Huobi Incubator (part of Huobi Group) announced it has partnered with Relation Labs. Huobi Incubator will offers it services to Relation Labs in terms of marketing support, guidance and consultation.
In addition, Huobi Incubator will work to increase Relation Labs’ global awareness and its web3 Social Graph project it is developing. Relation Labs is developing a decentralized Web3 social graph via a range of technologies that includes artificial intelligence (AI
Artificial Intelligence (AI)
Artificial Intelligence (AI) is a term coined by in 1956, which defines the automation of robotics to the actual process of robotics.The evolution of technology has since led to the gradual adoption of AI in several aspects of our lives. One of the most pertinent is its impact in the financial services industry, which provides a wide range of possibilities moving forward.Ways AI Can Transform FinanceAI has the potential to transform the financial services industry forever. This can take shape in many forms, the most obvious being risk assessment.One of the main benefits of AI is its ability to process wide swaths of data, which makes it ideal for financial bookkeeping and records.For example, as this information is data driven, scanning through these records gives AI the ability to make a recommendation of loan and credit offerings which make historical sense.Another area for AI to shine is fraud detection and management. It can analyze past spending behaviors on different transaction instruments to point out odd behavior or fraud.Machine learning also holds tremendous potential, which is defined as an application of AI that looks to automatically learn and improve from experience without being explicitly programmed. Machine learning is a rapidly growing field that also focuses on the development of computer programs that can access data and use it learn for themselves.Finally, AI can also assist humans in managing finance. Properly managing finances can be a challenging task on a personal or corporate level.From a small-scale investment to a large-scale investment, AI can establish itself as a watchdog for the future for managing finances.
Artificial Intelligence (AI) is a term coined by in 1956, which defines the automation of robotics to the actual process of robotics.The evolution of technology has since led to the gradual adoption of AI in several aspects of our lives. One of the most pertinent is its impact in the financial services industry, which provides a wide range of possibilities moving forward.Ways AI Can Transform FinanceAI has the potential to transform the financial services industry forever. This can take shape in many forms, the most obvious being risk assessment.One of the main benefits of AI is its ability to process wide swaths of data, which makes it ideal for financial bookkeeping and records.For example, as this information is data driven, scanning through these records gives AI the ability to make a recommendation of loan and credit offerings which make historical sense.Another area for AI to shine is fraud detection and management. It can analyze past spending behaviors on different transaction instruments to point out odd behavior or fraud.Machine learning also holds tremendous potential, which is defined as an application of AI that looks to automatically learn and improve from experience without being explicitly programmed. Machine learning is a rapidly growing field that also focuses on the development of computer programs that can access data and use it learn for themselves.Finally, AI can also assist humans in managing finance. Properly managing finances can be a challenging task on a personal or corporate level.From a small-scale investment to a large-scale investment, AI can establish itself as a watchdog for the future for managing finances.
Read this Term).
‘Relation Labs is building a multi-chain decentralized Web3 social graph. We empower Web3 data producers with 100% ownership, allowing everyone to create and harvest data value in the Web3 ecosystem in an open and simple way.’
Through the Relation One social app, P2P chats, game matching, DAO, group invites and more is possible. If a user agrees to share the data with DApps, tokens will be awarded for the data. More tokens will be awarded with more data that is given.
It has been estimated that the total market TVL (total value locked) of DeFi is currently $244 billion.
DFinity, Ethereum
Ethereum
Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, called Turing Complete, which is used to build the dapps. Dapps run on a peer-to-peer (P2P0 network of virtual machines. These can be just about anything and are optimized to run on Smart Contracts. Smart Contracts are pieces of code that execute a predetermined set of actions once a certain set of criteria are met. The Ethereum network’s native currency is called Ether, or ETH. ETH tokens can be used to pay for things inside of dapps or to receive payouts from smart contracts. They can also be traded off of the Ethereum network inside of cryptocurrency exchanges or OTC trading platforms. For most of its lifetime, Ethereum has remained as the second-largest and most popular cryptocurrency in terms of its market cap. It was briefly outpaced by Bitcoin Cash near the end of 2017.Ethereum’s origin dates back to late 2013 when crypto researcher and programmer Vitalik Buterin proposed its utility.Its development was subsequently funded by an online crowdsale that took place in the middle of 2014 before going live in July 2015. At its inception, Ethereum went live with 72 million coins minted, accounting for approximately 65 percent of its total circulating supply as of May 2020.Like other cryptos, Ethereum has had a checkered past, resulting in splits. Back in 2016, an exploited vulnerability in The DAO project’s smart contract software caused the theft of $50 million worth of ether.As a result, Ethereum was split into two separate blockchains – a newer and separate version became known as Ethereum (ETH), while the original chain continued to be known as Ethereum Classic (ETC).
Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, called Turing Complete, which is used to build the dapps. Dapps run on a peer-to-peer (P2P0 network of virtual machines. These can be just about anything and are optimized to run on Smart Contracts. Smart Contracts are pieces of code that execute a predetermined set of actions once a certain set of criteria are met. The Ethereum network’s native currency is called Ether, or ETH. ETH tokens can be used to pay for things inside of dapps or to receive payouts from smart contracts. They can also be traded off of the Ethereum network inside of cryptocurrency exchanges or OTC trading platforms. For most of its lifetime, Ethereum has remained as the second-largest and most popular cryptocurrency in terms of its market cap. It was briefly outpaced by Bitcoin Cash near the end of 2017.Ethereum’s origin dates back to late 2013 when crypto researcher and programmer Vitalik Buterin proposed its utility.Its development was subsequently funded by an online crowdsale that took place in the middle of 2014 before going live in July 2015. At its inception, Ethereum went live with 72 million coins minted, accounting for approximately 65 percent of its total circulating supply as of May 2020.Like other cryptos, Ethereum has had a checkered past, resulting in splits. Back in 2016, an exploited vulnerability in The DAO project’s smart contract software caused the theft of $50 million worth of ether.As a result, Ethereum was split into two separate blockchains – a newer and separate version became known as Ethereum (ETH), while the original chain continued to be known as Ethereum Classic (ETC).
Read this Term and Polkadot were successfully joined in the protocol. Polygon, Cosmos, Solana and Near (Protocol) are among the blockchains that are in development.
According to Relations Labs’ website, the development of the AI smart machine is only due in 2023.
Officials Remarks
Jewel Chen, the Head of Huobi Incubator, said: “Relation Lab’s Web3 Social Graph project will provide solutions to address user-growth dilemmas surrounding current SocialFi and startup projects that are sorely needed in the market today.”
“Our professional guidance and resources will allow both parties to mutually benefit and look forward to unlocking a new paradigm of social network Dapps in the near future.”
Jessica C, the Founder of Relation Labs, said the following about the partnership: “Our partnership with Huobi Incubator will greatly benefit development of Web3 Social Graph and promote Web3 innovation.
“We hope this long-term vision of ours will come to pass as we work with the best expertise and resources in the crypto space that Huobi Incubator will provide.”
Huobi Incubator (part of Huobi Group) announced it has partnered with Relation Labs. Huobi Incubator will offers it services to Relation Labs in terms of marketing support, guidance and consultation.
In addition, Huobi Incubator will work to increase Relation Labs’ global awareness and its web3 Social Graph project it is developing. Relation Labs is developing a decentralized Web3 social graph via a range of technologies that includes artificial intelligence (AI
Artificial Intelligence (AI)
Artificial Intelligence (AI) is a term coined by in 1956, which defines the automation of robotics to the actual process of robotics.The evolution of technology has since led to the gradual adoption of AI in several aspects of our lives. One of the most pertinent is its impact in the financial services industry, which provides a wide range of possibilities moving forward.Ways AI Can Transform FinanceAI has the potential to transform the financial services industry forever. This can take shape in many forms, the most obvious being risk assessment.One of the main benefits of AI is its ability to process wide swaths of data, which makes it ideal for financial bookkeeping and records.For example, as this information is data driven, scanning through these records gives AI the ability to make a recommendation of loan and credit offerings which make historical sense.Another area for AI to shine is fraud detection and management. It can analyze past spending behaviors on different transaction instruments to point out odd behavior or fraud.Machine learning also holds tremendous potential, which is defined as an application of AI that looks to automatically learn and improve from experience without being explicitly programmed. Machine learning is a rapidly growing field that also focuses on the development of computer programs that can access data and use it learn for themselves.Finally, AI can also assist humans in managing finance. Properly managing finances can be a challenging task on a personal or corporate level.From a small-scale investment to a large-scale investment, AI can establish itself as a watchdog for the future for managing finances.
Artificial Intelligence (AI) is a term coined by in 1956, which defines the automation of robotics to the actual process of robotics.The evolution of technology has since led to the gradual adoption of AI in several aspects of our lives. One of the most pertinent is its impact in the financial services industry, which provides a wide range of possibilities moving forward.Ways AI Can Transform FinanceAI has the potential to transform the financial services industry forever. This can take shape in many forms, the most obvious being risk assessment.One of the main benefits of AI is its ability to process wide swaths of data, which makes it ideal for financial bookkeeping and records.For example, as this information is data driven, scanning through these records gives AI the ability to make a recommendation of loan and credit offerings which make historical sense.Another area for AI to shine is fraud detection and management. It can analyze past spending behaviors on different transaction instruments to point out odd behavior or fraud.Machine learning also holds tremendous potential, which is defined as an application of AI that looks to automatically learn and improve from experience without being explicitly programmed. Machine learning is a rapidly growing field that also focuses on the development of computer programs that can access data and use it learn for themselves.Finally, AI can also assist humans in managing finance. Properly managing finances can be a challenging task on a personal or corporate level.From a small-scale investment to a large-scale investment, AI can establish itself as a watchdog for the future for managing finances.
