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Powerful Duo Joint Hand: aelf is Pivoting to AI Blockchain by Forging Alliance with AgentLayer

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Innovative Collaboration Set to Enhance AI Models’ Integrity and Blockchain Security Through AI-Powered Decentralised Networks

SINGAPORE, April 15, 2024 /PRNewswire/ — aelf, the high-performance Layer 1 blockchain, and AgentLayer, the world’s first decentralised network tailored for AI agents, have formed a strategic alliance to advance the integration of blockchain with artificial intelligence. Together, they aim to launch a pioneering decentralised AI infrastructure and ecosystem. This alliance plans to bring together stakeholders from across Asia — including leading researchers, startups, government bodies, and industry experts — to collaboratively develop and expand AI-enhanced blockchain infrastructure and applications through open innovation.

“This partnership goes beyond technology. It’s a commitment to creating an ecosystem where AI and blockchain coexist and thrive to deliver unprecedented solutions. By harnessing the potential of AgentLayer’s autonomous AI agents with our high-performance Layer 1 blockchain, we are setting the stage for a transformative leap in decentralised AI infrastructure,” shared Auric, Founder of aelf.

“The alliance with aelf is a strategic step towards realising our vision of a permissionless network for AI agents,” commented Prof Yang Liu, Co-founder of AgentLayer. “Leveraging the combined strengths of aelf’s blockchain expertise and our innovative AI protocol, we are gearing up to revolutionise how AI agents operate and collaborate, bringing the vision of decentralised AI to life.”

aelf and AgentLayer's comprehensive decentralised AI stack

Strategic Synergy

  • Enhancing Underlying AI and Blockchain Capabilities: As AI and large language models (LLMs) grow in adoption, aelf’s AI-enhanced blockchain architecture allows AI systems to effectively use the blockchain’s computational resources, distributing and rebalancing workloads for complex computations. Integrating AI agents to automate and verify smart contracts also minimises human error and biases, leading to more reliable and equitable contracts. This innovative AI-blockchain architecture will establish a robust foundation for developing a robust suite of Layer 1 (L1) and Layer 2 (L2) projects, decentralised computing networks, and AI agents.
  • AI Innovation at Scale: AgentLayer’s AI integrated with aelf’s decentralised cloud blockchain creates a dynamic, scalable architecture for both the foundational blockchain level and the broader ecosystem. Resource allocation is optimised by analysing network data to allocate resources dynamically and pre-emptively balance loads. This enhanced AI and automation layer in blockchain management enables developers to create and deploy smarter, more efficient decentralised applications (dApps), spurring innovation across the ecosystem. aelf will introduce developer-friendly toolkits to help the community utilise these advanced technologies for data processing, model training, and monetisation within the new aelf AI-blockchain environment.
  • Decentralised Security: The new AI-blockchain architecture ensures data integrity through blockchain’s immutability, protecting data against tampering and revision. Thanks to TrustLLM, AgentLayer’s proprietary foundation model for Web3 security, and a number of state-of-the-art on-chain monitoring and vulnerability detection agents, the blockchain network benefits from optimal threat detection and response. AI agents excel in monitoring the network continuously, detecting anomalies, and pre-empting security breaches with advanced threat response capabilities, thereby safeguarding the network more effectively.
  • AI-Blockchain Ecosystem Support: aelf and AgentLayer will jointly transform AEVOLVE Labs into a pioneering decentralised AI hub for research, incubation, and acceleration to bolster the decentralised AI ecosystem. Additionally, the duo will explore a novel Initial AI Offering (IAO) model designed to facilitate the creation, distribution, and management of AI and Web3 assets securely and transparently.

The Promise of a Decentralised AI Future

The alliance between aelf and AgentLayer, aimed at developing a decentralised AI infrastructure, is set to establish new benchmarks in the AI and blockchain sectors. Together, blockchain and AI technologies can drive forward innovations that are only achievable with each operating in collaboration. This synergy not only improves performance but also opens up new avenues for advanced, decentralised applications and research networks. This pioneering initiative is expected to drive significant advancements in foundational Layer 1 and Layer 2 solutions, networks of AI computational resources and a comprehensive suite of decentralised AI agents.

Stay updated on aelf’s news and engage with the aelf community on:

Website: https://aelf.com

Telegram: https://t.me/aelfblockchain

Discord: https://discord.gg/bgysa9xjvD

For additional information on AgentLayer visit https://www.agentlayer.xyz/

Twitter: https://twitter.com/Agent_Layer

About aelf

aelf, a high-performance Layer 1 featuring multi-sidechain technology for unlimited scalability. aelf blockchain is designed to power the development of Web3 and support its continuous advancement into the future. Founded in 2017 with its global hub based in Singapore, aelf is one of the pioneers of the mainchain-sidechain architecture concept. Incorporating key foundational components, including AEDPoS, aelf’s variation of a Delegated Proof-of-Stake (DPoS) consensus protocol; parallel processing; peer-to-peer (P2P) network communication; cross-chain bridges, and a dynamic side chain indexing mechanism, aelf delivers a highly efficient, safe, and modular ecosystem with high throughput, scalability, and interoperability.

aelf facilitates the building, integrating, and deploying of smart contracts and decentralised apps (dApps) on its blockchain with its native C# software development kit (SDK) and SDKs in other languages, including Java, JS, Python, and Go. aelf’s ecosystem also houses a range of dApps to support a flourishing blockchain network. aelf is committed to fostering innovation within its ecosystem and remains dedicated to driving the development of Web3 and the adoption of blockchain technology.

