Bitcoin Virtual Machine to Launch Truly Open AI Platform for Crypto Applications

Bitcoin Virtual Machine (BVM) is set to revolutionize the world of cryptocurrency with the upcoming release of Truly Open AI, a platform that will allow users to deploy artificial intelligence (AI) models on the blockchain for use in crypto applications. This groundbreaking development was announced by lead developer punk3700 in a message to CoinDesk on Tuesday.

The concept of Truly Open AI is to enable users to float AI models on the blockchain, providing them with the opportunity to create their own AI models, earn money from them through usage fees, and even sell the entire models. This innovative platform is expected to have a significant impact on the crypto industry, as it opens up new possibilities for integrating AI technology into various applications.

One of the key aspects of Truly Open AI is the collaboration with several prominent blockchain projects, including Filecoin, Near, Avail, Polygon, and Syscoin, which will provide the storage layers for the AI models. This partnership ensures that the AI models deployed on the blockchain will have secure and reliable storage capabilities, enhancing their functionality and accessibility for users.

The integration of AI technology into the blockchain has been a topic of debate in the crypto community, with some experts questioning the feasibility of running AI on a blockchain. However, the development of Truly Open AI by BVM demonstrates that it is indeed possible to leverage blockchain technology for AI applications, opening up new possibilities for innovation and growth in the industry.

AI tokens have become a hot topic among crypto traders, as the technology is expected to drive key innovations in the global economy in the coming years. The release of Truly Open AI by BVM is likely to further fuel interest in AI within the crypto community, as users explore the potential applications and benefits of integrating AI models on the blockchain.

At the time of writing, BVM’s token was trading at $2, reflecting a 20% decrease in value over the past 24 hours in line with a marketwide drop. Despite this temporary setback, the release of Truly Open AI is expected to generate significant interest and excitement within the crypto industry, as users look forward to exploring the possibilities of deploying AI models on the blockchain.