New York, Dec. 24, 2021: Beyond Protocol, the distributed ledger technology platform, has decided to get into a strategic partnership with global cryptocurrency exchange, Huobi.
As Huobi scales up its investments in artificial tntelligence (AI) to help investors better understand the intricacies of emerging financial markets and the potential of blockchain technology, the company will deploy Beyond Protocol’s expertise in IoT through several initiatives.
“Beyond Protocol’s founding members bring decades of experience in IoT devices, artificial intelligence and emerging technologies,” says a Huobi Ventures spokesperson. “By partnering with Beyond Protocol, Huobi benefits from the company’s secure device-to-device communication, which plays an essential role for scaling AI and allows machines to make consequential and intelligent decisions.”
Huobi is one of the most popular cryptocurrency exchanges in Southeast Asia, a market where the number of traders quadrupled over the past month. The partnership will provide both parties the opportunity to develop AI solutions, while analyzing regional and global cryptocurrency trends.
“Huobi is one of the most respected exchanges for both institutional and retail investors,” says Beyond Protocol Chief Executive Officer Jonathan Manzi.
Image redit: Beyond Protocol