• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
ASI Alliance Plans to Include Cudos in the Consortium

ASI Alliance Plans to Include Cudos in the Consortium

user avatar

by Giorgi Kostiuk

a year ago

  1. Fourth Member Integration
  2. Centralized vs. Decentralized Computing
  3. Coinbase Opts Out of ASI Migration

    4. The ASI Alliance, formed by SingularityNET, Fetch.ai, and Ocean Protocol, has announced the potential inclusion of a new member, Cudos, a decentralized cloud computing provider.

    Fourth Member Integration

    According to the press release, the integration will be decided by a community vote scheduled for Sept. 19-24. If approved, the integration will feature a token merger between Cudos and FET.

    Centralized vs. Decentralized Computing

    Humayun Sheikh, chairman of the ASI Alliance and CEO of Fetch.ai, stated that decentralized computing is better than centralized computing. It offers greater scalability, resilience, and security.

    Coinbase Opts Out of ASI Migration

    Many cryptocurrency exchanges supported the automatic migration of Ocean Protocol tokens into FET, but Coinbase did not. On June 27, Coinbase stated that it would not facilitate the migration process.

    The integration of Cudos into the ASI Alliance promises to enhance decentralized cloud computing capabilities and accelerate the adoption of decentralized AI solutions.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Best Wallet Token Raises $16.7M Ahead of Official Launch

chest

Best Wallet Token has raised over $16.7 million ahead of its official launch, positioning itself as a leading non-custodial crypto wallet.

user avatarTando Nkube

Chainlink Strengthens with New Institutional Partnerships

chest

Chainlink's recent partnerships are enhancing its role in institutional blockchain adoption.

user avatarKofi Adjeman

Elixir Retires deUSD, Offers USDC Compensation to Holders

chest

Elixir has officially retired its deUSD stablecoin, announcing a compensation process for holders with USDC due to significant economic challenges impacting reserves.

user avatarNguyen Van Long

Crypto Prices Decline Impacting Digital Asset Treasury Companies

chest

The monthlong decline in cryptocurrency prices has led to significant losses for digital asset treasury companies, particularly Evernorth and BitMine.

user avatarSatoshi Nakamura

Vitalik Buterin Engages in Decentralized Science Discussions at DeSci Day

chest

Vitalik Buterin participated in DeSci Day in Bangkok, focusing on the role of blockchain in scientific advancements.

user avatarJesper Sørensen

Vancouver Mayor Ken Sim Pushes for Bitcoin Integration in City Finances

chest

Vancouver Mayor Ken Sim introduces a motion to integrate Bitcoin into the city's financial strategies, focusing on policy advocacy and treasury allocation.

user avatarRajesh Kumar

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.