selfkey

ChainCatcher news, according to Chainwire, the SingularityDAO community vote has approved the merger proposal with Cogito Finance and SelfKey. The three parties will form a new entity, Singularity Finance, focusing on the tokenization of the AI economy on EVM Layer 2. It is reported that this vote was conducted through the Snapshot governance framework, with over 15 million SDAO participating in the voting, achieving a support rate of 94.78%. The new entity will integrate the strengths of all three parties, focusing on AI-driven financial services, including real-world asset (RWA) tokenization and on-chain identity management.Singularity Finance will be led by a committee consisting of SingularityNET CEO Ben Goertzel, Cogito Finance CEO Cloris Chen, and SingularityDAO co-founder Mario Casiraghi. The project will continue to enhance SingularityDAO's existing AI-driven portfolio management services and combine SelfKey's compliance solutions with Cogito Finance's RWA tokenization technology to provide users with more comprehensive AI financial services.

ChainCatcher news, according to Chainwire, the SingularityDAO community vote has approved the merger proposal with Cogito Finance and SelfKey. The three parties will form a new entity, Singularity Finance, focusing on the tokenization of the AI economy on EVM Layer 2.It is reported that this vote was conducted through the Snapshot governance framework, with over 15 million SDAO participating in the voting, achieving a support rate of 94.78%. The new entity will integrate the strengths of the three parties, focusing on AI-driven financial services, including the tokenization of real-world assets (RWA) and on-chain identity management.Singularity Finance will be led by a committee consisting of SingularityNET CEO Ben Goertzel, Cogito Finance CEO Cloris Chen, and SingularityDAO co-founder Mario Casiraghi. The project will continue to enhance SingularityDAO's existing AI-driven portfolio management services and combine SelfKey's compliance solutions with Cogito Finance's RWA tokenization technology to provide users with more comprehensive AI financial services.

ChainCatcher news, SingularityDAO plans to merge with Cogito Finance and SelfKey to form a joint project focused on the tokenization of the artificial intelligence (AI) economy.The new entity, Singularity Finance, will provide a second-layer network for tokenizing assets such as GPUs and offer AI financial tools. The planned merger will make SelfKey's existing token KEY the new token SFI of Singularity Finance.SingularityDAO's SDAO and Cogito's CGV will merge into SFI at ratios of 1:80.353 and 1:10.89, respectively. This process will vary based on discussions among stakeholders.It is reported that SingularityDAO's SingularityNET completed a similar merger in June with other AI-focused projects Fetch.ai and Ocean Protocol, forming the ASI token.

ChainCatcher news, the blockchain digital identity system SelfKey has released the SelfKey DAO white paper, introducing its KYC solution with artificial intelligence and zero-knowledge verification features. SelfKey claims that one of the advantages of its ZK solution is that it allows vendors to perform mandatory KYC checks without storing user data. SelfKey combines artificial intelligence to enhance accuracy and combat fraud. This technology is integrated into SelfKey's Proof of Identity (POI) solution, which can combat fake identities created using AI models.In addition, other products that SelfKey plans to release include a customizable NFT series with built-in rarity assessment. SelfKey also revealed that it is creating a new mechanism for its DAO. This will address future functionalities integrated into the DAO, providing grants issued by the DAO.Previously, SelfKey tweeted in February that it would release the SelfKey DAO white paper, introducing new features such as NFTs and new tokens. According to the crypto data platform RootData, SelfKey completed a private fundraising round of $5 million in December 2018.