Microsoft and Aptos Labs collaborate to develop OpenAI-powered AI Blockchain solutions

Microsoft and Aptos Labs collaborate to develop OpenAI-powered AI Blockchain solutions

Aptos Labs, the Blockchain startup founded by former Meta Platforms Inc. employees who worked on the now-defunct Diem Blockchain, announced today a collaboration with Microsoft Corp. to “explore innovative solutions” in Blockchain and Web3 technology such as artificial intelligence, tokenization, and payments.n

Since Aptos Labs is a Layer 1 Blockchain, the system is made to make large-scale trading and transaction of digital assets possible. The second-largest Blockchain by market capitalization, Ethereum, was built to compete with other Blockchain ecosystems. Through a scripting language called Move, it offers programmable smart contract transactions.

In order to build a user-friendly AI assistant that can assist users in comprehending the intricate ecosystem of Blockchain and Web3 technology and promote industry adoption, Aptos plans to use the Microsoft partnership to leverage the Azure OpenAI Service.

Read More: Aptos Labs partners with Microsoft to build AI blockchain solutions using OpenAI