About AgentLayer

AgentLayer, a pioneering protocol and public blockchain leveraging the powerful OP Stack, is designed to facilitate the coordination and collaboration of autonomous AI agents with human oversight in a permissionless, secure, and reliable manner. It stands out as the world’s first decentralized network for autonomous AI agents, leveraging a Byzantine fault-tolerant blockchain to establish a decentralized registry of AI Services, Agents and Models. Additionally, AgentLayer introduces a new AI currency ($AGENT) to fuel an innovative AI-powered Agent Economy on the L2 blockchain, enabling the minting, deployment, and swapping of AI assets on-chain.

AgentLayer’s innovative protocol not only revolutionizes the coordination of autonomous AI agents but also sets a new standard for decentralized governance in the realm of artificial intelligence. By combining cutting-edge technologies like blockchain with AI capabilities, AgentLayer paves the way for a more efficient, collaborative, and responsible ecosystem for autonomous agents.

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G-P and ADP Expand Collaboration to Simplify Global Employment

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Industry innovators G-P and ADP announce enhanced partnership

BOSTON, May 16, 2024 /PRNewswire/ — G-P (Globalization Partners), the recognized leader in the global employment market, and ADP, a leading global technology company providing human capital management (HCM) solutions, announce expanded joint efforts to deliver Global Employer of Record, Contractor and Global Payroll Solutions to organizations around the world.

In today’s business landscape, companies are looking beyond borders to scale and grow. Nearly 70% of business leaders say having employees in multiple countries and leveraging the opportunities of global and remote talent is core to their business strategy according to G-P’s 2023 Global Growth Report. However, navigating global growth is complex with laws and regulations surrounding payroll, labor law, tax code and employment practices specific to individual markets.

G-P delivers the industry-leading employer of record solution and global growth platform, combining SaaS-based, AI-powered technology with the largest team of HR and legal experts in the industry. Expanding collaboration, G-P and ADP will help organizations address the complexities of global growth in a way that meets their unique needs; providing best-in-class EOR, contractor and global payroll solutions that are adaptable to the needs and tech stack of individual organizations.

“Adopting G-P’s best-in-class global growth and employer of record solutions along with ADP’s leading global payroll solutions provides customers with unmatched stability and agility that sets a new standard for the global talent experience,” said Nicole Sahin, founder and CEO, G-P.

Leveraging their respective best-in-class HR technologies for hiring, managing and paying global talent, G-P and ADP will work closely together to provide organizations access to solutions designed to alleviate the financial, HR and legal complexities of global expansion and reduce friction in hiring and managing global talent to simplify the global expansion journey for customers.

“ADP supports over a million clients of all sizes and industries across 140 countries. By combining secure and robust technology with flexible and intelligent services, we help our clients operate more efficiently and effectively as they transform their global operations. We are delighted to partner with G-P to help even more organizations in expanding into new markets and managing their global presence,” said Virginia Magliulo, President of Employer Services International at ADP.

About G-P

G-P is the recognized leader of the global employment industry and has delivered world-class global compliance and workforce products designed to meet the needs of growing companies since 2012. G-P’s global growth platform is driven by the G-P Meridian Suite of SaaS-based global employment products. G-P helps thousands of customers build and manage teams quickly and compliantly in 180+ countries without navigating legal, tax or HR issues.

G-P: Global Made Possible

To learn more, please visit: g-p.com or connect with us via TwitterLinkedInFacebook, or check out our Blog.

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Over 10 innovative CDBC card services launched in six months on OpenWay’s Way4 system

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ALMATY, Kazakhstan, May 16, 2024 /PRNewswire/ — In just 6 months after Kazakhstan launched the digital tenge, its Central Bank Digital Currency, over 10 innovative CBDC card services have become available to the country’s population of 20 million. Altyn Bank, Eurasian Bank and Halyk Bank leveraged the Way4 digital payments software system to swiftly join this CBDC project and onboard 72% of early adopters of digital tenge cards. The digital tenge footprint is expanding, with 36 new use cases in its roadmap for 2024 and 2025, according to Kazakhstan’s National Payment Corporation.

Bank customers in Kazakhstan can apply for virtual and plastic CBDC cards and use them for both in-store and e-commerce purchases across Mastercard and Visa global networks. Additionally, they can withdraw cash at ATMs, link their cards to Google Pay, Apple Pay and Samsung Pay, monitor their CBDC card balance and transaction history through mobile banking; and access other related services.

