World Mobile Taps SingularityNET to Introduce Blockchain-Based Loans

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The mobile network operator will roll out the blockchain-based lending solution in three phases.

The UK-based mobile network operator – World Mobile – teamed up with the decentralized artificial intelligence marketplace – SingularityNET – to develop credit ratings for a lending program that utilizes blockchain technology.Combining AI and Blockchain Technology, the collaboration with SingularityNET will upgrade World Mobile’s customer service as it will use AI technology to answer clients’ generic questions.

“We are proud to partner with SingularityNet on the integration of AI technology for customer support and introducing blockchain-based data loans. This strategic partnership reflects our shared commitment of delivering cutting-edge innovations to solve real world problems. Janet Adams – COO of SingulrityNET – described this partnership as a “key component” of his company’s journey since it will allow it to get “vital funds to those the traditional financial system has previously excluded.”

 

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