Openfabric AI, a well-known platform in artificial intelligence infrastructure, has announced an exclusive partnership with InitVerse. The partnership focuses on supporting the developers in scaling, deploying and building decentralized applications to bridge the gap between DeFi and AI technologies with innovative solutions related to the blockchain sector. The platform used social media to announce this initiative.
We are excited to announce our strategic partnership with @InitVerse 🥳
InitVerse is a platform that allows developers to seamlessly build, deploy, and scale decentralized applications (DApps).
More information: https://t.co/PVsoBxfFfx pic.twitter.com/45RlW7Bj4b
— Openfabric AI (@openfabricai) October 10, 2024
Openfabric AI’s new partnership with InitVerse empowers DApp developers with exclusive tools
With the spike in the decentralized sector and blockchain technology, there has been a significant increase in dApp development tools. In its recent X-post, Openfabric AI announced that its partnership with InitVerse brings these two industries together. Its development mainly helps developers in developing decentralized applications.
dApps work as applications that run on decentralized networks such as blockchains. Therefore, they are not dependent on centrally controlled servers. These apps are said to play a crucial role in the development of NFTs, DeFi, and several other cutting-edge technologies. Nevertheless, several developers experience challenges in scaling and deploying such apps.
Through this collaboration, InitVerse and Openfabric aim to deliver AI-driven tools to improve the developer experience. Openfabric’s platform aims to streamline AI integration across industries. It aims to provide access to accessible AI solutions. The new joint effort of both entities allows them to simplify the procedure of dApp development and scale it faster.
The initiative aims to fill the gap between AI technology and the Blockchain world
According to Openfabric AI, the partnership signals a broader trend of merger between the blockchain and artificial intelligence realms. Both fields are currently undergoing rapid development. Thus, with their joint efforts, these platforms can enable developers to create more advanced and scalable dApps, bridging the gap between AI technology and the blockchain world.
