Share this article

Cisco, SingularityNET to Decentralize Artificial Intelligence via Blockchain

Networking giant Cisco Systems is collaborating with SingularityNET on developing applications of decentralized AGI.

Updated Sep 13, 2021, 11:28 a.m. Published Sep 23, 2019, 1:00 p.m.
shutterstock_1087666388

Networking giant Cisco Systems is collaborating with SingularityNET on developing applications of decentralized AGI.

Artificial General Intelligence is a branch of AI that focuses on a computer’s ability to learn intellectual tasks. Whereas existing AI might learn to read characters on a page, for example, a true AGI system might intuit how to write the book.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

In a joint statement, Dr. Ben Goertzel, SingularityNET CEO, said, “The scale of the AGI deployments needed by a partner like Cisco is going to be tremendous, and we are working hard to make sure our AGI tools and our blockchain-based platform is up to the task.”

SingularityNET’s platform

democratizes AI by decentralizing its source, preventing any single force or player from hoarding computers’ capacity to learn.

Cisco

and SingularityNET see the potential in building AGI together, according to Goertzel. He said this technology is “expected to provide tremendous commercial benefit to whomever develops it.”

“This benefit may initially take the form of a generation of ‘Narrow AGI’ systems that infuse general intelligence into products in specific vertical markets like, say, advertising, medical research, computer networking or financial analytic,” he said.

Cisco’s role in worldwide technology kickstarts that goal.

“To really build a global decentralized thinking machine we are going to need to put a lot of complicated ingredients together, and the collaboration between Cisco and SingularityNET has the potential to accelerate things tremendously,” Goertzel said.

Cisco image via Shutterstock

More For You

KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

16:9 Image

KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

More For You

Silver nears $1 billion in volume on Hyperliquid as bitcoin remains frozen: Asia Morning Briefing

Blocks of silver (Scottsdale Mint)

Silver perps have more volume on Hyperliquid than SOL or XRP.

What to know:

  • Silver futures on the Hyperliquid crypto derivatives exchange have surged to become one of its most active markets, ranking just behind bitcoin and ether in trading volume.
  • The SILVER-USDC contract’s high volume, sizable open interest and slightly negative funding suggest traders are using crypto infrastructure for volatility and hedging in macro commodities rather than for directional crypto bets.
  • Bitcoin is holding near $88,000 in a "defensive equilibrium" with cooling ETF inflows, uneven derivatives positioning and rising demand for downside protection, while ether lags and capital rotates toward hard assets like gold and silver.