1 year ago
PRESS RELEASE. USA, 230928 – The Worldwide AI & Web3 Summit, held connected September 28 – 29, 2023, brought unneurotic manufacture leaders from enterprises specified arsenic HAI Stanford, Berkeley/HAAS, Google Deepmind, NVIDIA, and Meta to research the intersection of AI and Web3 technologies and their imaginable to alteration assorted sectors.
Web3 – the precocious emerging conception considered the adjacent procreation of the net – is characterized by blockchain-integration exertion and decentralized principles, offering information for innovation, trust, and inclusivity. Combined with AI, the duo holds committedness for Sustainable Development projects, aligning with the United Nations’ Sustainable Development Goals (SDGs).
Mr. Thomas Neubert, the co-founder of WowDAO AI, highlighted the imaginable of this synergy successful revolutionizing vigor management. “AI algorithms tin optimize vigor depletion successful real-time, portion Web3 enables peer-to-peer vigor trading connected a decentralized platform, starring to much businesslike vigor usage and reduced c emissions. This operation is poised for wide adoption, benefiting areas specified arsenic renewable vigor management, astute agriculture, h2o and discarded management, etc.”
Also, by Neubert, Southeast Asia (SEA) was identified arsenic a premier portion for exploration owed to planetary economical shifts. SEA’s maturation successful startup activities and crypto trading, exemplified by Vietnam and Singapore, positioned the portion arsenic a person successful the question of Web3 and AI innovation.
In the lawsuit of Vietnam, the country’s exertion scenery offers a conducive situation for innovation successful Web3 and AI, reflected by its tech-savvy workforce that proves by ranks 8th globally for bundle engineers. Vietnam’s acceptance of blockchain and precocious complaint of crypto ownership, on with galore startups and innovation hubs, placed it astatine the forefront of the exertion boom.
As emphasized by Ms. Trang Phung, CMO of U2U Foundation, “Vietnam has the imaginable for pushing the boundaries of Web3 and AI innovation. These potentials highlighted the high-quality quality resources, authorities policies supporting exertion assemblage development, and the galore blockchain startup projects that positioned Vietnam arsenic a determination exertion cardinal player.”
The Worldwide AI & Web3 Summit besides hosted the Worldwide AI Hackathon 2023, an exclusive incubator programme for AI enthusiasts and early-stage startups. Over 1,700 contestants from 88 countries registered, with apical projects undergoing rigorous valuation by judges from starring tech giants.
Yvonne Lutsch – Investment Principal of Bosch Ventures, and Nestor Maslej – Research Manager of Stanford HAI, person the aforesaid thought successful expressing their excitement astir AI’s applicable exertion and maturation successful the existent world.
“AI is starting to determination into the existent world. I deliberation 5 years ago, 10 years ago, AI was inactive precise overmuch thing that existed successful the lab, with galore promises and potential, but it wasn’t needfully wide erstwhile that imaginable and that committedness would beryllium realized. But now, AI is being utilized successful tangible ways, and successful these usage cases, I would accidental we should lone expect to proceed growing,” Maslej said.
The Worldwide AI Hackathon aimed to adress sustainability done blockchain. Mr. Cris D Tran – Founding Advisor of U2U Foundation – highlighted the imaginable of Web3 and AI for Sustainable Development, with the U2U Chain arsenic an breathtaking solution. The U2U Chain’s method advancements, scalability, security, and collaborations with ESG-focused enterprises positioned them arsenic the person successful the “green” blockchain industry.
The U2U Chain has marked a important technological advancement successful the blockchain sector, integrating the Proof of Elapsed Time with the Gossip protocol and the DAG algorithm. With a theoretical capableness of 500,000 transactions per 2nd (tps), a transaction finality of 350ms, and triple layers of Sybil protection, the U2U Chain is emerging arsenic the preferred prime for Enterprise applications successful Vietnam and South East Asia. This operation of features is reported to heighten scalability, security, and decentralization, further solidifying its presumption successful the market.
On a planetary scale, U2U’s collaboration with “green” enterprises underscored their committedness to biology sustainability. The U2U Foundation’s ngo revolved astir wide adopting the Unicorn Ultra Chain, aiming to make a much decentralized, secure, and transparent integer environment.
About U2U Foundation
The U2U Foundation is dedicated to promoting the maturation of the U2U ecosystem, leveraging the spot of the U2U Chain. The instauration envisions the Unicorn Ultra Chain arsenic a revolutionary distributed ledger platform, making integer interactions accessible and user-friendly. By fostering decentralization, security, and transparency, the U2U Foundation seeks to physique the adjacent large things by providing information and innovation for planetary Web3 startups.
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