More than 130 countries are actively researching or implementing CBDC. While most CBDC transactions are conducted through web and mobile interfaces, the digital tenge project offers consumers a tangible instrument for CBDC payments.

Kazakhstan’s Digital Tenge project is pursuing several ambitious goals. These include intensifying cross-border trade, launching innovative social and anti-corruption initiatives, and enabling integration between CBDC and non-government DeFi platforms. Way4 powers card issuing and acquiring innovations for many members of the digital tenge ecosystem: Kazakhstan’s National Payment Corporation, Eurasian Bank, Altyn Bank, Halyk Bank, and national postal service Kazpost. Assisted by their partner OW Kazakhstan, three of these payments players integrated their card processing system with the Digital Tenge platform in less than two months.

The successful integration of CBDC cards into Kazakhstan’s payment ecosystem is a testament to the country’s forward-thinking approach and the robustness of its banking infrastructure. Many banks here have long used OpenWay’s Way4 software system to introduce ground-breaking innovations: for example, the first-ever UnionPay cards issued outside of China and the world’s first mobile Visa P2P transfers.

For CBDC issuance and redemption, Kazakhstan’s payment regulator selected R3’s Corda platform. Supported by Way4, Corda, and other technologies, Kazakhstan is strengthening its position on the international economic stage.

For more information about Way4 and its role in CBDC transactions, please visit openwaygroup.com

View original content:https://www.prnewswire.co.uk/news-releases/over-10-innovative-cdbc-card-services-launched-in-six-months-on-openways-way4-system-302146753.html

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Oakdoor partners with Nexor to advance high assurance security solutions

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LONDON, May 16, 2024 /PRNewswire/ — Oakdoor, a pioneer in hardware-enforced security solutions, which is part of PA Consulting (PA), and Nexor, the leading specialist in Secure Information Exchange, have announced a strategic partnership to advance a high assurance cross domain solution for secure data sharing. The partnership will start to create highly integrated software guarding and hardware verification solutions – with the aim of making access to data more secure and manageable for customers using multiple security domains worldwide.

Oakdoor has revolutionised data diodes in recent years, raising security standards and diode performance whilst reducing their complexity and cost. Meanwhile, Nexor has over 30 years’ experience in delivering secure information exchange at the highest level. By working together and sharing their expertise, the two companies will work to make the most secure cross domain solutions available to a wider range of customers.

The partnership will enable Nexor’s GuarDiode to be combined with Oakdoor’s cutting-edge data diodes to form a powerful cross domain solution, which will deliver unparalleled protection and resilience against evolving cyber threats. This is because Nexor’s software detects and removes malicious content by validating data against comprehensive information management policies. This allows controlled filtering of sensitive information assets into and out of critical systems. Meanwhile, Oakdoor’s UK CAPS approved data diodes are a critical hardware component for eliminating infiltration or exfiltration attack vectors within the cross domain solution.

Tim Lunn, Founder and Head of Product at Oakdoor, said: “We are excited to announce our partnership with Nexor, which aims to bring this high assurance cross domain solution to the market. By integrating Oakdoor’s National Cyber Security Centre approved diodes with Nexor’s proven protocol and management software system, we are creating a more holistic solution for customers that are working at the highest classification levels.

Tim Thompson, Managing Director at Nexor, said: We are thrilled to partner with Oakdoor, part of PA Consulting, combining Nexor’s advanced software with robust hardware to enhance market support and innovation. By harnessing exceptional engineering prowess alongside advanced software and hardware development, this strategic alliance positions both companies to pioneer more cohesive and impactful solutions, steadfastly advancing our pledge to excellence and customer satisfaction.”

Notes to the editor 

For commercial enquiries and information about joining the Oakdoor partner programme, please contact [email protected] 

About Oakdoor, part of PA Consulting:

Oakdoor, part of PA Consulting, is recognised for its innovative approach to semiconductor technology, offering robust, hardware-enforced security solutions that safeguard sensitive information and guard critical networks against modern cyber threats. Oakdoor’s CAPS approved data diodes are a critical hardware component for eliminating infiltration or exfiltration attack vectors within the cross domain solution. Developed at PA Consulting’s Global Innovation and Technology Centre (GITC), Oakdoor’s solutions integrate principles of uni-directional data flow with advanced hardware-based security, providing a critical layer of protection for organisations worldwide.

About Nexor:

Nexor excels in providing high-assurance threat and risk mitigation expertise and solutions globally. Our unique blend of Research & Advisory Services is delivered by experts trusted to lead MOD research projects into the future of cross-domain technology. With a product portfolio that is both highly customisable and aligned with NCSC import/export patterns and High Assurance principles, Nexor continues to set the standard in secure information exchange. Our agile development capabilities ensure solutions are precisely tailored to balance risk, budget, and functionality according to our customer’s specific business and security needs.

View original content:https://www.prnewswire.co.uk/news-releases/oakdoor-partners-with-nexor-to-advance-high-assurance-security-solutions-302146842.html

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