Here's why AI companies are betting on Cardano for long-term gains

The Cardano network's heightened development over the past few months has been marked with several important partnerships. Among them is also the field of Artificial Intelligence (AI), a sector that can benefit greatly from blockchains. According to AI researcher Dr. Ben Goertzel, Cardano's development arm IOHK is'very thorough and careful' when it comes to software testing and implementation. Goertzel's company SingularityNET, which works at combining AI and blockchain technology, is leveraging the Cardano blockchain to develop an ERC-20 convertor. It will aid the migration of ERC-20 tokens from Ethereum to the Cardano blockchain.