W Chain, a leading hybrid blockchain platform for global payments, has announced a partnership with NeurochainAI, a leader in decentralised AI development.
The partnership will leverage the combined strength of both companies to transform the global payment system by deploying an amalgamation of AI and blockchain technologies.
The AI developer is backed by Google’s startup programme.
NeurochainAI collaboration
By adding AI to W Chain’s system, the companies plan to provide smart analysis to prevent frauds, create custom payment experiences for users, and adjust fees in real-time for businesses.
W Chain, which works with various digital assets and payment solutions, said the initiative will be beneficial for multiple industries.
Sathya Prakash, Head of Commercials of W Chain, said the partnership with NeurochainAI is a big step in the company’s goal to transform global payments through tech.
“By joining our hybrid blockchain setup with NeurochainAI’s cutting-edge AI tools, we’re set to offer smarter and safer payment systems that keep up with what businesses and customers need today,” he said.
Gabriele Jas, Marketing Manager at NeurochainAI, said the company’s work with W Chain fits right in with its aim to push forward open and fair AI growth.
“Working together, we’ll give businesses tools to make payments easier while setting new standards for how well and global payments can work,” he said.
The companies said they aspire to build smart payment tools that use data predictions to spot fraud before it happens.
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