularityNET's AI capabilities offer immense potential to improve these ecosystems, using AI technology to drill into data and improve their effectiveness.
Vechain and SingularityNET intend to launch joint research initiatives to strengthen the effectiveness of each respective platform and integrate the pair into the heart of future digital development. The combination of these technologies can equip companies with intelligent tools, signaling the beginning of a new phase in the era of digitization.
Dr. Ben Goertzel, visionary CEO of SingularityNET, expressed his excitement about the enormous potential of this partnership:
"The last few years have taught the world that when the right AI algorithms gather the right data and have enough processing power, magic can happen.
What's even better is when the algorithms, data and processing are decentralized in terms of implementation, ownership and control, which is exactly the kind of magic that will happen when you bring together the AI algorithms of the SingularityNET ecosystem with the deep and diverse vechain business data, from the joint and secure distributed processing power of the two networks.
This combined power will be applicable to sustainability as one of our initial focus areas, but will ultimately extend to essentially all vertical markets. It's hard to overestimate the potential here."
Vechain's CTO Antonio Senatore commented:
"We are excited to collaborate with the leading Web3 AI platform, SingularityNET, combining our rich enterprise data streams with SingularityNET's powerful and versatile platform."
"Blockchain and AI offer innovative capabilities for industries and businesses and are opening up new avenues of operation. We look forward to working closely with the SingularityNET team to develop new services and continue to advance the possibilities of web3 and sustainability."
Vechain and SingularityNET are enabling a new, more interconnected and automated world, driving new capabilities in fields of industry and in particular for action around sustainability.
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