As a seasoned analyst with over two decades of experience in the tech industry, I find the partnership between Chromia and Chasm Network to be a strategic move that aligns well with the evolving landscape of blockchain and AI. My life’s work has been about identifying synergies between technologies, and this collaboration seems like a perfect fit, given their shared focus on AI and blockchain.
Chromia, a top-tier Layer 1 blockchain, has formed a strategic alliance – both a partnership and an investment – with Chasm Network, the foremost distributed artificial intelligence inference network. This collaboration will have Chasm Network collaborating closely with the Chromia team to explore more applications for AI within the Chromia blockchain framework.
As a crypto investor, I find the partnership incredibly strategic from a technical standpoint. Chromia’s blockchain architecture is specifically tailored to efficiently manage and distribute vast amounts of data – from terabytes to exabytes – that future dapps will necessitate. Given the anticipated surge in demand for on-chain data by AI-focused dapps, this partnership seems perfectly poised to cater to this insatiable appetite for data.
Chasm Brings AI Inferencing to Chromia
Chasm specializes in AI inference, which is the initial stage of teaching AI systems to identify patterns by providing them with input and output data. Their goal is to create a more budget-friendly solution using a distributed AI inference network, a system that combines multiple specialized intelligence models for optimal performance.
Chasm’s AI service currently functions on Ethereum L2 Mantle, but it plans to utilize Chromia as its main database layer for storing AI inference information. This combined approach will allow Chasm to leverage Chromia’s advanced database management features and maintain connections through Mantle’s EVM. The Chasm token will be deployed within this setup. The app developed on Chromia, called the Chasm opML Database, is designed to guarantee the credibility of sources used in AI decision-making procedures.
As a researcher exploring the potential of Chromia’s blockchain, I’ve found that while its L1 is particularly well-suited for AI applications, it offers versatility beyond this realm. In the past few weeks, Chromia has unveiled several new projects leveraging its technology, spanning from RWAs to blockchain gaming. For instance, My Neighbour Alice is planning to introduce their blockchain game to Chromia, and Phlomis Finance aims to develop real-world assets on it. These pioneering projects will function as compelling examples of what Chromia’s technology can achieve. If these early adopters experience success, they could play a significant role in persuading other projects to join the Chromia ecosystem.
Making AI Work at Scale
Web3 technologies and artificial intelligence (AI) have shown a remarkable synergy, as Web3 broadens access to technology considered the most potent innovation since the internet itself. On-chain decentralized applications (dApps), in particular, are often leveraging AI in two significant ways. For users, they’re demonstrating their potential to improve trading experiences by integrating AI assistants that aid in making quicker and more intelligent decisions.
Looking from an infrastructure standpoint, dapps (decentralized applications) are being rolled out that make it more accessible for people to utilize AI resources like GPU processing power and Large Language Model (LLM) training data. New blockchain platforms such as Chromia have quickly recognized the benefits of fine-tuning for AI purposes and positioning themselves at the forefront of a sector expected to be valued in hundreds of billions of dollars over the next five years.
One key advantage of Chromia lies in its implementation of relational databases, which handle data more effectively than traditional blockchain systems. These databases are designed to quickly access and retrieve data as needed, with Chromia capable of executing hundreds of read and write operations in a single transaction.
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2024-10-21 16:09