Announcement: aelf Transforms Blockchain with Artificial Intelligence

Singapore-based blockchain pivots to artificial intelligence to unlock new frontiers in blockchain efficiency, scalability, intelligence, and security; and deploys $50 million ecosystem fund to support the AI transformation initiatives.

aelf Revolutionizes Blockchain with AI Integration

SINGAPORE, April 12, 2024 /PRNewswire/ — In a transformative move for the blockchain industry, aelf, a pioneering blockchain network, has announced its strategic shift to integrate artificial intelligence (AI) within its blockchain. This significant leap forward marks the beginning of a new phase for the aelf blockchain, transitioning from a decentralised network to a vibrant ecosystem enriched with state-of-the-art AI models and agents, broadening its functionalities and enriching user experiences.

aelf’s Vision for AI-Integrated Blockchain

“The integration of computation, LLM (large language model) and agents within the aelf’s blockchain is not just an enhancement; it’s an evolution,” stated Auric, Founder of aelf. “7 years ago, we have identified blockchain’s future and been relentlessly developing modular systems, parallel processing, cross-chain bridges and cloud-native architecture, which are now what the industry has been talking about. Now, we envision AI as the next catalyst for the future of blockchain and are determined to be the first in Asia to bring this evolution to fruition. This AI transformation is about cultivating a self-evolving system—a smarter, self-learning blockchain where each new block is more advanced than the last.”

aelf Ventures’ Ecosystem Fund for AI Initiatives

To nurture and accelerate the convergence of AI and blockchain, aelf Ventures, aelf’s investment arm, will be strategically deploying its $50 million Ecosystem Fund to support innovative AI initiatives seeking blockchain enablement. With the roll-out of developer-friendly toolkits, aelf will further catalyse this AI blockchain innovation by empowering the community to utilise those new technologies for data pre-processing, model training, fine-tuning and deployment, agent development, on-chain deployment and monetization with the aelf blockchain environment.

aelf’s AI Transformation Benefits

Existing projects and games on the aelf blockchain are set to integrate these AI capabilities while new projects will benefit from aelf’s robust foundation, offering a dynamic and responsive blockchain ecosystem that delivers enhanced efficiency, strengthened security protocols, and sophisticated intelligent automation.

aelf’s Commitment to Innovation

This AI transformation embodies aelf’s commitment to fostering an environment of continuous innovation and maintaining its position at the forefront of blockchain technology. With a steadfast dedication to expanding its capabilities, aelf remains focused on generating user-centric value and propelling the entire blockchain domain forward.

About aelf

aelf, the pioneer Layer 1 blockchain, features modular systems, parallel processing, cloud-native architecture, and multi-sidechain technology for unlimited scalability. Founded in 2017 with its global hub based in Singapore, aelf is the first in the industry to lead Asia in evolving blockchain with state-of-the-art AI integration, transforming blockchain into a smarter and self-evolving ecosystem.

aelf’s Ecosystem

aelf facilitates the building, integrating, and deploying of smart contracts and decentralised apps (dApps) on its blockchain with its native C# software development kit (SDK) and SDKs in other languages, including Java, JS, Python, and Go. aelf’s ecosystem also houses a range of dApps to support a flourishing blockchain network.

Conclusion

aelf’s strategic shift to integrate AI within its blockchain marks a significant milestone in the evolution of blockchain technology. With its AI transformation, aelf is poised to revolutionize the blockchain industry, delivering enhanced efficiency, scalability, intelligence, and security to its users and ecosystem.

FAQs

Q: What is aelf’s vision for AI-integrated blockchain?

A: aelf envisions an AI-integrated blockchain that is self-evolving, smarter, and more advanced with each new block, capable of processing complex computations and agent-based interactions.

Q: What is the purpose of aelf Ventures’ Ecosystem Fund?

A: The Ecosystem Fund is designed to support innovative AI initiatives seeking blockchain enablement, accelerating the convergence of AI and blockchain.

Q: What are the benefits of aelf’s AI transformation?

A: aelf’s AI transformation offers enhanced efficiency, strengthened security protocols, and sophisticated intelligent automation, enriching user experiences and broadening its functionalities.

Q: How does aelf plan to generate user-centric value?

A: aelf remains focused on expanding its capabilities, generating user-centric value, and propelling the entire blockchain domain forward through its AI transformation.

Q: What languages are supported by aelf’s SDK?

A: aelf’s SDK is available in C#, Java, JS, Python, and Go, making it a versatile platform for developers.

Q: What type of dApps can be built on aelf’s blockchain?

A: aelf’s ecosystem houses a range of dApps, including smart contracts, and supports the building, integrating, and deploying of dApps on its blockchain.