LINK Pivot To AI Token Way, Developers Hint – Crypto News – Crypto News
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LINK Pivot To AI Token Way, Developers Hint – Crypto News

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ChainLink News: Developers of Ethereum based blockchain network appear to be in the race to associate the project with AI integration. In the wake of ChatGPT’s instant adoption in recent times and the huge interest in AI tokens In the crypto space, there is a hunt for a mix of blockchain and AI. Traders continue to place their bets on some of the emerging AI tokens, even as the ChatGPT Vs Google Bard war is on. Meanwhile, existing cryptocurrencies are in no mood to let go of the opportunity to cash in on the AI ​​mania.

Also Read: US Voters Can Now Donate In Crypto To Politicians; However Conditions Apply

Chainlink Developers Begin AI Integration Efforts

Chainlink founder Sergey Nazarov revealed the team’s plans to integrate the various AI based use cases for the blockchain. Primarily, Chainlink is a solution that enables universally connected smart contracts, meaning it allows off-chain interaction in the world of Decentralized finance (DeFi), Among the proposals is to initiate an AI-based fraud detection for cross-chain operations. Overall, the objective is to eventually find ways to build AI based learning.

Also Read: This AI Token Is Ready To Enter Top 100 Cryptos; Time To Buy?

Hence, a reasonable use of AI will give Chainlink a makeover of an AI token. In popular perception, AI tokens are those cryptocurrencies that utilize artificial intelligence to improve core qualities like scalability and security.

With a market cap of $3.51 billion, the cryptocurrency is ranked 21 based on current market capitalization. As of writing, LINK price stands at $6.91, up 2.49% in the last 24 hours. CoinGape price tracker,

Anvesh reports major developments around crypto adoption and trading opportunities. Having been associated with the industry since 2016, he is now a strong advocate of decentralized technologies. Anvesh is currently based in India. Follow Anvesh on Twitter at @BitcoinReddy and reach out to him at [email protected]

The content presented may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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