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Metis Partners with codatta: Revolutionizing Blockchain Data Utility

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Metis has entered into a strategic partnership with codatta, an AI-driven protocol focused on blockchain metadata analysis. This collaboration aims to enhance the accessibility, reliability, and utility of blockchain data within the Metis ecosystem. Codatta, formerly known as b18a, specializes in making blockchain data universally understandable by incorporating semantics-enabling metadata to decode anonymized blockchain addresses, offering valuable insights for compliance, risk management, and market trend analysis. Their technology supports the creation of portable on-chain profiles, giving users sovereignty over their data and unlocking new economic opportunities.

By integrating codatta’s advanced metadata annotation capabilities, Metis plans to significantly improve its data infrastructure. This integration will introduce innovative features and use cases designed to attract a broader user base and developer community. The enriched data from codatta will allow the development of data-driven decentralized applications (dApps) that leverage detailed on-chain data for various functionalities.

The benefits for Metis users are extensive. They will have access to rich, annotated data for advanced analytics and dApp development. Tools developed using codatta’s data will enhance capabilities in monitoring compliance and managing risks. Potential use cases include creating sophisticated reputation scores and decentralized identity systems, utilizing detailed annotations provided by codatta. Additionally, insights into user behaviors can lead to more personalized user experiences and targeted marketing strategies.

Codatta’s approach combines AI-driven and human intelligence for annotating blockchain data. Its decentralized crowdsourcing model ensures extensive coverage across various blockchain networks while maintaining rigorous validation processes to uphold data integrity and accuracy. Codatta also prioritizes user privacy and promotes permissionless participation, ensuring that the data is accurate, secure, and scalable.

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The partnership includes the launch of a reward campaign to encourage community engagement. Participants can undertake quests on the codatta protocol to earn points and contribute data tags, making them eligible for exclusive rewards. This initiative aims to foster interaction with the Metis network and promote active community participation.

The collaboration between Metis and codatta represents a significant advancement in the blockchain industry. By leveraging codatta’s cutting-edge metadata annotation capabilities, Metis is set to enhance its ecosystem, attract a broader user base, and offer an enriched data infrastructure. This partnership underscores Metis’s commitment to innovation and community engagement, positioning the company as a leader in the evolving landscape of blockchain technology.

Source: cointrust.com

The post Metis Partners with codatta: Revolutionizing Blockchain Data Utility appeared first on HIPTHER Alerts.

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Bitget Partners with Fiat24 to Advance PayFi Solutions for Crypto

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