Measurable Data Token (MDT), a decentralized data value creation system in the field of artificial intelligence, announced that it has established a strategic partnership with leading blockchain investment company DWF Labs.
The partnership will provide MDT with liquidity and a financial backing said to be in the seven figures, as well as expand its global reach and product development.
MDT is a blockchain-based platform that allows users, data providers and data recipients to exchange data securely and anonymously. Users can earn rewards by sharing their data, while data providers can access high-quality, verified data for AI applications. Data recipients can also benefit from lower costs and higher efficiency.
MDT altcoin co-founder Dr. According to Heatherm Huang, the partnership with DWF Labs will accelerate the growth of MDT's ecosystem and use cases:
“MDT has successfully distributed data sharing rewards to more than 650,000 ecosystem users who have generated more than $130 million in total sales value from more than 2 million anonymous transaction-based e-invoice data points. “With support from DWF Labs, we are confident that MDT is one step closer to realizing a ubiquitous data value creation economy powered by blockchain and will further expand our ecosystem use cases globally.”
DWF Labs Managing Partner Andrei Grachev expressed his excitement about the partnership and said that data and artificial intelligence provide mutual benefits in the field of decentralized finance:
“Data in decentralized finance not only feeds AI with invaluable insights, but also trains it to perform better. Artificial intelligence increases the usability of data by refining and enriching it. This symbiotic relationship between AI and data creates a continuous cycle of innovation. “We are excited to be a part of this journey in the Measurable Data Token ecosystem.”
Following the announcement, the MDT price increased by approximately 10%, reflecting the positive market response to the partnership.
*This is not investment advice.