Io.net in partnership with Alpha Network

The DePIN project Io.net has officially partnered with Alpha Network to enhance data security and access for AI-based Web3 applications.

This partnership can provide a secure and private environment for AI applications, helping developers build and deploy powerful decentralized applications (Dapps).

Io.net commits to developing the next generation of AI

Alpha Network is the world's first decentralized data execution layer for AI. It provides private data storage and AI training data for Web3 developers. This partnership will combine Alpha Network's data security technology with Io.net's decentralized GPU infrastructure.

According to the press release shared with BeInCrypto, the plan is to create a secure, high-performance environment for AI and Web3 applications. Io.net will use its decentralized GPU clusters to support AI training in a privacy-protected environment, unlike traditional centralized setups.

In simple terms, Alpha Network can now safely and privately handle the sensitive data required for AI training. The network will no longer need to rely on traditional systems that require users to "trust" centralized providers like large data centers or cloud services.

Instead, by using Io.net's decentralized GPU network, Alpha Network can work securely with this data on a distributed computer network. This decentralized approach eliminates the need for a "sandbox" (a controlled and isolated testing environment) while still ensuring the data remains private and protected.

Furthermore, Alpha Network's Zero-Knowledge (ZK) technology ensures that the data is kept private and secure.

"Our collaboration with Alpha Network will significantly expand access to decentralized AI computing, compliant with privacy for Web3 builders,"

Tausif Ahmed, Business Development Director at Io.net, commented.

This partnership also aims to support the development of decentralized applications with high-quality datasets. It provides a platform for developers to build more scalable AI solutions.

"This partnership will unlock new breakthroughs in secure AI computing and Web3, allowing users to access advanced AI infrastructure while ensuring privacy and security,"

Lina Zhang, CEO of Alpha Network, added.

AI is the new frontier for DePIN projects

Io.net stated that this partnership will also enhance Alpha Network's data sharding solutions and modeling, optimizing the training of AI models on large datasets. These improvements will enable developers and businesses to train AI models more effectively.

Despite recent developments, the IO token of the DePIN project has experienced significant volatility in the market. At the time of writing, the token is trading at around $3, down approximately 6% in the past 24 hours.

However, Io.net has made several deals over the past year to drive AI development. For example, in December, Io.net collaborated with the Zerebro AI agent. This agent will use Io.net's decentralized computing resources to enhance its Ethereum authentication. Similarly, in September 2024, the DePIN project reached an agreement with the TARS protocol to reduce AI model training costs by up to 30%.

Overall, DePIN projects have been increasingly moving into AI throughout 2024. Recent research shows that DePIN projects have seen a 100-fold revenue growth last year, with much of this growth driven by AI initiatives.

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