Artificial Intelligence

10 Most Promising Cryptocurrencies that Use AI

Rachana Saha

10 AI-Integrated Cryptocurrencies: Pioneering the Future

As the world of cryptocurrencies continues to evolve, the integration of artificial intelligence has paved the path for numerous possibilities. In this article, we will discuss about 10 most promising cryptocurrencies that are harnessing the power of AI to address various real-world challenges.

Injective (INJ):

Injective (INJ) is a cryptocurrency project that primarily focuses on finance and the development of decentralized finance (DeFi) applications. Injective enables users to engage in a range of financial activities within the DeFi ecosystem. It conducts margin trading, derivatives trading, and forex futures trading across various blockchain networks. The native cryptocurrency of Injective, INJ secures and confirms the integrity of the blockchain's transactions. It is also utilized for governance purposes and allows token holders to participate in decision-making processes.

Render token (RNDR):

Render facilitates the rendering of computer graphics by utilizing the computing power of cryptocurrency miners who are willing to rent out their Graphics Processing Units (GPUs). This approach allows artists and other users to tap into the GPU resources they need. Users spend RNDR to access the GPU power offered by miners.

Oasis Network (ROSE):

Oasis Network is a proof-of-stake (PoS) blockchain network that is specifically designed to facilitate open finance, which will bolster privacy. The native cryptocurrency of the Oasis Network is ROSE. Users use ROSE for various purposes like transaction fees, staking, and participating in the network's ecosystem. The Oasis Network is known as the "first privacy-enabled blockchain platform for open finance and a responsible data economy."

dKargo (DKA):

dKargo is a blockchain platform that employs artificial intelligence to address trust-related challenges within the logistics sector. The platform achieves this by leveraging the immutability of blockchain technology to provide participants with trustworthy and credible data. DKA is the native cryptocurrency of dKargo, and it serves as the medium of exchange.

OriginTrail (TRAC):

OriginTrail is more focused on the supply market industry. The AI crypto project's primary objective is to facilitate real-time tracking of products throughout the supply chain. This is achieved by maintaining an immutable record of product status on the blockchain, eliminating the need for traditional paperwork, and enhancing transparency and traceability. Users access OriginTrail's services by spending its native coin TRAC.

SingularityNet (AGIX):

SingularityNET is a blockchain platform where users can earn AGIX, the native cryptocurrency of SingularityNET, by providing AI services and models or purchase them to incorporate AI capabilities into their own applications. The platform enables users to create and provide AI services.

Ocean Protocol (Ocean):

Similar to SingularityNet, Ocean Protocol facilitates exchange and monetization of data and data-related services. It enables people to share data or data-based services while maintaining control and ownership of their data.

Fetch.ai (FET):

Fetch.ai is a blockchain-based platform that leverages artificial intelligence and machine learning to automate various business tasks. The tasks include data processing and trading. Within this ecosystem, the native cryptocurrency, FET, serves as the means of payment for conducting transactions and interacting with the network.

Akash Network (AKT):

The decentralized cloud computing platform, Akash Network, serves as a marketplace. It acts as an intermediary for people requiring cloud computing resources and providers of them. This connection is facilitated via blockchain technology.

The Graph (GRT):

Similar to how Google indexes and retrieves data from websites, The Graph is used for indexing and querying data from various blockchains. The protocol's goal is to make indexing blockchain data more efficient and accessible. To achieve this, The Graph organizes blockchain data into smaller units known as "subgraphs". This approach makes the data more manageable and easier to query.

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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