Microsoft Ventures into Digital Payments and Explores Central Bank Digital Currencies – Coinpedia Fintech News

Microsoft, which is a big player in the field of AI, has unveiled a strategic partnership with Aptos Labs, a layer-1 blockchain entity. This partnership represents a significant moment where advanced AI meets the emerging realms of web3 and blockchain technology.

Aptos Labs, established by former Facebook employees, was initially on a mission to revive the dormant Diem project, formerly known as Libra. However, now backed by Microsoft’s AI expertise, Aptos Labs is setting its sights on more ambitious endeavors.

In a recent press release, Aptos disclosed its plans to utilize Microsoft’s infrastructure to introduce innovative ventures that merge AI and blockchain technologies. Notably, they unveiled a new chatbot named Aptos Assistant.

This AI-powered chatbot serves as a resource within the Aptos ecosystem, offering users information and aiding developers in crafting smart contracts and decentralized applications. The chatbot’s capabilities are harnessed through Microsoft’s Azure OpenAI Service. This collaboration exemplifies the fusion of AI and blockchain in shaping the future of technology.

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