Blockchain

Aleph Zero Joins CAMARA as the First Blockchain Organization

Brussels, Belgium, September 6th, 2024, Chainwire

 

Aleph Zero will work alongside the world’s largest telecommunications organizations to help to develop standardized blockchain APIs for the industry

Aleph Zero, a blockchain ecosystem engineered for speed, data confidentiality, and ease of development, has officially joined the CAMARA Foundation as a General Member. This strategic move marks a significant step towards integrating advanced blockchain technology with global telecommunications standards, particularly in the realm of Decentralized Identifiers (DIDs).

As a General Member, Aleph Zero will work closely with global telecom and tech leaders within CAMARA to develop and contribute to blockchain-specific initiatives. A key focus of this collaboration will be the Blockchain Public Address API, which has the potential to revolutionize how users interact with blockchain technologies through their mobile devices.

The CAMARA Project, launched in 2021 under the Linux Foundation and GSMA, aims to create standardized APIs for telecommunications networks. This initiative is designed to simplify network complexities and provide seamless access to network capabilities across different operators and countries. A cornerstone of this effort is the Blockchain Public Address API, which was initiated in June 2023 and is currently in version 0.1.0. The CAMARA Project now includes over 230 companies – including Deutsche Telekom, stc, Vodafone and Telefónica – and 650 individual participants.

This API allows for the management of blockchain addresses associated with phone numbers, offering features such as retrieval of blockchain public addresses linked to phone numbers, and the binding and unbinding of these addresses. By utilizing blockchain public addresses as Decentralized Identifiers (DIDs), the API enables telecom service providers to offer third parties the capability to pair phone numbers with blockchain addresses, thereby simplifying transactions for end-users.

Aleph Zero’s expertise in zero-knowledge proofs and privacy-preserving technologies will contribute significantly to the further development and refinement of the group’s blockchain-related solutions.

Antoni Zolciak, co-founder at Aleph Zero, said: “The integration of blockchain technology into mainstream infrastructure is accelerating at an unprecedented rate. Forward-thinking organizations across various sectors are recognizing the transformative potential of distributed ledger technologies. We’re looking forward to collaborating with various members of the Foundation and contributing to the telecommunications APIs from a blockchain standpoint.”

Aleph Zero, known for its cutting-edge blockchain ecosystem, offers secure, scalable, and privacy-focused solutions for Web3 applications. With its zkOS and EVM Layer 2 network, Aleph Zero continues to push the boundaries of blockchain technology, focusing on privacy, scalability, and interoperability. Aleph Zero recently launched its EVM-layer, an exceptionally fast and efficient blockchain, boasting a block time of up to 250 milliseconds with near-instant transaction finality.

For more information about the CAMARA Project, visit https://camaraproject.org/

About Aleph Zero

Aleph Zero is an ecosystem of blockchain solutions that are engineered for speed, data confidentiality, and ease of development. It achieves efficiencies akin to conventional web2 systems, upholds rigorous standards for data protection via highly optimized Zero Knowledge Proofs, and offers a comprehensive toolset for development across web3 that range from WASM to EVM environments. Aleph Zero’s versatility is highlighted by over 40 use cases being actively developed, showcasing its adaptability across various sectors and applications. These use cases are part of an engaged community and growing ecosystem of web3 applications that are supported by Aleph Zero programs.

For all media inquiries, users can contact josh@serotonin.co

 

Contact

PR Manager
Josh Adams
Aleph Zero
josh@serotonin.co

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Asia-Pacific Artificial Intelligence (AI) Chipsets Market 2024-2031: Identify and Capitalize on the Countries Showcasing the Highest Growth Potential

2024-09-18T08:30:44Z

Dublin, Sept. 18, 2024 (GLOBE NEWSWIRE) -- The "Asia-Pacific Artificial Intelligence (AI) Chipsets Market Size, Share & Trends Analysis, 2024-2031" report has been added to ResearchAndMarkets.com's offering.

The Asia Pacific Artificial Intelligence (AI) Chipsets Market should witness market growth of 30.3% CAGR during the forecast period, 2024-2031.

The China market dominated the Asia Pacific Artificial Intelligence (AI) Chipsets Market by country in 2023, and should continue to be a dominant market till 2031; thereby, achieving a market value of $21.51 billion by 2031. The Japanese market is registering a CAGR of 29.7% during 2024-2031. Additionally, the Indian market should showcase a CAGR of 31.2% during 2024-2031.

The adoption of AI chipsets is rapidly increasing across various industries and sectors due to their ability to accelerate AI tasks, enhance performance, and enable intelligent applications. Businesses increasingly leverage AI-driven solutions to gain insights from data, automate processes, improve decision-making, and enhance customer experiences. AI chipsets facilitate the execution of complex AI algorithms and machine learning models, driving applications like NLP, computer vision, predictive analytics, and autonomous systems.

Moreover, the continuous advancements in AI algorithms, deep learning models, and neural network architectures drive the need for high-performance hardware solutions capable of handling massive datasets and complex computations. AI chipsets provide the computational power and efficiency to effectively train and deploy AI models. The proliferation of edge computing architectures, wherein AI processing tasks are performed locally on edge devices, drives the adoption of AI chipsets with edge computing capabilities.

The fintech industry in India has experienced rapid growth driven by increasing smartphone penetration, digital payment adoption, and government initiatives promoting financial inclusion. The Fintech business in India is expanding at one of the quickest rates in the world, according to the National Investment Promotion and Facilitation Agency. The market for fintech in India is expected to reach $150 billion by 2025, from $50 billion in 2021. By 2030, the fintech business is expected to generate $2.1 trillion in opportunity. In 2022, fintech startups in India raised $5.65 billion. Between 2021 and 2022, the number of distinct institutional investors in Indian fintech nearly doubled, from 535 to 1019, respectively.

Additionally, as businesses and government agencies in Australia invest in AI technologies to drive innovation and efficiency, there is a growing demand for AI chipsets to power AI-driven applications and services. According to the Australian Government, digital innovations, including AI, could contribute $315 billion to Australia's GDP by 2030. Australian spending on AI systems will grow to over $3.6 billion by 2025, at a compounding annual growth rate of 24.4% between 2020 and 2025. Therefore, the rising fintech industry and increasing expenditure on AI technology in the region drive the market's growth.

List of Key Companies Profiled

  • Intel Corporation
  • NVIDIA Corporation
  • IBM Corporation
  • Micron Technology, Inc.
  • Qualcomm Incorporated (Qualcomm Technologies, Inc.)
  • Samsung Electronics Co. Ltd. (Samsung Group)
  • Apple, Inc.
  • Huawei Technologies Co. Ltd. (Huawei Investment & Holding Co. Ltd.)
  • Texas Instruments, Inc.
  • NXP Semiconductors N.V.

Market Segmentation

By Computing Technology

  • Cloud Computing
  • Edge Computing

By Function

  • Inference
  • Training

By Chipset Type

  • GPU
  • CPU
  • FPGA
  • ASIC
  • Others

By Vertical

  • Consumer Electronics
  • Automotive
  • Healthcare
  • Manufacturing
  • Retail & E-Commerce
  • BFSI
  • Marketing
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Taiwan
  • Malaysia
  • Rest of Asia Pacific

For more information about this report visit https://www.researchandmarkets.com/r/9spj10

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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