ICP incorporates face identification in the forthcoming AI demo

As per the Founder of Dfinity, Dominic Williams, the forthcoming AI smart contract demonstration will include the newly introduced feature of face identification. However, it presently lies on the anvil. 

Incidentally, Dfinity is the parent company of Internet Computer (ICP) blockchain.

Internet Computer is known to position AI on smart contracts. It has been engaged in attempting to exhibit the way AI operates on ICP testnets, making it independent and secure. 

Dfinity has claimed it is carrying out further enhancements to the AI smart contract demo piece, with a focus on true acceleration. 

At a time when AI seems to be grabbing the headlines and being ruled by ChatGPT, multiple crypto projects are meant to join the bandwagon. Other than Internet Computer, entities such as SingularityNET (AGIX), Fetch.ai (FET), and Ocean Protocol have formed a coalition for artificial superintelligence (ASI).   

This coalition intends to go up against the giants of the industry, such as OpenAI and Google, through the creation of utilizable articles and solutions. For now, it focuses on gathering everyone involved in the project to endorse the coalition. If they are successful, there will be the witnessing of three individual tokens combining into a sole token., in a 1:1:1 ratio. 

In a scenario witnessing a surge in the market, AI tokens seem to be creating their own space. Currently, the company is actively involved in increasing its conventional ICP by 1.67% and 12.32%. 

Render (RNDR), a decentralized GPU providing space, has gone through a 1.54% increase during the past day and stands at $10.14. 

Tokens belonging to the ASI coalition, such as FET, as well as OCEAN and AGIX, have seen a surge by 2.68%, 2.5%, and 2.17%, respectively, equating it to $2.301, $0.9619, and $0.96. There may be further jumps on the horizon.

David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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