BNB Chain and the SingularityNET Foundation are collaborating to advance the future of artificial intelligence and blockchain integration.

On August 29, BNB Chain and SingularityNET, a member of the Artificial Superintelligence (ASI) Alliance, announced their partnership. This collaboration aims to enhance decentralized storage solutions and promote the decentralized data economy.

Partnership Geared Towards Decentralized Storage Solutions

According to the announcement, BNB Chain and SingularityNET are focused on the “data-as-an-asset” concept, which empowers users to control and monetize their personal data. The collaboration will leverage SingularityNET’s technology stack and BNB Chain’s decentralized storage solution, BNB Greenfield, to reach more users.

“The integration of SingularityNET platform with BNB Greenfield provides an ideal platform for rolling out the next generation of AI systems that transcend the limitations of current GenAI systems and meet the full spectrum of application needs.” – SingularityNET founder Dr. Ben Goertzel.

Blockchain Solution

AI continues to experience significant growth, particularly in its application and integration across the blockchain ecosystem. However, challenges such as the practical application of generative artificial intelligence and the rise of deepfakes and other malicious uses remain concerns.

Further integration of SingularityNET and the ASI network with BNB Smart Chain aims to address these issues. BNB Chain plans to offer technical support, incubation, and grants to projects bringing these solutions to the real world.

Other blockchain platforms working towards similar goals include Filecoin, Sia, Storj, and Arweave.

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