The bridging tool was deployed in partnership with SingularityNET the decentralized artificial intelligence company that helped develop the Sophia robot.
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The ecosystem ofCardano has obtained its first converter bridge fromtokens ERC-20 tokens designed and used solely on the Ethereum platform. (from the blockchainEthereum a decentralized open-source blockchain with smart contracts functionality.).
IO Global, global engineering companyBlockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies. and blockchain developers Cardano announced Tuesday the launch of the test network (testnet an alternative blockchain used by developers for testing.) of the AGIX ERC20 tokens designed and used solely on the Ethereum platform. converter. The launch of the interoperability tool takes place in partnership with artificial intelligence firmSingularityNET.
As a result, users of theSingularityNETwill be the first to be able to take advantage of the new product. In this first test phase, the holders of AGIX, the native token a digital unit designed with utility in mind, providing access and use of a larger crypto economic system. of SingularityNET you will be able to move your coins to the network a network refers to all nodes in the operation of a blockchain at any given moment in time. Cardano and back to Ethereum through the authorized bridge.
I.e. AGIX ERC-20 tokens in a wallet a place where cryptocurrency users can store, send and receive digital assets. Ethereum can now be converted and transferred in AGIX-ADA to an AGIX-ADA wallet. Cardano . Users can use wallets such as Yoroi by EMURGO, or Daedalus , de IOHK. The official Twitter account an account is essentially a whose purpose is to track the financial activities of a specific asset/ ofSingularityNETannounced the launch on Tuesday. In itstweetThe company invited its users to try the bridge and take advantage of the benefits it offers.
This marks the beginning of a rapidly expanding multi-chain decentralized decentralization refers to the property of a system in which nodes or actors work in concert in a distributed fashion to achieve a common goal. artificial intelligence ecosystem. Low fees, increased transaction capacity and improved security: yes, please!
UPDATE: The none ERC-20 Testnet Converter is available now! This marks the beginning of a rapidly expanding multi-chain decentralized AI ecosystem. Low fees, higher transaction capacity, and enhanced security the term securities refers to a fungible and tradable financial instrument that carries a type of monetary value. – yes please!
Help beta test ➡️ https://t.co/W75qqusxOj
— SingularityNET (@singularity_net) December 7, 2021
Cardano launches AGIX token bridge, from the company behind Sophia robot
SingularityNET is a project that seeks to unite the worldBlockchain with that of artificial intelligence. F unites as a blockchain-driven artificial intelligence marketplace that aims to enable monetization of various AI services. Your utility token was initially launched on the networkEthereum under the name AGI. In May, it was renamed to AGIX, which is compatible withCardano.
The company is led by artificial intelligence pioneer Ben Goertzel who famously collaborated on the development of the humanoid robot Sophia mientras trabajaba como científico jefe de la empresa Hanson Robotics based in Hong Kong.
Talking about the bridge launch, Goertzel stressed that the development represents a further step towards the migration of AGIX to the network. Cardano while offering users a chance to explore cross-chain cross-chain is a technology that enhances the interconnection between blockchain networks by allowing the exchange of information and value. capabilities.
The importance of this port for SingularityNET and the entire blockchain and AI ecosystems cannot be overstated: it will not only produce a much faster and cheaper AI network, but also a vastly superior foundation for adding new advanced features to SingularityNET and moving towards realizing our vision of decentralized AGI.
For its part, IOHK said in its statement that the launch of thetestnet is part of the interoperability mission ofCardano y“marks an important step forward in driving interoperability blockchain interoperability, or cross-chain interoperability, is the ability to see and share information across multiple blockchains. between blockchains to establish a functional environment for decentralized finance (DeFi)”.none
In September of this year, the blockchainCardano integrated with the humanoid robot Grace, deSingularityNETwhich is listed as the first robotic artificial intelligence designed to care for older adults.
To find out more about the new ERC-20 converter bridge fromCardanoyou can consult the IOHK publications y SingularityNET . The latter also published a video explaining how the tool works, which you can watch below:
- Ardana partners with NEAR Protocol the set of rules that define interactions on a network, usually involving consensus, transaction validation, and network participation on a blockchain. to build bridge between Cardano and Near
- Getting ready for DeFi: Cardano to launch converter bridge for ERC-20 tokens
- IO Global and Bondly Announce Development of Ethereum and Cardano Network Bridge for NFT non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility.
Article by Hannah Estefania Perez /DiarioBitcoin
Imagen de Unsplash
