Frax Finance, a hybrid algorithm stablecoin protocol, is partnering with IQ to create an artificial intelligence technology stack called AIVM. This parallel blockchain is part of the L2 Rollup protocol, Fraxtal, and employs a new inference proof consensus system. This system uses AI and machine learning models to verify transactions on the blockchain network.
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<p>The post Frax Finance & IQ Collaborate on AI-Powered Blockchain Technology first appeared on CoinBuzzFeed.</p>