aelf Expands AI Capabilities Through Key AI Blockchain Partnerships

Layer 1 AI-enhanced Blockchain Furthers Collaborative Efforts to Enhance Blockchain and Token Utility, Data Monetisation, AI Model Training, and Decentralised Compute Power

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Singapore, 21 November 2024 — aelf, a leading Layer 1 AI-enhanced blockchain, is making significant strides in the AI blockchain sector by formalising key partnerships with six prominent AI-driven platforms: Aethir, Edge Matrix Chain (EMC), Gaia, NAWS, NetMind.AI and Nuklai. These collaborations represent a bold step in aelf’s mission to integrate cutting-edge AI solutions and drive ecosystem growth. By working closely with these innovative platforms, aelf aims to create a more interconnected and dynamic blockchain environment, empowering both developers and users.

"Our alliances with these key AI and decentralised technology partners mark a significant milestone for aelf as we continue to expand our capabilities and influence in the blockchain and AI sectors," said Brian Liang, COO of aelf.

He adds "These collaborations are integral to realising our vision of an AI-enhanced blockchain that fosters a robust and versatile ecosystem for innovation. By integrating advanced AI solutions, enhancing data monetisation, and leveraging decentralised compute power, we are strengthening the aelf blockchain and paving the way for the future of AI-driven applications in the blockchain industry."

Accelerating Decentralised Compute Power and AI Model Training

Aethir

aelf will leverage Aethir's distributed GPU-based compute infrastructure to scale AI model training and deployment across its network. By integrating Aethir’s infrastructure, aelf will bolster its support for AI-driven applications, providing developers with the resources needed to build and scale advanced models within the blockchain network.

Edge Matrix Chain (also known as EMC)

aelf is partnering with Edge Matrix Chain (EMC), a blockchain-based edge computing protocol, to integrate its GPU computing capabilities into aelf's ecosystem. This integration will bring decentralised computing power to aelf’s infrastructure, providing developers with flexible and efficient resources for building dApps and processing data.

AI-Driven Smart Contract Generation

Gaia

In collaboration with Gaia, an open-source AI platform that allows anybody to build specialised AI systems, aelf will soon deploy an AI agent capable of generating basic smart contracts. As the partnership evolves, aelf and Gaia will enable this agent to handle even more complex smart contract creation, opening the door for more efficient, scalable dApp development in the aelf ecosystem.

Empowering Data Monetisation

Nuklai

aelf’s partnership with Nuklai, a decentralised platform specialising in data sharing and monetisation, will bring powerful data-driven insights and analysis to the aelf network. aelf will leverage Nuklai's decentralised ecosystem and expertise in data sharing, collaboration, and monetisation to enable users to monetise their data securely.

AI-Powered Services for Smart Contract Optimisation and Security

NetMind.AI

NetMind.AI, a decentralised infrastructure provider for Artificial General Intelligence (AGI), will support aelf to optimise and secure its smart contracts. Together, aelf and NetMind.AI will develop a custom large language model (LLM) tailored to enhance vulnerability detection, gas optimization, and security across aelf's ecosystem. The model will be dynamically fine-tuned and eventually deployed on NetMind's infrastructure, integrating with aelf’s systems via API to ensure high-performance support for smart contract security, reinforcing aelf blockchain’s integrity.

Enhancing Token Utility and Transaction Flexibility

NAWS

In the initial phase, aelf’s $ELF token will be integrated into NAWS’s peer-to-peer (P2P) aggregator and content marketplace. Leveraging NAWS’s AI-powered payment optimisation, this integration expands the market reach and utility of $ELF across NAWS's ecosystem, where users can engage in P2P transactions for digital assets like video, art, music, and DePIN resource vouchers. In the next phase, aelf plans to incorporate NAW's token swap infrastructure into its blockchain network, encouraging dApps within the aelf ecosystem to utilise NAW's technology for additional utility and transaction flexibility.

Looking Ahead

‍These partnerships advance aelf’s vision of an interconnected, innovative AI blockchain ecosystem. By collaborating with leaders in decentralised computing, data monetisation, and AI, aelf is positioned to drive ecosystem growth, boost user engagement, and create new opportunities for developers and users. Upcoming events including hackathons and data challenges with these partners will also foster community collaboration and innovation, furthering aelf's commitment to a secure, scalable, and transformative AI-enhanced decentralised future.

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Disclaimer: The information provided in this press announcement is for general informational purposes only and does not constitute legal, financial, or investment advice. aelf makes no representations or warranties of any kind, express or implied, regarding the accuracy, completeness, or reliability of the information provided in this press announcement. Any reliance you place on such information is strictly at your own risk. Blockchain technology and cryptocurrency involve inherent risks, including but not limited to market volatility, regulatory changes, and potential security vulnerabilities. By accessing and using the information provided in this press announcement, you agree to indemnify and hold aelf, its officers, directors, employees, and agents harmless from and against any and all claims, liabilities, damages, losses, or expenses arising out of or in connection with your use of the information. aelf reserves all rights not expressly granted in this press announcement.

