Blockchain
TRON DAO Establishes Artificial Intelligence Development Fund
Geneva, Switzerland–(Newsfile Corp. – February 8, 2023) – TRON DAO is encouraging the blending of artificial intelligence technology with blockchain technology, announcing last week the establishment of a $100M USD Artificial Intelligence Development Fund.
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Four areas of focus have been initially identified: A.I. Service Payment Platform, A.I. Infused Oracles, A.I. Informed Investment Management Services, and A.I. Generated Content. However, innovators and developers whose imaginations arrive at further use cases should absolutely consider applying for funding and pitching their unique ideas, as well.
A.I. Service Payment Platform
TRON’s industry-leading decentralized financial infrastructure is ripe for A.I. infusion, as it will enable self-learning, on-the-go, adaptable capabilities in all aspects of decentralized commerce, including:
- Smart contract creation and deployment
- Payment layer protocols
- A.I. payment gateways
- Currency settlement
A.I. utility will provide the opportunity for automated revenue generation and expedited digital commerce strengthened by A.I. analysis and adaptability for the developers who integrate A.I. tools into their decentralized applications.
A.I. Oracle
TRON’s expeditious, efficient, and inexpensive blockchain network, along with its data-focused Layer2 blockchain, the BitTorrent Chain, are perfectly oriented for A.I. integration, as its fully decentralized file storage system (BTFS) is leveraged to achieve management of data in decentralized, adaptable, intelligent ways. Decentralized data management is a differentiating factor from almost all other blockchains using centralized data storage and oracle services. A.I. will strengthen the performance of all things data related, including underlying calling SDKs and API communication. Developers will be able to build in automated adjustments for optimized user experiences and dApp data transactions, because of the insightful, real-time analysis A.I. tools will provide.
A.I. enhanced oracles will make the creation of a new, decentralized, intelligent financial ecosystem possible.
A.I. Informed Investment Management Services
Using A.I. technology, investment management services in the TRON ecosystem will be able to:
- Create more complex and intelligent trading algorithms
- Analyze market trends in real-time
- Discover even more advanced and dynamic strategies
- Make more insightful investment decisions
In addition, DeFi lending platforms will be able to more accurately predict the direction of various assets as well as the balance between user assets and liabilities, thereby reducing the risk of default and improving the utilization rate of funds. As A.I. processes what it’s learning from day to day and month to month, it will be able to strengthen assessment capabilities and thus identify potential loopholes in certain smart contracts or other security risks based on blockchain financial transactions. A.I. will also enhance on-chain investing as it informs analysis, learns market trends, then writes smarter smart contracts that automate trading, in theory leading to better returns.
The blending of blockchain technology with artificial intelligence services will supercharge the way developers build a decentralized financial future and will increase the stabilization of how users experience Web3 commerce and community.
A.I. Generated Content
Integrating A.I. tools into content generation will increase efficiency and allow for on-the-go user research to inform creators and developers of market wants and needs. A.I. will enhance NFT utilization by constantly learning advanced ways to create as well as utilize NFTs, leading to unprecedented industry disruptions. A.I. infusion for users in NFT creation, storage, verification, transacting, and transferring along with NFT evaluation and analysis will empower the NFT use cases of the future.
Casting Vision
H.E. Justin Sun, founder of TRON and Ambassador of Grenada to the World Trade Organization, tweeted on Monday, February 6, 2023, a thread that spelled out how A.I. integration will strengthen the entire TRON Ecosystem.
The hope of the initiative is that developers are inspired to use A.I. in current as well as future applications built on the TRON blockchain, both in the back end and front end of development, AND that they apply for grants from the TRON Artificial Intelligence Development Fund to help them do so.
About TRON DAO
TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.
TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum
Media Contact
Hayward Wong
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/154081
Blockchain
Ebang International Reports Financial Results for Fiscal Year 2023
Blockchain
FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers
A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.
The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.
Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.
The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.
As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.
Source: cointelegraph.com
The post FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers appeared first on HIPTHER Alerts.
Blockchain
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.
The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.
Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.
As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.
Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.
Source: blockchain.news
The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.
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