$Kima #KimaNetwork leverages $1.7 million in pre-seed funding to launch its SDK for dApp developers, institutional Web3 builders, Web 2.0 apps, and fintech companies—empowering traditional institutions to begin bridging crypto and fiat. Unlike other crypto bridges, such as centralized swaps, and onramp-offramp services, Kima’s Smart Transaction primitive is not bound to exchanges or specific networks, ensuring minimized trust assumptions while maximizing efficiency. Likewise, its independence from smart contracts eliminates their security and counterparty risks.Kima makes common financial services such as money transfers, transactions, and escrow services between ecosystems—blockchains and bank accounts—as seamless as possible by using funds from anywhere. It does this by using key building blocks to bolster settlement security, which includes:External accounts: EOAs (externally owned accounts) are native blockchain accounts that act as pools. By leading with accounts, there is no need for smart contracts on every blockchain, which boosts security by eliminating common attack points.TSS and trusted execution environments: Transactions utilize TSS and Intel SGX technology to control key sharing between the blockchain validators without allowing direct access. This enables more people to run nodes without concerns about compromising keys.Efficient liquidity management: Kima’s Liquidity Management (LiMa) algorithm manages universal supply and demand across all ecosystems and maintains a system-wide equilibrium using financial incentives, ensuring a high service level and liquidity distribution among various pools.Opt-in compliance: To allow fiat support and compliant crypto transactions, Kima employs an opt-in compliance system on the protocol level, unlocking access to legacy features such as fiat payments, and tokenized assets such as stocks and bonds. The compliance layer performs all necessary checks, including AML and KYT verifications to maintain the regulatory standard of compliance.Kima’s peer-to-peer payment and transfer protocol introduces a vast infrastructure that fosters inter-ecosystem financial activity without intermediaries or smart contracts. The foundation of its offering, Kima’s settlement layer is built to handle wide-ranging applications including cross-border transfers, eCommerce, borrowing and lending, gaming, NFT marketplaces, wallets, and decentralized exchanges.As the newest addition to FinSec Innovation Lab, Kima now has the capabilities to conduct complex research in evolving financial systems. The agreement garners critical support from Mastercard and Enel X to expand Kima’s beta program with financial institutions, launch pilot projects, and develop progressive technology.

About AIT ProtocolThe AIT Protocol stands out as an innovator within Web3 data infrastructure, revolutionizing its landscape with a strong emphasis on data annotation and AI model training. This groundbreaking protocol leverages blockchain technology, creating a decentralized labor market that transcends geographical limitations.Within this unique ecosystem, participants are driven by the principles of crypto economics to guarantee swift cross-border payment settlements while creating an atmosphere of trust and security. By seamlessly combining blockchain, data, and AI, the not only transforms traditional methods of information processing but also sets new benchmarks in efficiency, transparency, and reliability for decentralized technologies.How It WorkThe uses an innovative process that integrates cutting-edge technologies to reimagine Web3 data infrastructure. At its heart, this protocol centers around two main components: data annotation and AI model training. Participants actively collaborate in annotating data, providing vital context that enhances dataset quality. Simultaneously, participants utilize this protocol for training AI models based on annotated datasets.Innovation lies within blockchain technology, which forms the backbone of a decentralized labor market that transcends borders to create a global ecosystem where contributors are rewarded through crypto economics. Blockchain principles ensure quick and secure cross-national payments settlement, building trust among participants.The groundbreaking combination of data annotation, AI model training, and blockchain technology creates a groundbreaking solution that transforms Web3 data infrastructure with unparalleled efficiency and security.AIT Protocol FeaturesEmphasis on Data AnnotationThe stands out by placing strong emphasis on data annotation, providing participants with opportunities to add important contextual information that enhances both quality and relevance in datasets.AI Model TrainingAlongside data annotation, this protocol facilitates AI model training – empowering models to learn and adapt based on annotated data for continuous improvement and adaptability in an ever-evolving field of artificial intelligence.Blockchain-Powered DecentralizationLeveraging blockchain technology, It has established a decentralized labor market. This feature eliminates geographical borders by creating an international community of participants and contributors who seamlessly collaborate in annotation and training processes.Global AccessibilityThe decentralized labor market offers contributors from around the world an avenue to engage in data annotation and AI model training activities that promote diversity and inclusivity.Crypto Economics IncentivesParticipants in the incentivized through crypto economic principles, providing a reward system that motivates contributors and leads to active and meaningful engagement in its activities.Rapid Cross-National Payment SettlementsWith its use of crypto economics, they ensures swift cross-national payment settlements. This feature not only expedites compensation to participants, but also promotes efficiency in decentralized labor markets.Trust and SecurityBy design, this protocol prioritizes trust and security. Utilizing blockchain technology not only enhances transaction transparency but also builds a foundation of trust among participants – ultimately contributing to a secure and reliable ecosystem.Innovation in Web3 Data InfrastructureAs a pioneer of Web3 data infrastructure, the pioneers new methods for data processing by combining data annotation, AI model training, blockchain decentralization, and decentralized storage to set new industry standards of efficiency and reliability.Bottom LineConclusion The AIT Protocol stands out as an innovative force in Web3 data infrastructure. By placing special emphasis on data annotation and AI model training, this protocol offers a disruptive solution that transforms how we process and utilize information. By harnessing blockchain technology, AIT is at the forefront of creating a decentralized labor market and encouraging global cooperation among participants.Incentivization structures rooted in crypto economics not only accelerate cross-national payment settlements, but also build an unparalleled level of trust and security. At this crossroads between data annotation, AI training, and blockchain decentralization, this is not only stands out as an industry pioneer but also sets new standards of innovation, efficiency and reliability in Web3 data infrastructure.#AIT #AI #Web3 #INNOVATION