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Microsoft Ventures into Digital Payments and Explores Central Bank Digital Currencies

August 9, 2023
in Crypto Exchanges
Reading Time: 1 min read
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The submit Microsoft Ventures into Digital Funds and Explores Central Financial institution Digital Currencies appeared first on Coinpedia Fintech Information

Microsoft, which is a giant participant within the subject of AI, has unveiled a strategic partnership with Aptos Labs, a layer-1 blockchain entity. This partnership represents a major second the place superior AI meets the rising realms of web3 and blockchain expertise.

Aptos Labs, established by former Fb workers, was initially on a mission to revive the dormant Diem venture, previously often known as Libra. Nonetheless, now backed by Microsoft’s AI experience, Aptos Labs is setting its sights on extra formidable endeavors.

In a latest press launch, Aptos disclosed its plans to make the most of Microsoft’s infrastructure to introduce progressive ventures that merge AI and blockchain applied sciences. Notably, they unveiled a brand new chatbot named Aptos Assistant.

This AI-powered chatbot serves as a useful resource throughout the Aptos ecosystem, providing customers data and aiding builders in crafting sensible contracts and decentralized purposes. The chatbot’s capabilities are harnessed by means of Microsoft’s Azure OpenAI Service. This collaboration exemplifies the fusion of AI and blockchain in shaping the way forward for expertise.

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