• 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

Brazil's House of Representatives Proposes National Bitcoin Reserve

chest

Brazil's House of Representatives is exploring the establishment of a national Bitcoin reserve through Bill No. 4,501 of 2024.

user avatarGustavo Mendoza

CryptoQuant Report Indicates XRP Trading Volume Stabilization

chest

A recent CryptoQuant report analyzes XRP trading volume, indicating a balance between buyers and sellers.

user avatarRajesh Kumar

Analysts Highlight Key Indicators for Bitcoin's Market Bottom

chest

Analysts highlight significant price-based benchmarks indicating Bitcoin is in a long-term accumulation phase, with key indicators suggesting a favorable position for long-term investors.

user avatarMiguel Rodriguez

Political Dynamics Threaten Progress of Clarity Act

chest

Scott Bessent warns that the upcoming midterm elections could jeopardize the progress of the Clarity Act, especially if Democrats gain a majority in the House.

user avatarLuis Flores

US Treasury Secretary Advocates for Clarity Act Amid Crypto Market Volatility

chest

US Treasury Secretary Scott Bessent emphasizes the need for the Clarity Act to stabilize the volatile crypto market.

user avatarArif Mukhtar

Bitcoin Market Faces Bearish Phase Amid Price Drop

chest

Speculations arise that the cryptocurrency market has entered a bearish phase following a significant drop in Bitcoin's price.

user avatarMaria Gutierrez

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.