Ocean Protocol, a decentralized data exchange protocol, has partnered with Zero1 Labs, a decentralized AI (DeAI) platform that is community-focused.
The objective of this collaboration, as stated in Zero1 Labs’ announcement on September 23, is to enhance the accuracy and performance of artificial intelligence (AI) solutions developed by Zero1 Labs’ projects while simultaneously guaranteeing Ocean Protocol’s data privacy and compliance tools.
Improved Assistance for Incubated Projects
Zero1 Labs’ DeAI ecosystem guarantees a successful go-to-market launch for initiatives enrolled in the Zero Construct Program (ZCP).
As per the announcement, Ocean Protocol’s decentralized data marketplace and data privacy features will be accessible to Zero1 Labs’ incubated projects through this partnership, which will ensure regulatory compliance and safeguard sensitive information.
Projects can ensure they have the resources necessary to power their AI models by collaborating with Ocean Protocol and Zero1 Labs, which provides access to a global network of data providers.
Furthermore, projects may capitalize on Ocean Protocol’s marketplace to generate revenue streams and facilitate their expansion and sustainability.
The Increasing Emphasis on AI in Ocean Protocol
Ocean Protocol is emphasizing incorporating AI technologies into its decentralized data exchange platform. On August 15, the company announced the launch of Ocean Nodes, a new solution intended to simplify the development of AI models, as part of this commitment.
Developers can operate the Ocean Protocol stack’s critical components, such as Ocean Provider, Aquarius, and Compute-to-Data, in a singular setup with Ocean Nodes. Streamlining the workflow saves time, and control and flexibility are also enhanced.
Furthermore, Ocean Nodes provides improved privacy features to guarantee the confidentiality and security of sensitive data.
Furthermore, on April 16, Ocean Protocol, SingularityNet, and Fetch.ai, two other significant players in the crypto-AI sector, authorized a $7.5 billion token merger to establish the Artificial Superintelligence Alliance (ASI) project. Currently, the alliance is investigating three distinct product pipelines:
- Deploying AI agents in commercial environments
- Neural symbolic language learning models (LLMs)
- Sharing and exploiting AI data
The Artificial Superintelligence Alliance was established through a token merger in two phases. In the initial phase, which commenced on July 1, the AGIX token of SingularityNET and the OCEAN token of Ocean Protocol were combined to form the FET token of Fetch.AI.
This unified token will transition to the permanent ASI token in the second phase.
FET is currently trading at $1.70, a 33% increase in the past month, and has a market capitalization of over $4.2 million as of September 24.