About aelf

aelf, an AI-enhanced Layer 1 blockchain network, leverages the robust C# programming language for efficiency and scalability across its sophisticated multi-layered architecture. Founded in 2017 with its global hub in Singapore, aelf is a pioneer in the industry, leading Asia in evolving blockchain with state-of-the-art AI integration to ensure an efficient, low-cost, and highly secure platform that is both developer and end-user friendly. Aligned with its progressive vision, aelf is committed to fostering innovation within its ecosystem and advancing Web3 and AI technology adoption.

For more information about aelf, please refer to our Whitepaper V2.0.

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Tool/Platform	What's it about
ChainGPT	An AI-powered assistant for the blockchain and crypto industry, specializing in content creation, language translation, smart contract coding, and more.
aelf	A high-performance, customisable multi-chain blockchain framework with AI-powered smart contracts and a developer-friendly environment.
Quick Intel	An AI-powered crypto security platform that helps investors avoid scams, rug pulls, and honeypots by analysing smart contracts, social sentiment, and on-chain data.
Cogwise AI News Aggregator	An AI-powered news aggregator that analyses real-time news and global trends to predict market movements in the crypto market.
OpenAI Codex	An AI system that transforms natural language into code, automating code creation for smart contracts, blockchain applications, and other development tasks.
QnA3	An AI-powered Web3 knowledge hub that provides real-time information and insights on cryptocurrencies, blockchain projects, and the broader Web3 ecosystem, with unique Solana Actions integrations.
Fetch.ai	A platform that combines AI and blockchain to create autonomous economic agents (AEAs) for various applications, including supply chain optimisation and smart city management.
Octavia	A decentralised digital identity (DID) platform for creating and managing self-sovereign digital identities, empowering users to control their data and online presence.
TensorFlow	A versatile open-source machine learning framework used for building AI models that can analyse blockchain data, enhance security, and predict market trends.
Alethea	A platform that creates 'Intelligent NFTs' (iNFTs) with unique personalities and the ability to engage in conversations, powered by AI and blockchain technology.

Chain	URL	Explorer
AELF	https://aelf-test-node.aelf.io/	https://explorer-test.aelf.io/
tDVW	https://tdvw-test-node.aelf.io/	https://explorer-test-side02.aelf.io/

Feature	Description
Inheritance	ERC-404 inherits from the interfaces IERC-404, IERC721 Receiver, and IERC165, implementing functions specified in these interfaces, behaving as both ERC20 and ERC721.
Data Structures	Mappings track balances, allowances, approvals, and ownership of tokens. Double-ended queue stores ERC721 token IDs. Data for managing ownership and indices of ERC721 tokens.
Constructor	Initialises token name, symbol, decimals, and other necessary variables for ERC20 and ERC721 tokens.
Token Minting and Burning	_mintERC20 function for minting ERC20 tokens. _retrieveOrMintERC721 function for minting ERC721 tokens and retrieving from a bank. _withdrawAndStoreERC721 function for depositing ERC721 tokens into the bank.
Transfers	Functions for transferring ERC20 and ERC271 tokens between addresses. Distinguishes between token types based on ID. _transferERC20WithERC721 function handles transfers involving both types.
ERC20 and ERC721 Interactions	Approve function handles approvals for both token types. Functions like transferFrom, safeTransferFrom, and permit handle transfers and approvals.
EIP-2612 Support	Supports EIP-2612 permit functionality for ERC20 tokens.
Interface Compatibility	Implements necessary functions for ERC-404 and ERC165 interfaces, indicating compatibility with ERC20 and ERC721 standards.

Role	Max Number
BP	2N+1, N starts from 8 in 2022
Candidate node	5*(2N+1)
Voter	No limit

Benefits	Description
Makes smart contracts 'smarter'	AI-driven smart contracts can autonomously modify terms based on predefined conditions and real-time data input, ensuring that the contracts are not just automated but also intelligent and self-improving over time.
Levelled up data analysis	Data is the new oil, and AI is the machinery that refines it. It is possible for AI to reduce large-volume blockchain data analysis time by up to 90%.
Boosts security	Through machine learning models, AI can prevent frauds and detect security threats in real time. It can identify potential breaches, predict future threats, and adapt to evolving security measures.
Lowers carbon footprint	AI algorithms help optimise energy consumption in blockchain operations, given the flak drawn by activities like Bitcoin mining.