ECNETNews reports that Kite AI has unveiled the first AI-centric Layer 1 blockchain on Avalanche, designed to create a decentralized ecosystem for AI models, tools, and data.
The newly launched testnet aims to enhance AI development by tackling scalability and efficiency challenges inherent in blockchain technology.
This innovative platform incorporates a Proof of Attributed Intelligence consensus mechanism, which monitors and rewards contributions to AI projects. This approach promotes transparency and incentivizes data providers, model developers, and AI agents.
Kite AI also offers a decentralized data access engine, a customizable AI ecosystem with adaptable subnets, and a decentralized AI memory system for long-term data attribution.
Enhanced AI Workloads
Utilizing the robust infrastructure of Avalanche, Kite AI accelerates the processing of AI workloads while ensuring decentralized ownership. As a participant in Avalanche’s InfraBuidl program, the initiative is set to propel AI integration within blockchain environments.
“Our testnet launch marks significant progress in blockchain AI developments and introduces next-generation infrastructure for Web3 innovators,” stated a company spokesperson.
The testnet is currently accessible to developers and institutions interested in exploring AI-enhanced blockchain applications.
