NEM Ventures joins Decentralized AI Alliance to support AI democratization

February 4, 2020

By The Crypto Report

NEM Ventures, the venture capital and investment arm of the NEM blockchain ecosystem, today announced it has joined the Decentralized AI Alliance (DAIA), an alliance of more than fifty diverse organizations in the interrelated Artificial Intelligence (AI), Internet of Things (IoT) and blockchain ecosystem working together to democratize the use and control of AI.

This partnership will see the development of common strategies and increased resource sharing between the member organizations towards the common goal of developing a system of democratized AI.

“With over 60 global members to date, I am ecstatic to see NEM joining the alliance and welcome them. We remain anxious about the future of this planet, with current AI lacking essential security. We urge every reader to learn more about this initiative, as this might be one of the most impactful ways to move towards a safer future rather than remaining idle. We hope NEM Ventures will help us accelerate towards that mission.” – Toufi Saliba, President of DAIA, Founder of the ACM AiDecentralized and author of TODA/IP