TechFlow news, December 12 — According to The Block, decentralized stablecoin protocol Frax Finance announced it is developing a blockchain-based AI technology stack. Named "AIVM," this stack will be deployed on its Layer 2 network Fraxtal and will adopt a new proof-of-inference consensus mechanism. Frax CTO Sam Kazemian stated that the 2025 vision roadmap aims to build intuitive, accessible, and scalable DeFi infrastructure for the next billion users. Additionally, the roadmap includes a rebranding of the FRAX stablecoin and plans for a network hard fork upgrade. Cesar Rodriguez, CTO of project IQ, said launching tokenized AI agents on Fraxtal's AIVM will be an innovative milestone.
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