The Partnership between World Mobile and SingularityNET
The UK-based mobile network operator, World Mobile, has partnered with decentralized AI marketplace SingularityNET to develop credit ratings for a blockchain-based lending program. This collaboration will also help World Mobile expand its network and reach new regions.
Combining AI and Blockchain Technology
Through the partnership with SingularityNET, World Mobile will use AI technology to enhance its customer service by answering clients’ questions. The mobile network operator will also integrate blockchain technology to establish a lending solution. This program will be introduced in phases, starting with credit provision to observe eligibility, followed by additional loans for loyal customers, and finally reaching global users served by traditional financial institutions.
World Mobile’s CEO and SingularityNET’s COO
World Mobile’s CEO, Micky Watkins, expressed pride in the partnership with SingularityNET, emphasizing the commitment to delivering innovative solutions. SingularityNET’s COO, Janet Adams, highlighted the importance of this collaboration in providing vital funds to those excluded by the traditional financial system, and looks forward to pioneering a fairer, decentralized future.
World Mobile’s Previous Efforts
In June, World Mobile launched a token buyback program to support the growth of its sharing economy. The company also partnered with Conflux Network to expand network access. These initiatives aim to build a sustainable ecosystem and promote mass adoption of World Mobile’s services.
Hot Take
The partnership between World Mobile and SingularityNET is a significant step towards integrating AI and blockchain technology in the mobile industry. By using these innovative solutions, World Mobile aims to provide seamless experiences and unlock new possibilities for its users. This collaboration also reflects the shared commitment to solving real-world problems and creating a fairer, decentralized future.
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