Tech Daily Report

TikTok parent company explores on-chain possibilities for Web3 gaming and AI

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Technology Technology Headlines News

BytePlus is exploring on-chain capabilities with a new partnership with Mysten Labs to leverage the capabilities of the Sui blockchain network.

BytePlus is partnering with Mysten Labs to integrate advanced AI algorithms and data warehousing technology into the Sui blockchain ecosystem.

In a statement on April 17, BytePlus explained how it plans to use its existing knowledge and experience in artificial intelligence and data warehousing to empower the Sui ecosystem, with a particular focus on Web3 gaming and SocialFi projects. According to the announcement, a BytePlus integration could potentially boost Sui’s analytics capabilities by enabling infinite scalability and real-time data processing.

Evan Cheng, the co-founder and CEO of Mysten Labs, said the partnership could “revolutionize” data analytics in the Web3 sphere.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mysten Labs Technology Prototype on Sui Provides First Proof of Elastic Blockchain ScalingCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Mysten Labs Technology Prototype On Sui Provides First Proof Of Elastic Blockchain ScalingSui leads the industry in throughput by leveraging multiple cores for parallel transaction execution within individual validators.
Source: hackernoon - 🏆 532. / 51 Read more »

Mysten Labs Technology Prototype on Sui Provides First Proof of Elastic Blockchain ScalingMysten Labs Technology Prototype on Sui Provides First Proof of Elastic Blockchain Scaling
Source: Utoday_en - 🏆 295. / 63 Read more »