In a groundbreaking transfer in direction of decentralized AI growth, OKX Ventures has introduced a strategic partnership with FLock.io. Flock.io is a pioneering platform for AI fashions and decentralized purposes (DApps). This collaboration is a major step ahead in harnessing the potential of blockchain know-how to revolutionize the AI business.
We’re thrilled to announce the strategic partnership with @flock_io , a Decentralized and Permissionless Platform for AI Fashions and DAppshttps://t.co/gNF65SXXNF pic.twitter.com/aZsJQq1tRg
— OKX Ventures (@OKX_Ventures) March 28, 2024
FLock.io Pioneers Decentralized AI Options and Transformative Partnerships
FLock.io, a decentralized and permissionless platform, leverages the ability of Federated Studying (FL) and blockchain applied sciences to handle the challenges of information safety and privateness in AI mannequin coaching. By making certain safe mannequin coaching with out exposing underlying supply knowledge, FLock.io gives a novel answer to the rising calls for of the AI panorama.
Dora Yue, the Founding father of OKX Ventures, conveyed her enthusiasm relating to the partnership. She expressed that they had been happy to put money into FLock.io. She highlighted that FLock.io supplied a decentralized AI platform and mannequin neighborhood on the chain by integrating applied sciences corresponding to FL, ZK, and knowledge compression. She famous that knowledge safety posed a problem in AI growth presently. Furthermore, she emphasised that FLock.io allowed customers to contribute native knowledge for mannequin coaching with none knowledge exiting their library.
FLock.io’s revolutionary method not solely addresses knowledge safety considerations but in addition lowers the event threshold for AI DApps on the blockchain. With versatile utility eventualities, builders can seamlessly combine AI functionalities into decentralized purposes.
OKX Ventures’ Strategic Partnership Begins a New Period of AI Growth
OKX Ventures is dedicated to supporting cutting-edge blockchain know-how innovation. With an preliminary capital dedication of USD100M, OKX Ventures focuses on figuring out and investing in initiatives which have the potential to drive long-term structural worth.
The partnership between OKX Ventures and FLock.io indicators a brand new period of collaboration between blockchain and AI applied sciences. As each corporations proceed to push the boundaries of innovation, the way forward for decentralized AI growth appears to be like brighter than ever earlier than.