KryptoGO Launches AI-Powered One-Stop Web3 Cloud Solution
KryptoGO announces the launch of its new AI-powered cloud
solution for diverse Web3 enterprise scenarios - KryptoGO Studio (hereinafter
referred to as KG Studio). The solution offers a one-stop, secure, and
compliant peer-to-peer marketplace application. It addresses the three key
challenges faced by global Web2 businesses entering the Web3 domain: identity
interoperability, technical security, and user experience, by providing
intelligent solutions.
KryptoGO is one of the few industry players that drive
innovation with a core focus on regulatory technology. Having gained support
from the National Development Fund and launched a cross-chain wallet last year,
the company is now upgrading its brand services to accelerate enterprise
enablement. With KG Studio, KryptoGO aims to provide the customer journey and
user experience required for entry into the Web3 market. The enterprise-level
application offers rapid, secure multi-chain wallets, compliance technology,
encrypted financial management, innovative NFT marketing tools, user
management, and intelligent analytics. All these features aim to empower
businesses to succeed in the era of Web3+AI.
Founder
and CEO Kordan Ou stated: "Utilizing AI can accelerate the resolution of
the pain points Web2 businesses encounter when entering the Web3 realm, serving
as a powerful tool. KG Studio is not just a technical solution but also a
strategic partner. It helps businesses take the lead in entering the Web3 era,
reducing costs and accelerating market entry. The platform offers a
user-centric design, robust security and privacy measures, and flexible
cryptocurrency fund management, ensuring businesses maintain a competitive edge
in the rapidly evolving Web3 world."
During
the launch event, KryptoGO identified three significant challenges that have
deterred Web2 businesses from entering the Web3 domain: First, the issue of
identity and data interoperability between Web3 on-chain and Web2 off-chain, a
problem KryptoGO has been addressing through its KYC/AML compliant technology.
Second, the high technical barriers around cryptocurrency management for Web2
businesses interested in transitioning to Web3. Third, the necessity for a
better user experience in Web3 compared to Web2, which sets higher challenges
for brand owners facing user retention and acquisition. These challenges have
held back some Web2 businesses from entering the Web3 metaverse.
Kordan
Ou believes that AI and the applications based on large language models (AIGC)
are accelerating the digital transformation of all enterprises. The fusion of
AI and blockchain grants new generational capabilities to various applications,
leveraging unprecedented productivity growth brought by AI while combining the
security and transparency provided by blockchain. This synthesis can offer
stronger efficiency, trust, and management across different industries, from
traditional financial investment and cross-border payment CeFi and DeFi
applications to various GameFi scenarios based on game ecosystems, IP, P2E,
social, NFT, etc.
According
to data from Emergen Research, the global Web 3.0 market reached $3.2 billion in
2021 and is expected to grow rapidly, possibly reaching $81.5 billion by
2030. The rapid growth is mainly due to advancements in AI and blockchain
technologies, increased usage of cryptocurrencies, and a demand for more secure
transaction methods across various industries. By 2030, the market combining
blockchain and AI could reach $9.807
billion. Companies pioneering new business models using these two
technologies have the opportunity for rapid growth.
Primarily in technological
transformation, AI accelerates learning and adaptation to new blockchain
technologies, aiding developers in quickly mastering the required knowledge. In
the security domain, AI can identify abnormal transaction patterns and
potential security risks, enhancing the security of blockchain systems. In
compliance, AI can automatically verify identities and data, reducing human
errors and non-compliance, particularly important under blockchain industry
regulations. Additionally, AI can analyze large volumes of data, provide
insights, and assist operators in adjusting business models to align better
with market demands.
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