OpenLedger Partners With Restaking Platform Ether.fi To Enhance Security And Scalability
The partnership will see OpenLedger leverage the $6 billion TVL in Ether.fi to bolster network security and enhance scalability.
Decentralized AI platform OpenLedger, which provides a data blockchain for AI model development, announced a strategic partnership with Ether FI, a leader in restaking infrastructure, to enhance the platforms AI capabilities, security and scalability. Announced Tuesday, the collaboration will leverage Ether.fis restaking infrastructure with $6 billion TVL to enhance the security and scalability of OpenLedgers decentralized ecosystem.
As a top 3 restaking infrastructure provider with $6 billion in TVL, Ether FI will support OpenLedgers vision of providing decentralized artificial intelligence modelling solutions to developers. OpenLedger will enhance its security and scalability features, providing innovative AI solutions in models and data to help developers efficiently train and scale workflows. Additionally, OpenLedgers added scalability will also help AI startups and organizations address complex challenges across industries, powering the next generation of decentralized AI.
One of the core contributors on OpenLedger believes the partnership with Ether FI will enhance the trust and resilience of the platform, making the platform future-proof.
Partnering with Ether.fi enables OpenLedger to elevate these principles by leveraging their restaking infrastructure, the core contributor stated. This collaboration reflects our shared vision of a decentralized ecosystem that is secure, scalable, and future-proof.
Notwithstanding, the partnership comes at a time when OpenLedger is preparing for the launch of its testnet and data intelligence layer, in its mission to democratize access to decentralized AI.
The collaboration follows a strong adoption and investment year for OpenLedger. The decentralized AI company welcomed tens of partners during the year and recently completed an $8 million funding round led by Polychain Capital and Borderless. The funding highlights strong investor confidence in OpenLedgers vision and further positions the company to support the development of adaptable AI models.
Securing A Stronger Future For Decentralized AI
The rise of artificial intelligence to the mainstream in the past few years has changed the world as we know it. Similarly, blockchains are increasingly adopting AI solutions to transform the AI landscape by distributing decision-making across networks rather than relying on centralized entities.
OpenLedger is one of the pioneering firms in this space, offering industry-specific solutions for enterprises. The company creates scalable solutions for developers while ensuring data security and transparency.
The partnership with Ether FI will see the company strengthen its offerings by leveraging its already-proven restaking infrastructure. It will gain a strong foundation to support the next phase of its development, enabling it to onboard developers seeking to create smarter AI models with verifiable data.
As Ether.fi CEO and Co-Founder Mike Silagadze explains in his speech on the partnership:
Ether.fi is excited to shape the future of AI models and data infrastructure with OpenLedger. Through the utilization of our security and operators, we will work with OpenLedger to service the growing community of builders in need of specialized models and data for training, fine-tuning, and scaling their AI workflows.
In addition, the strategic collaboration will ensure secure processing for AI models and workflows, a critical requirement for developers and organizations in need of specialized solutions.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
Text source: Crypto Daily™
