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GM Network (GM): Merging AI With IoT for a Smarter Connected World

Intermediate
Blockchain
Explainers
Altcoins
Oct 2, 2024
11 min read
0

The artificial intelligence (AI) field has become the favorite child of the technology world, with countless new projects launched and optimism running high about its potential. However, there are also a few more technology spheres in addition to AI that the developer community is busy working on. Two of these are the Internet of Things (IoT) and decentralized physical infrastructure network (DePIN). While AI and IoT have applications and use cases in the blockchain world and on traditional Web 2.0 platforms, DePIN’s technology is both peculiar to and enabled specifically by web3.

GM Network (GM) is a blockchain project that has taken on the challenge of integrating these three promising technologies — AI, IoT and DePIN — into a solution that will create a worldwide web of interconnected, AI-driven IoT devices and applications. By incentivizing the sharing of IoT data with AI models, GM Network has championed a new breed of technology, called AIoT. With AI and IoT fast becoming part of the daily lives of billions of people, this project holds boundless potential.

Key Takeaways:

  • GM Network is a Layer 2 rollup solution that supports gasless, scalable and secure transactions that power applications and products in the area of AIoT — a field that represents the junction of AI and IoT technologies.

  • GM Network aims to support AIoT devices and use cases by integrating two key blockchain technologies — the AltLayer rollup development platform and the EigenLayer restaking protocol.

  • The project's native crypto, the GM token, is slated for a future release and will be used for product payments, incentives, staking and governance.

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