Openfabric partners with 5ire

Published on: 16.06.2023
Openfabric partners with 5ire

Openfabric partners with 5ire a layer-1 EVM-compatible smart contract platform that focuses on developing a for-benefit blockchain ecosystem based on the Sustainable Development Goals (SDGs) defined by the United Nations (UN).

Joining forces with 5ire represents a significant breakthrough for its ecosystem; as it aligns with its shared mission to push the boundaries. Hence, providing innovative and cutting-edge solutions to both ecosystems. Additionally, teaming up with 5ire is sorely based on the belief that collaboration is vital and therefore, unlocks the full potential of blockchain technology and AI Applications.

The Partnership Mission

To achieve broader adoption, it becomes imperative to expedite the implementation of blockchain technology and foster partnerships to pilot its usage, enabling it to mature and gain widespread acceptance. Being a decentralized-oriented ecosystem, Openfabric seeks to create innovative solutions that address pressing concerns and contribute to a more sustainable future. Thus, positioning its strategic partnership with 5ire as impact driven.

Part of its mission at Openfabric is to create bridges that allow any AI application to communicate directly with any blockchain application-which aligns perfectly with 5ire’s modular architecture being the sustainable Proof-of-Stake blockchain with validators that bring sustainability from the off-chain and governance mechanisms that assure the empowerment of decentralized organizations.

Additionally, this partnership entails unlocking potential and resources to provide both companies with new growth and opportunities. Together, they will work to advance blockchain technology and create a more interconnected environment for developers, users, and businesses alike. They have no doubt that teaming up with 5ire will facilitate more efficient cross-chain communication, promoting innovation and growth in the industry. While at the same time, create a smooth and supportive development for developers to build on top of Openfabric AI Protocol.

ABOUT 5ire

5ireChain is a fifth generation blockchain that aims to bring a paradigm shift from a for-profit to a for-benefit economy. 5irechain’s primary goal is to create a user-centric sustainability-driven ecosystem. This is achieved by embedding sustainability in the network’s base layers and the upper decision-making that democratically commands the network.

Website | Twitter

ABOUT Openfabric

Openfabric is a decentralized Layer 1 AI protocol for building and connecting AI applications. Its team harnessed the power of blockchain, advanced cryptography, and novel infrastructure to create a new foundation for AI-Apps. In its ecosystem, everyone has quick, easy, low-cost, and hassle-free access to powerful AI applications.

Website | Twitter



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