Continuing its innovative steps in the blockchain ecosystem, SingularityDAO announced plans to merge with Cogito Finance and SelfKey. This merger aims to create a Layer-2 solution focused on artificial intelligence (AI).
In a statement, the background of the merger is the goal of increasing the integration of AI applications and solutions with blockchain technology. SingularityDAO emphasized that this trilateral collaboration presents an important opportunity to enable users to access AI-based services more efficiently and effectively.
Cogito Finance will bring its expertise in AI and data analytics to this process. SelfKey will contribute to the merger as a platform that allows users to securely manage their digital identities. The merger aims to increase efficiency on the blockchain, enabling users to have better experiences.
SingularityDAO’s CEO said, “With this merger, we aim to revolutionize the intersection of artificial intelligence and blockchain. We will provide more powerful and accessible solutions for our users.”
With the development of the project, it remains to be seen how the AI-driven Layer-2 solution will impact the markets in the coming period. This collaboration has created a great deal of excitement in the blockchain community and has the potential to open up new opportunities for investors and users.
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