• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Aethir and Injective: Innovation in Tokenizing GPU Compute Power

user avatar

by Giorgi Kostiuk

10 months ago


Aethir and Injective have partnered to create the world's first tokenized GPU marketplace. This project aims to revolutionize access to computing resources, offering more flexible and cost-effective solutions for AI technology development.

What Are Tokenized GPUs?

GPUs are crucial for AI development due to their ability to execute parallel computations at high speed. They handle large datasets efficiently, making them essential for AI applications such as image recognition and natural language processing. However, acquiring GPUs can be an expensive and non-transparent process. The partnership between Aethir and Injective seeks to address this issue by facilitating broader access through tokenization.

The Advantages of Tokenized GPU Resources

This initiative features several advantages that promise to transform the traditional GPU market:

1. **Fractional Ownership**: Users can purchase only the compute power they need, avoiding large upfront hardware investments. 2. **Instant Utility & Composability**: Tokenized GPUs can be seamlessly integrated into various applications, including decentralized finance. 3. **Real-time Resource Trading**: The dynamic marketplace allows for real-time buying, selling, or leasing of GPU compute power. 4. **Smart Contract Integration**: Transactions are automated and secure through smart contracts. 5. **Global Accessibility**: Tokenized GPUs eliminate geographical barriers, providing high-level resources globally.

The Technical Side

Aethir and Injective are leveraging their combined expertise to bring tokenized GPUs to market. Aethir operates one of the largest crypto GPU networks, providing reliable access to computing resources. Injective offers a robust platform for tokenizing assets such as GPU compute power. The system uses Injective’s finance infrastructure to create an advanced market where GPU resources can be accessed in a decentralized manner.

The partnership between Aethir and Injective highlights the move towards integrating AI and blockchain technologies, offering broader opportunities and accelerating innovation in these fields.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Short-Term Traders Drive Bitcoin Selloff

chest

On-chain data reveals a clear divide between short-term and long-term Bitcoin holders during the recent selloff.

user avatarMaria Gutierrez

COTI Launches EVM-Compatible L2 Architecture

chest

COTI has shifted to an EVM-compatible L2 architecture to strengthen its position in privacy-enhanced finance.

user avatarAndrew Smith

Altcoins Experience Major Losses Amid Market Selloff

chest

The crypto market saw widespread losses among altcoins, with Ether and others dropping significantly.

user avatarArif Mukhtar

Banks Experiment with Crypto Services

chest

Traditional banks in the US are cautiously exploring crypto services, including custody and tokenization.

user avatarJacob Williams

COTI's V2 Mainnet Shows Promise for Institutional Adoption

chest

COTI's V2 mainnet is gaining traction with institutional pilots, indicating a positive outlook for compliance and security upgrades.

user avatarDavid Robinson

XRP XRP Bridges Fintech and Crypto

chest

XRP serves as a bridge currency for cross-border payments, positioning itself as a key player in the financial technology landscape.

user avatarLi Weicheng

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.