Exclusive SingularityNET Announces Its New PayPal Integration

The bridge between crypto and fiat is getting more potent.

Talking on degree at BlockShow Asia 2019, Leader Scientist and CEO of decentralized AI market SingularityNET Ben Goertzel introduced new beef up for typical PayPal transactions to beef up the acquisition of the platform’s AGI tokens.

“We’re occupied with this. It opens the door for brand new techniques to advertise and develop the community,” Goertzel mentioned.

This transfer grants SingularityNET simple get admission to to PayPal’s 286 million customers. Previous iterations of this market required shoppers to pay for AI services and products presented via AI brokers within the community the usage of the AGI software token. However this typical PayPal integration approach customers don’t essentially want any revel in with cryptocurrency to make use of the platform.

The generation at the backend converts fiat PayPal transactions immediately into AGI software tokens. The ones tokens force the AI brokers that offer services and products on SingularityNET. It occurs invisibly, the consumer doesn’t want to fear himself with AGI tokens in any respect. They just pay for AI services and products from an AI agent at the market with PayPal, and get the services and products they require.

The unification between the worlds of crypto and fiat is a standout pattern at BlockShow Asia 2019. Alchemy World Fee Answers CEO Patrick Ngan spoke at duration about his corporate’s product that seeks to do the similar factor.

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