AI crypto projects have been transforming the blockchain industry throughout this year, using automated data analysis and decision-making processes, for smarter and more efficient decentralized systems.

Here’s what is new in AI for crypto and blockchain: The Graph introduces a new data standard, NEAR Protocol becomes compatible with MetaMask, and ASI Alliance announces a new staking platform. 

The Graph Protocol Introduced GRC-20 Data Standard

The Graph Protocol, which uses AI for improving decentralized indexing and querying capabilities for blockchain data, has introduced a new data standard called ‘GRC-20’. 

The standard will potentially replace traditional frameworks like the Resource Description Framework (RDF), which are less suited for the decentralized nature of Web3. 

Overall, GRC-20 provides a common language for knowledge. It will allow developers to build interoperable applications that can evolve with the dynamics of Web3 technologies. 

“Just as ERC-20 standardized value on Ethereum, GRC-20 will standardize data, information & knowledge and bring web3 to life,” The Graph wrote on X (formerly Twitter). 

Following the announcement on November 21, The Graph’s GRT token surged nearly 12%. 

NEAR Protocol Is Now Compatible with MetaMask

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Author: Mohammad Shahid