Blockchain-based solution developer, Bitgert has collaborated with Olfaction Protocol, an artificial intelligence agent to advance web3 finance. The firm confirmed the partnership through a post on its X page on Thursday.
As revealed, the synergy will focus on using AI to enhance smart trading and improve users’ experience in the DeFi space. Bitgert stated that the new partners are set to usher in a new revolution by leveraging AI and blockchain technology to redefine decentralized finance.
As a result of this innovation, the blockchain network said traders are set to enjoy a new era of AI-driven trades that operate with zero barriers, cheap gas fees, and super-fast transaction completion time.
However, Olfaction Protocol in a separate post described how it will use its artificial intelligence infrastructure to provide adaptable AI-powered real-time insights for Bitgert users. It is worth mentioning that Olfaction Protocol is an AI-powered trading agent deployed to revolutionize the DeFi market.
Similarly, the AI agent offers real-time analytics on decentralized finance, meme coins, tokenized assets, and many more. Meanwhile, Olfaction Protocol as well uses its advanced AI infrastructure to execute smart trades and scout market trends with precision.
Side note on Bitgert
Bitgert is a firm well-known for its blockchain solutions aimed at advancing the decentralized finance sphere. The firm made its name through the launching of a crypto app “Bitrise” on the BNB blockchain in July 2021.
However, market expansion efforts saw the app rebrand to take a new name; Bitgert in December 2021. Despite the transition, the native token of the platform $BITRISE retrained its name and continued running on the BNB network.
Thereafter, in February 2022, Bitgert unveiled its blockchain network, popularly known among traders as Bitgert Chain or Brise Chain. The blockchain network utilizes a Proof of Authority consensus mechanism offering zero gas fees and 100,000 transactions per second (TPS) speed.
The recent partnership coincides with the long bear run of the Bitgert native token (BRISE). According to Coinmarketcap, BRISE has dipped by 8.4% in the last 30 days, reflecting an extended run of a 70.6% year-over-year decrease.
Additionally, the BRISE coin serves key purposes within the Bitgert ecosystem, giving holders some exclusive perks including discounts.
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