Singularity Studio Signs Memorandum With People’s Insurance Company Of China’s Fintech Arm

2019-8-17 17:45

Singularity Studio, the for-profit spinoff of the SingularityNET project, a decentralized AI services marketplace, has signed a “Strategic Cooperation Memorandum” with PICC Financial Services, a Fintech-focused subsidiary of the state-owned People’s Insurance Company of China. 

The partnership was signed to develop AI and blockchain-based fintech solutions, with PICC FS delineating a detailed plan for the deployment of AI services, part of a comprehensive strategy of internationalization of PICC’s fintech operation.

Singularity will also provide support to the partnership between PICC Financial Services and the Plug & Play Tech center in China, in order to open a Beijing-based accelerator that will develop research initiatives, stage training programs and hold events.

PICC FS is also expected to work with the SingularityNET-affiliated AGI Society to promote the development of Artificial General Intelligence (AGI) education and research in China.

Gu Wei, CEO of PICC Financial Services, stated that the insurance industry is already acquainted with AI and blockchain tech. “Currently we deploy AI and blockchain solutions across a range of product lines and services,” noted Wei. “This Strategic Partnership accelerates our AI development plans and provides a platform for global expansion.”

Specifically, the partnership will focus on AI uses inherent to the insurance industry, such as AI-enabled marketing, linguistic and voice recognition, smart evaluation and settlement of claims, and the use of the blockchain to manage the supply chain and identify fraud. 

SingularityNET is a Netherlands-based project that aims to further AI development and implementation, offering a decentralized marketplace for AI services and training data, powered by the proprietary AGI token. It has secured several high-profile partnerships, such as Domino’s Pizza and China’s Ping An insurance company.

 

The post Singularity Studio Signs Memorandum With People’s Insurance Company Of China’s Fintech Arm appeared first on Crypto Briefing.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Internet of People (IOP) íà Currencies.ru

$ 0 (+0.00%)
Îáúåì 24H $0
Èçìåíåèÿ 24h: 0.00 %, 7d: 0.00 %
Cåãîäíÿ L: $0 - H: $0
Êàïèòàëèçàöèÿ $0 Rank 99999
Öåíà â ÷àñ íîâîñòè $ 0.0207971 (-100%)

china fintech studio company singularity people memorandum

Èñòî÷íèê: cryptobriefing.com

china fintech → Ðåçóëüòàòîâ: 41


Explore the hidden opportunities in China Fintech market

In 2018, Money20/20 launched its first China show in Hangzhou, the birthplace of Alibaba and Ant Financial! We brought together more than 2000 professionals from 53 counties, built bridges for partnerships that wouldn’t have been possible otherwise, and created in-depth discussions on burning topics for Chinese and international audiences. At last year’s show, we put […]

2019-7-29 10:15


New Tencent Survey Shows Top Economists in China are Torn on Central Bank Digital Currency (CBDCs)

According to a recent survey that was conducted by Tencent’s fintech think tank, top economists in China are divided about Central Bank Digital Currencies (CBDCs) and their effect on the economy. Some of them believe that the effects could be very positive, while others think that they would have a negative influence. According to Jiemian […]

2019-2-4 21:33


Ripple and Tsinghua University of China Partner to Launch a Blockchain Research Program

The company of Ripple has partnered with the Institute for Fintech Research at Tsinghua University (THUIFR) in China to launch a Blockchain Technology Research Program (BRSP). The program is meant to facilitate excellent graduate students to access cutting-edge research and global regulations and policies related to blockchain technology.

2019-1-24 11:53


China’s Insurance Powerhouse Ping Takes Plunge into Blockchain, AI and Cloud Computing

In Their Recent Fintech Push Ping An Pursuits Blockchain, AI and Cloud The largest insurer by market value in mainland China and second-largest life insurer in terms of premiums, Ping An Insurance, recently announced that they are betting on technologies including blockchain, artificial intelligence (AI) and cloud to pursue its fintech push. At the firm’s […]

2018-10-16 18:52


Ôîòî:

PBoC’s Fintech Research arm to Expand Blockchain Operations beyond Beijing

People’s Bank of China’s (PBoC) research arm, The Digital Currency Research Lab, is set to further its operations beyond the Chinese capital of Beijing. Per a report on September 4, 2018, by the local finance news daily CNStock, the research group is expanding outside Beijing in a bid to accentuate development of emerging financial technologies, including blockchain technology, cryptocurrencies, among...The post %%POSTLINK%% appeared first on %%BLOGLINK%%.

2018-9-7 23:00


Ïàðòíåðû Currencies.ru

Ðåêëàìà íà Currencies.ru

Ñàìîå ñâåæåå íà Currencies.ru

Fetch.ai, SingularityNET, and Ocean Protocol’s planned $7.5 billion ASI token to launch in May

The Artificial Superintelligence Alliance (ASI), comprising Fetch. ai (FET), SingluarityNET (AGIX), and Ocean Protocol (OCEAN), said the highly anticipated ASI token will be launched in May. In an April 16 statement, the Alliance stated that the ASI token would merge the native digital assets of the three decentralized artificial intelligence protocols and rank among the top 20 cryptocurrencies, […] The post Fetch.

AI tokens dominate the top gainers’ chart, FET leads the batch

Big data and artificial intelligence (AI) tokens have gained momentum as investors shift focus to altcoins amid bullish market sentiment. According to data provided by CoinMarketCap (CMC), the top five gainers among the leading 100 cryptocurrencies are from the big…

These 3 cryptocurrencies already gained 2500% combined this year

The crypto industry witnessed a quick recovery as 2023 started, with the total market cap surpassing $1.1 trillion in mid-February. Here are the top three digital assets over the past 60 days. SingularityNET rose by 10x The Cardano-based blockchain-powered service…

Popular Crypto Trader Won’t Buy Top Performing AI Token – Here’s Why

The rise of AI tokens has been the talk in the crypto space, with several projects like SingularityNET, The Graph, and Fetch. ai gaining impressive spikes in their market cap valuation. Despite the hype, popular crypto trader Scott Melker is not convinced and singled out SingularityNET for criticism.