Artificial Intelligence platform verification Claude has launched a new larger language model on the Hadera Network, which provides potentially decentralized finance users the ability to access blockchain data in a more accessible manner.
The Mavrik-1 AI engine has been deployed on Hedera, with the expectation of several other planned integration during a public rollout this year, the verification Cloud team told cointelegraph.
The AI engine is designed to allow users to interact with the DEFI protocol and allow access to blockchain data through natural language questions without technical expertise or need for knowledge.
Uses live onchain data trained for Mavrik-1 Defi, Stabelcoins And other blockchain applications.
Verification Cloud told Cointeletgraph, “Despite DEFI accounting for more than 50% of all onchain activity, accessing and interpreting that data is a major obstacle for most users and institutions,”
Since at least 2023, blockchain companies have developed AI chatbots to assist developers and users. However, as Coincidence report At the time, wide adoption faced major obstacles, especially for AI-managed smart contracts, which were interrupted by high and unexpected gas charges.
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AI growing utility in web 3
With set to be a $ 15 trillion industry by AI 2030, its greater activity will be migrated on decentralized web as blockchain gives users more control over computing resources and databases, according to it LevehartzAn AI Development Company.
This was further confirmed by Ernst and Young, which Informed In 2024 that “AI and Web 3 can address shortcomings in each other.”
“Web3 AI can help deal with its trust issues, and AI can help remove the challenges of the adoption of Ab3,” E&Y said.
The use of cases for AI has been popped up in the blockchain industry, Recently reporting cointelegraph The co-founder of a circle launched “AI Domestic Bank” with $ 18 million at Fresh Startup Capital.
venture capital $ 73 billion in AI Startup During the first quarter, according to the pitchbook data. More than half of the total was a single funding round at the flat developer Openai, which raised $ 40 billion in March.
Although Crypto-centric enterprise is excited about capitalist AI applications, some have Expressed reservation about investment As long as technology moves forward.
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