en
Back to the list

Best AI Coins Revolutionize Blockchain in 2024 : Fetch.AI, Forta, and SingularityNET

source-logo  cryptonewsland.com 25 September 2024 04:06, UTC
  • Fetch.AI optimizes DeFi trading, smart grids, and more, leveraging AI for large-scale data processing and decentralized tasks.
  • Forta uses AI to secure Web3, deploying decentralized bots to detect threats and safeguard blockchain applications and end users.
  • SingularityNET’s marketplace allows developers to monetize AI tools, with a focus on Knowledge Graphs and Neural Symbolic tools for LLMs.

Fetch.AI, Forta, and SingularityNET are transforming the intersection of AI and blockchain with innovative solutions. They tackle industry challenges by optimizing DeFi trading, securing Web3, and decentralizing AI services. These platforms are pushing boundaries and revolutionizing multiple sectors.

Fetch.AI Expands AI Accessibility Through Blockchain

Artificial Superintelligence Alliance(Fetch.AI), established in 2017 leads in decentralized AI. Its goal is to make AI accessible to everyone by creating a network without restrictions. This allows autonomous AI to manage and improve large datasets. Fetch.AI’s platform powers a range of applications, including DeFi services, transportation systems, and smart energy grids.

Currently priced at $1.36 a 1.97% increase in the past 7 days. Fetch.AI has a market cap of over $3.4 billion and continues to grow in value. Its global network and AI-driven operations are increasingly seen as critical tools in sectors requiring data optimization.

Forta Secures Web3 with AI-Driven Blockchain Security

Forta focuses on securing Web3 by using AI to detect blockchain vulnerabilities and threats. Powered by the FORT token, Forta relies on a decentralized network of bots and scan nodes to safeguard blockchain applications. As Web3 expands, Forta’s role becomes vital in ensuring secure environments for decentralized finance and other blockchain-based services.

Despite a slight dip in value, with a price of $0.117, Forta’s long-term potential remains significant. It holds a strong position as the only decentralized security network focused on Web3, securing applications and users across the blockchain space.

SingularityNET Advances AI Marketplace Integration

SingularityNET(AGIX) provides a distributed market where tools for working with artificial intelligence can be monetized and acquired. This allows for easier adoption of AI innovations such as neural networks and knowledge graphs thereby situating SingularityNET as an important player in the AI-blockchain nexus.

With ongoing work on Artificial General Intelligence (AGI) and projects like the Sophia robot, SingularityNET is advancing the boundaries of AI. The platform’s focus on neural-symbolic tools and comprehensive AI services promises continued advancements in the AI landscape.At the time of writing AGIX was trading at $0.5991 a 3.40% in the past 7 days indicating a continuous bullish moment

Conclusion

AI and blockchain are transforming industries globally. Fetch.AI, Forta, and SingularityNET lead this change by offering scalable, secure, and decentralized solutions, redefining how data, security, and AI work together. As these platforms evolve, they signal a broader transformation in how AI and blockchain can drive future innovation.

cryptonewsland.com