Injective partners with Fetch.ai for AI-driven finance

Injective (CRYPTO:INJ) has announced a collaboration with Fetch.ai’s Artificial Superintelligence Alliance (CRYPTO:FET) to enhance blockchain innovation and interoperability.

This partnership merges Injective’s strength in the DeFi sector with ASI’s advanced AI technologies.

The integration received significant backing, with Governance Proposal 30 of ASI approved unanimously by its members.

The ASI Alliance, composed of Fetch.ai, Ocean Protocol (CRYPTO:OCEAN), and SingularityNet (CRYPTO:AGIX), aims to advance decentralised artificial intelligence and artificial general intelligence.

This new partnership focuses on open-source AI, aligning with Injective’s expertise in DeFi to push the boundaries of blockchain technology.

The collaboration provides unique opportunities for developers and users of both platforms.

One notable benefit is access to FET, ASI’s native token, through Injective’s decentralised applications (dApps) such as Helix.

Developers are also encouraged to leverage AI to create new strategies and enhance current dApps and products.

Additionally, ASI Alliance users can deploy tokens across Injective’s suite of dApps.

Injective stated that this integration marks the beginning of an extensive partnership with the ASI Alliance, emphasising mutual research and exploring innovative use cases.

Both teams are committed to collaborative research and developing new products to further expand the potential applications of AI and blockchain technology.

This venture promises to combine AI capabilities with decentralised finance, providing new possibilities for developers and consumers in the blockchain space.

At the time of reporting, the Injective (INJ) price was $22.22, and the Artificial Superintelligence Alliance (FET) price was $1.40.