adaptive intelligence solution
The Spatial Web Is Coming -- Part 3 - AI Summary
VERSES is Blockchain agnostic which means you can use multiple chains and even operate a hybrid data layer using both DLT technologies and the cloud. On September 21, 2022, VERSES introduced the creation of its new Artificial Intelligence Lab and Sensor Fusion Research Facility, showcasing their technology portfolio, including COSM, and providing an immersive space for data science and product development teams to cultivate advanced adaptive intelligence solutions required for translating diverse data into contextual awareness between humans, machines and AI in physical and digital spaces. Smart Contracts, at the heart of DLTs, are a programmable set of rules, stored on Blockchains, and run when certain pre-determined conditions are met. These automated, self-executing & immutable strings of code are recorded onto Distributed Ledger Blockchains, securing transactions & agreements by replacing static documents and the need for third party mediation. Through intelligent automation, Smart Contracts secure the management of property rights, spatial rights, proof of origination, verifiable traceability, and auto-execution of payments and transfer of assets, providing security, protecting privacy, and allowing risk-free interoperability -- all essential to a favorable and prosperous augmented and networked Web 3.0 experience.