The tech is now helping to fight climate change. Blockchain firm VeChain and an AI firm SingularityNET are now doing a project where blockchain technology is combined with artificial intelligence.
A VeChain a Blockchain firm that tracks the supply chain with the help of smart contract-compatible blockchain announced the collaboration with the AI service-sharing platform SingularityNET on August 24.
In that partnership, VeChain’s blockchain data merges with the AI algorithm of SingularityNET to improve the automation of processing and provide real-time data.
“Cointelegraph that blockchain and AI go hand-in-hand and can solve problems where traditional approaches often fail.”,
told SingularityNET founder and CEO Ben Goertzel.
In that collaboration, the AI will be able to create new techniques to use VeChains’s blockchain data to optimize carbon emission output and minimize pollution. Their target is to achieve a sustainable environment and positive economy and solve complex problems involving the coordination of a large number of different economic companies.
Goertzel added,
“It’s a problem at which traditional economic mechanisms have consistently, miserably failed.”
At the same time, Antonio Senatore the VeChain Chief Technology Officer added,
“Blockchain and AI offer game-changing capabilities for industries and enterprises and are opening new avenues of operation.”
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