financetom
Cryptocurrency
financetom
/
Cryptocurrency
/
Internet Computer Protocol (ICP) Unveils New Roadmap for Decentralized AI and Chain Interoperability
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Internet Computer Protocol (ICP) Unveils New Roadmap for Decentralized AI and Chain Interoperability
May 16, 2024 3:29 PM

Decentralized blockchain network Internet Computer Protocol (ICP) has released a new roadmap for driving decentralized artificial intelligence (DeAI) and chain fusion in the web3 space.

According to an official statement sent to CryptoPotato, ICP is unveiling the Year 4 Internet Computer Roadmap to celebrate the third anniversary of its mainnet launch.

ICP Releases New Roadmap

The new roadmap summarizes three years of progress on ICPs mainnet and outlines major development areas to position the network as the home of DeAI and the orchestration layer for the blockchain industry. Although the new roadmap outlines several focal areas, the biggest highlights are DeAI and chain fusion.

The DeAI roadmap describes a path where AI models would be trained to run on-chain, moving them beyond black boxes that offer users no visibility on how their data is being used. ICPs AI smart contracts would be designed to optimize inference engines, boosting AI consistency, reliability, and responses.

ICP looks to achieve several long-term goals and introduce first-of-its-kind use cases through these new AI models. Some of them include ready-trained AI models traded as non-fungible tokens, AI smart contracts that verify the code of Ethereum smart contracts, and web3 communities that control AI models through decentralized autonomous organizations.

Dominic Williams, chief scientist and founder of Dfinity Foundation, the builder and main contributor to ICP, said:

The Internet Computer is the first and only Third-Generation public blockchain. The mission is to drive a blockchain singularity, where, over time, fully decentralized blockchains become the worlds prevailing tech stack, even running secure and unstoppable AI.

Dealing With Liquidity Fragmentation

Furthermore, ICPs chain fusion roadmap aims to facilitate direct interoperability with major blockchains like Bitcoin, Ethereum, Solana, and Ethereum Virtual Machines without intermediaries.

The chain fusion would solve the fragmentation of liquidity and tackle tribalism in the blockchain space, with ICPs smart contracts enabling developers to create contracts spanning multiple chains by reading from and writing to them.

The DFINITY Foundation and its eminent team of cryptographers, research scientists, and engineers is now pushing ahead with a new roadmap, crafting contributions that will make the network faster, more efficient, and more powerful than ever before, added Williams.

Meanwhile, ICP boasts of having witnessed no downtimes since its mainnet launch in May 2021. The network has processed more than three billion blocks and accumulated over $3 billion in total locked value.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Judge Pauses SEC Lawsuit Against Coinbase
Judge Pauses SEC Lawsuit Against Coinbase
Jan 8, 2025
A federal judge has allowed Coinbase to pursue an interlocutory challenge in the Second Circuit Court of Appeals in its ongoing case with the U.S. Securities and Exchange Commission (SEC), citing conflicting rulings on cryptos legal status. Judge Katherine Failla granted the exchange’s appeal of her March 2024 order, which had denied the company’s motion for judgment. A Big Legal...
Elon Musk Endorses Pro
Elon Musk Endorses Pro
Jan 8, 2025
Tesla and SpaceX CEO Elon Musk has shown his support for Pierre Poilievre, Canadas pro-Bitcoin opposition leader. This follows Canadian Prime Minister Justin Trudeaus announcement of his resignation on January 7, in the wake of the abrupt departure of his finance minister, Chrystia Freeland. The Endorsement Musk shared a video of Poilievre discussing inflation and fiscal policy on X, captioning...
Bitcoin Faces Dual Quantum Risks: Mining Disruption and Private Key Exposure
Bitcoin Faces Dual Quantum Risks: Mining Disruption and Private Key Exposure
Jan 8, 2025
The rapid evolution of quantum computing could pose significant threats to Bitcoins ecosystem according to CryptoQuant. A new analysis by the platform revealed two critical areas that could be targeted are mining and private key security. Bitcoins Dual Vulnerabilities Bitcoin miners rely on a nonce and the SHA-256 hash function to secure the network by finding valid hashes in a...
Bitcoin Price Breaks Below $94K Amid Warnings About a Crash to $74K
Bitcoin Price Breaks Below $94K Amid Warnings About a Crash to $74K
Jan 8, 2025
Bitcoins price troubles continued in the past few hours, as the asset slumped below another support zone this time the $94,000 mark. This comes amid changing tides within the crypto communitys sentiment regarding the ongoing bull run and whether it has come to an early and abrupt end. CryptoPotato has repeatedly reported the adverse price development around BTC, which started...
Copyright 2023-2025 - www.financetom.com All Rights Reserved