SingularityNET & DVNet Forge Decentralized Tech Alliance for Circular Economies
Data Value Network (DVNet) and SingularityNET, an organization building Artificial General Intelligence (AGI) to benefit mankind, have today joined hands in a historic joint venture, aiming to revolutionize the integration of decentralized technologies in circular economies.
DVNet is a well-known pioneer in fostering vibrant trading communities, and through its collaboration with SingularityNET, the leader in decentralized AI marketplaces, it aims to integrate decentralized technologies, Artficial Intelligence (AI), blockchain, and Web3 innovations to address the challenges prevalent in circular economies.
Dr. Ben Goertzel, CEO of SingularityNET, also shared his thoughts about this joint venture by commenting,
“DVNet is doing a great amount of important work as regards food distribution, waste reduction, transportation optimization and other aspects of practical life. I became quite excited when I understood how their unique software and approach treats these real-world problems as data problems and coordination problems, leveraging blockchain technology to enable multiple parties in a value network to cooperate for mutual benefit in a secure and data-sovereignty-preserving way.”
“It also seemed quite clear to me how neural-symbolic AI technology deployed on SingularityNET platform could enable DVNet to do what they do even better, via identifying and anticipating patterns in collective data and activity in value networks across the vertical areas they address. We are now actively working to bring this vision to life, and are getting a clearer and clearer picture of the benefits this will bring to the communities served by DVNet’s systems.”
CEO of Data Value Network, Ron Cuthbertson, also expressed his enthusiasm about this partnership saying,
"I am excited about the possibilities that this partnership with SingularityNET heralds for the Data Value Network. By combining our strengths, we are set to enhance DVNet's mission in unlocking the tremendous potential of shared data. This collaboration is a testament to our commitment to enabling trading communities to not only form and thrive but to do so in a manner that is prosperous for everyone involved. Leveraging advanced technologies such as AI and machine learning, and fortified by the security of blockchain, we are set to dismantle the barriers of data and information that stand in the way of addressing global sustainability challenges and paving the way for a sustainable and decentralized future."
The partnership is set to leverage DVNet's expertise in forming data-commons integrated with community management tools. DVNet’s signature tools are designed to facilitate a value-sharing system, wholly owned and governed by community members. DVNet's approach includes providing governance frameworks, as well as a technology marketplace to ease participation barriers, thereby delivering sustainable economic value.
On the other hand, SingularityNET brings to the forefront its pioneering blockchain-based decentralized AI marketplace. With a core mission centered on developing Artificial General Intelligence (AGI) for a beneficial technological singularity, their contribution is poised to be a game-changer in the joint venture.
This partnership marks a significant step forward in combining the strengths of both companies to innovate and solve real-world problems in today's dynamic business environment and throughout the landscape of decentralization. The promise? A clearer path toward a more decentralized world.
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About SingularityNET
SingularityNET was founded by Dr. Ben Goertzel with the mission of creating a decentralized, democratic, inclusive and beneficial Artficial General Intelligence (AGI). An AGI is not dependent on any central entity, is open to anyone and is not restricted to the narrow goals of a single corporation or even a single country. SingularityNET team includes seasoned engineers, scientists, researchers, entrepreneurs, and marketers. Our core platform and AI teams are further complemented by specialized teams devoted to application areas such as finance, robotics, biomedical AI, media, arts and entertainment.
About DVNet
DVNet (Data Value Network) is a technology platform that helps competing organizations unlock the value from their collective data and share that value equitably. Its innovative platform combines AI with blockchain to reduce coordination costs.
