Blockchain and AI are expected to be the pillars of the next wave of economic growth, and on Wednesday, Coinsilium Group Ltd. (OTC: CINGF) made a key announcement about a strong move into the spaces. The company revealed that it had inked an agreement with a blockchain to boost the AI space.
The Key Details
In the news release yesterday, Coinsilium Group announced that it had signed a strategic advisory services agreement with Context Protocol. Context Protocol is a blockchain, and through the collaboration, the two entities would look to bring greater power to the AI-based economy. Context Protocol was described as a Layer 1 blockchain in the announcement yesterday and had been designed to strengthen the AI economy by allowing verified AI domains to facilitate trusted exchange of data between humans, AI agents, and institutions.
Further Information
The company went on to note that AI interactions were on the verge of replacing the popular web interfaces, and hence, there was considerable need for verified and reliable data in order to win the battle against unreliable data as well as misinformation. It remains to be seen if the Coinsilium Group stock gets any traction today or not.
Alex Puig, CEO at Context Protocol, commented:
In the upcoming months, we will see a shift from websites to a new form of sharing and verifying data, where the web loses prominence and AI-based solutions take its place. In a world where millions of agents transact and share information, we need a new way to verify data that will be used for everything—payments, bookings, reviews, etc. This is the end of the web and SaaS solutions as we know them. Say hello to an AI-driven safe internet. Together with our partner, Coinsilium, we are bringing this vision to life, leveraging their expertise to create a new standard for secure, verified digital interactions.
Technicals
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| 3-Month Perf. | -24.95% |
| 6-Month Perf. | +127.27% |
| YTD Perf. | -16.67% |
| 1-Year Perf. | +76.99% |
| RSI(14) | 46.83 |
| ATR(14) | 0.01 |
| ADX(14) | 16.56 |
| Beta (5Y) | 0.70 |
