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DeepSafe Secures $3 Million Seed Funding for Decentralized AI Verification Network

According to DeepSafe, the funding from blockchain and venture capital firms will advance its blockchain-based AI verification platform, already processing millions of accounts and transactions.

Summary

In an official announcement, DeepSafe revealed it raised $3 million in seed funding from investors including Antalpha and ViaBTC Capital. The company’s decentralized verification technology, recently accepted by IEEE Transactions on Information Forensics and Security (TIFS), has processed 120 million transaction verifications and served 2.65 million active accounts to date. The funds will be used to enhance its blockchain-powered AI verification solutions.

Terms & Concepts
  • Decentralized AI Verification Network: A blockchain-based system designed to validate and authenticate AI operations and outputs without relying on centralized authorities.
  • Seed Funding: Early-stage investment provided to startups to support product development and market entry.
  • IEEE Transactions on Information Forensics and Security (TIFS): A peer-reviewed academic journal focusing on research in information forensics, digital security, and related technologies.