SingularityNET, a blockchain powered platform for the AI economy, has announced it has now onboarded Domino’s Pizza (Malaysia & Singapore) into its SingularityNET partners. The partnership will enable SingularityNET’s decentralized community and AI researchers to build algorithms and solutions, leveraging the recently launched SingularityNET Beta platform and drawing insight from Dominos large amount of input and data.
As part of the partnership, SingularityNET will conduct feasibility studies, deliver AI-centric workshops, and offer several algorithms to improve Domino’s business operations, thus opening up new frontiers for Domino’s to delight its rapidly growing customer base in Southeast Asia
AGI Token Utility, Dominos Efficiency
To enable the collaboration between the company and the wider ecosystem fostered by SingularityNET, Domino’s Pizza Malaysia and Singapore divisions will be using SingularityNET’s AGI utility tokens. SingularityNET’s native token was designed to facilitate some core functions of its decentralized marketplace, namely, frictionless and publicly-auditable transactions between AI services, and the incentivization of development for new AI services.
On the platform, Domino’s will be able to specify their AI needs, as wide and complex as they might need to be. In turn, developers from all over the world will be able to view, assess, discuss and collaborate on the best ways to satisfy the demand. Active developers will be able to collect the promised tokens as they deliver the desired AI services to Domino’s Pizza. With this partnership, SingularityNET is head-starting enterprise use of the AGI token and establishing a new form of collaboration between enterprise customers and its global community of developers.
“With this new addition to the SingularityNET marketplace, we hope to create a real snowball effect in our ecosystem. With more demand for open AIs flowing in from sophisticated customers, we hope to reach more developers and make our message clearer than ever: you do not have to settle for siloed AI development. The team is striving to accelerate onboarding many more large enterprise customers and feed the marketplace with an insatiable need for AI services.”
One of the most appealing elements emanating from this partnership is Domino’s use of the SingularityNET decentralized marketplace to open part of its business to a large community of developers interested in developing AI for immediate testing/use, which will be delivered to Domino’s drivers, operators, and business as a whole.
“At Domino’s, we combine technology and the talents of our people to provide our customers with the best products and service by driving innovation. This is valuable because it increases efficiency in the markets we serve, and that ultimately creates value for all stakeholders. This has been our mission and we remain fully committed to it. In our efforts to deliver on our mission, we’re guided by strong and meaningful values, including an unwavering commitment to integrity. We reinforce and build on our ability to deliver on our mission with continuous innovation and periodic transformation of our business. In fact, we are currently in the midst of transforming our core products and our data delivery platform to bring more speed and efficiency to our customers. Our newest transformation effort is occurring in our Operations function, where we are automating significant portions of our delivery operations and consolidating our operations centers. SingularityNET’s AI algorithms and services will allow us to explore these efficiencies at scale”.