CandleFocus Frax Develops AI Agent Tech Stack on Blockchain
2024-12-12
Author: Content Editor
Decentralized stablecoin protocol Frax Finance is partnering with its related project IQ to develop an AI tech stack called the AIVM. This tech stack, built on a parallel blockchain called Fraxtal Layer 2, utilizes a new proof-of-output consensus system and AI and machine learning models to verify transactions. Frax claims that the AI tech stack will enable fully autonomous AI agents and enhance the interaction between AI and blockchain. The upcoming tech stack is part of Frax's Vision 2025 roadmap, which aims to establish a decentralized central crypto bank. The roadmap also includes a rebranding of the FRAX stablecoin and a network upgrade through a hard fork.
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