Chromia, a Layer-1 relational blockchain platform, has announced a strategic investment and technical collaboration with Chasm Network, a market leader in decentralized artificial intelligence.
The need for accountability and transparency in these systems has increased as AI is incorporated more and more into daily tasks. In order to address these issues, Chasm Network is developing decentralized AI models that let people see and validate the decision-making processes.
On Thursday, October 24, Chasm Network’s native token, Chasm AI ($CAI), is scheduled to debut on Mantle, an Ethereum Layer-2 rollup. Chromia will act as a decentralized database layer to hold vital AI inference data, while Mantle will provide the core infrastructure for Chasm.
Chasm opML Database, a decentralized application based on Chromia, is in charge of managing the tasky. On Chromia’s mainnet, the initial version has already been created and deployed. The program ensures the verifiability of sources used in AI decision-making processes by producing transparent and immutable records.
The Scout Layer and Weave are the two main components of Chasm Network, an AI economy platform created to speed up the creation of AI applications. With an orchestrator that employs a mixture-of-models strategy to intelligently route user requests, the Scout Layer is a decentralized system in which node operators compete to choose the best AI models and computational resources. This makes it easier for developers to leverage AI capabilities while maintaining a balance between cost-effectiveness and performance. Chasm Network promotes innovation in the AI ecosystem by bridging the gap between the promise of AI and real-world applications.
KC Thee, co-founder of Chasm stated:
“Chromia’s relational architecture is uniquely suited to manage Chasm Network’s inference data. This collaboration ensures that AI systems using Chasm’s opML inference mechanisms are accessible, tamper-proof, and decentralized, allowing for scrutiny that prevents bias and manipulation.”
The way Chromia functions as a utility layer for ongoing EVM-based projects is shown via Chasm’s integration with Chromia. This collaboration demonstrates Chromia’s ability to work with data-intensive projects across the cryptocurrency ecosystem, improving safe and effective data management for intricate use cases, such as decentralized artificial intelligence.
Dedicated Dapp chains, customizable fee structures, and improved digital assets are just a few of the features that Chromia, a Layer-1 relational blockchain platform, offers developers and consumers via its modular architecture. Chromia challenges the existing quo to bring breakthroughs that will simplify the end-user experience and enable new Web3 business models by radically altering the way information is organized on the blockchain and offering natively queryable data that is indexed in real-time.
Yeou Jie, Chromia’s Head of Business Development stated:
“This partnership highlights Chromia’s ability to integrate with data-intensive projects across the crypto ecosystem. Our collaboration improves secure and efficient data management for complex use cases, including decentralized AI.”
In the future, the projects will keep collaborating to improve the current application while looking into new areas for improvement. While Chromia continues to grow its mainnet ecosystem with its newly established Data and AI Ecosystem Fund, Chasm Network is getting ready to debut its native token.
Source: https://thenewscrypto.com/chromia-partners-with-chasm-network-to-boost-decentralized-ai/