Read this Term).
‘Relation Labs is building a multi-chain decentralized Web3 social graph. We empower Web3 data producers with 100% ownership, allowing everyone to create and harvest data value in the Web3 ecosystem in an open and simple way.’
Through the Relation One social app, P2P chats, game matching, DAO, group invites and more is possible. If a user agrees to share the data with DApps, tokens will be awarded for the data. More tokens will be awarded with more data that is given.
It has been estimated that the total market TVL (total value locked) of DeFi is currently $244 billion.
DFinity, Ethereum
Ethereum
Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, called Turing Complete, which is used to build the dapps. Dapps run on a peer-to-peer (P2P0 network of virtual machines. These can be just about anything and are optimized to run on Smart Contracts. Smart Contracts are pieces of code that execute a predetermined set of actions once a certain set of criteria are met. The Ethereum network’s native currency is called Ether, or ETH. ETH tokens can be used to pay for things inside of dapps or to receive payouts from smart contracts. They can also be traded off of the Ethereum network inside of cryptocurrency exchanges or OTC trading platforms. For most of its lifetime, Ethereum has remained as the second-largest and most popular cryptocurrency in terms of its market cap. It was briefly outpaced by Bitcoin Cash near the end of 2017.Ethereum’s origin dates back to late 2013 when crypto researcher and programmer Vitalik Buterin proposed its utility.Its development was subsequently funded by an online crowdsale that took place in the middle of 2014 before going live in July 2015. At its inception, Ethereum went live with 72 million coins minted, accounting for approximately 65 percent of its total circulating supply as of May 2020.Like other cryptos, Ethereum has had a checkered past, resulting in splits. Back in 2016, an exploited vulnerability in The DAO project’s smart contract software caused the theft of $50 million worth of ether.As a result, Ethereum was split into two separate blockchains – a newer and separate version became known as Ethereum (ETH), while the original chain continued to be known as Ethereum Classic (ETC).
Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, called Turing Complete, which is used to build the dapps. Dapps run on a peer-to-peer (P2P0 network of virtual machines. These can be just about anything and are optimized to run on Smart Contracts. Smart Contracts are pieces of code that execute a predetermined set of actions once a certain set of criteria are met. The Ethereum network’s native currency is called Ether, or ETH. ETH tokens can be used to pay for things inside of dapps or to receive payouts from smart contracts. They can also be traded off of the Ethereum network inside of cryptocurrency exchanges or OTC trading platforms. For most of its lifetime, Ethereum has remained as the second-largest and most popular cryptocurrency in terms of its market cap. It was briefly outpaced by Bitcoin Cash near the end of 2017.Ethereum’s origin dates back to late 2013 when crypto researcher and programmer Vitalik Buterin proposed its utility.Its development was subsequently funded by an online crowdsale that took place in the middle of 2014 before going live in July 2015. At its inception, Ethereum went live with 72 million coins minted, accounting for approximately 65 percent of its total circulating supply as of May 2020.Like other cryptos, Ethereum has had a checkered past, resulting in splits. Back in 2016, an exploited vulnerability in The DAO project’s smart contract software caused the theft of $50 million worth of ether.As a result, Ethereum was split into two separate blockchains – a newer and separate version became known as Ethereum (ETH), while the original chain continued to be known as Ethereum Classic (ETC).
Read this Term and Polkadot were successfully joined in the protocol. Polygon, Cosmos, Solana and Near (Protocol) are among the blockchains that are in development.
According to Relations Labs’ website, the development of the AI smart machine is only due in 2023.
Officials Remarks
Jewel Chen, the Head of Huobi Incubator, said: “Relation Lab’s Web3 Social Graph project will provide solutions to address user-growth dilemmas surrounding current SocialFi and startup projects that are sorely needed in the market today.”
“Our professional guidance and resources will allow both parties to mutually benefit and look forward to unlocking a new paradigm of social network Dapps in the near future.”
Jessica C, the Founder of Relation Labs, said the following about the partnership: “Our partnership with Huobi Incubator will greatly benefit development of Web3 Social Graph and promote Web3 innovation.
“We hope this long-term vision of ours will come to pass as we work with the best expertise and resources in the crypto space that Huobi Incubator will provide.”
Source: https://www.financemagnates.com/cryptocurrency/huobi-incubator-forms-a-strategic-partnership-with-relation-labs/