As a seasoned crypto investor with a knack for spotting promising projects, I find the partnership between Plume Network and Google Cloud and CloudMile quite intriguing. With my years of experience in this dynamic industry, I’ve seen the potential that intersections like blockchain and AI can bring, and this collaboration seems to be a step in that direction.
As a researcher, I am thrilled to be part of the team at Plume Network, collaborating with giants like Google Cloud and CloudMile. Together, we aim to revolutionize the real-world assets market by harnessing the power of Artificial Intelligence (AI), transforming everyday assets into intelligent, interconnected entities that promise a future where technology seamlessly integrates with our physical world.
On December 20th, a full-stack Layer-1 blockchain announced its intention to reshape the existing Real World Assets (RWA) ecosystem by entering into a collaborative partnership, as stated in their official declaration.
As reported by the L1 team, partnering with Google Cloud is a strategic move aimed at transforming the process of onboarding real-world assets using artificial intelligence technology. Specifically, Plume intends to utilize Google Cloud’s robust infrastructure to automate the appraisal of Real World Assets (RWA) projects through AI capabilities.
Through the partnership with Vertex AI, Plume’s data intelligence tools for Remote Workstations (RWAs) are expected to receive a significant boost, utilizing advanced GPU technology such as A100 & V100 processors. This enhancement aims to expedite secure and compliant tokenization and analysis of RWAs, making the process faster while ensuring it remains secure and in compliance with regulations. [Post on X]
CloudMile’s AI and cloud technology will be key to the collaboration, Plume said.
In the crypto world, where blockchain and artificial intelligence are increasingly intertwining, CloudMile’s knowledge will play a crucial role in executing the AI-driven project. Simultaneously, by utilizing Google Cloud’s BigQuery, Dataflow, and Looker Studio for real-time compliance and analytics, Plume aims to accelerate the adoption of tokenized RWA. This strategy also serves to unveil investment opportunities in RWAfi for institutions.
In a recent development, Plume successfully completed a Series A funding round worth $20 million, with Brevan Howard Digital, Haun Ventures, and Galaxy Digital taking the lead, along with several other venture capital groups.
In October, Plume collaborated with the on-chain private credit provider Credbulll to introduce the high-yield platform LiquidStone. Additionally, they formed a partnership with Chateau Capital for the tokenization of illiquid assets, opening up possibilities within the $500 million private markets sector.
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2024-12-20 23:54