BNB Chain and SingularityNET partner to advance decentralized storage

As a seasoned researcher with a keen interest in the intersection of artificial intelligence (AI) and blockchain technology, I find this collaboration between BNB Chain and SingularityNET particularly intriguing. With my background in data science and distributed systems, I can appreciate the potential impact of such a partnership on the future of AI and decentralized storage solutions.


The BNB Chain and SingularityNET Foundation are joining forces to foster the development of artificial intelligence technology that seamlessly integrates with blockchain systems.

As a researcher, I am excited to share that I recently learned about a collaboration between BNB Chain and SingularityNET (AGIX), a key member of the Artificial Superintelligence (ASI) Alliance, which also encompasses Fetch.ai and Ocean Protocol. This partnership was officially announced in a blog post dated August 29th.

Partnership geared towards decentralized storage solutions

As per the statement, BNB Chain and SingularityNET are planning to boost the field of decentralized storage solutions and foster a thriving decentralized data market.

The partnership aims to achieve this objective by embracing the “data-is-valuable” approach, empowering individuals to manage their personal data and earn from it financially. By combining their efforts, they aim to make SingularityNET’s technological infrastructure and BNB Chain’s decentralized storage solution, BNB Greenfield, accessible to a larger user base.

“By connecting SingularityNET’s platform with BNB Greenfield, we create a superior environment to introduce the future of AI systems. These new-age AI systems will surpass the constraints of existing AI systems, catering to a broad range of application requirements.”
SingularityNET founder Dr. Ben Goertzel.

Blockchain solution

Artificial Intelligence (AI) is experiencing rapid expansion as it’s being used more frequently within the blockchain sector and beyond. Yet, challenges persist when it comes to practical AI applications, particularly in the realm of generative AI. A growing problem is the misuse of AI, such as deepfakes, which has become a significant concern.

Deepening the collaboration between SingularityNET and ASI network on BNB Smart Chain marks a significant stride in finding practical solutions. BNB Chain intends to provide both technical assistance and financial backing, including incubation and grants, for projects aiming to translate these solutions into real-world applications.

Other blockchain platforms working towards this goal include Filecoin, Sia, Storj, and Arweave.

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2024-08-29 17:32