Cryptocurrency Bitcoin Advances with Partnership between VitaminAi and IBVM
In an exciting development, VitaminAi, an AI-powered blockchain firm, and IBVM, a zero-knowledge platform specializing in Bitcoin scaling, have announced a partnership. This collaboration aims to revolutionize the way Bitcoin is perceived and used within the Web3 ecosystem.
The primary goal of this partnership is to launch the first zero-knowledge (ZK) powered Bitcoin Layer-2 solution. This groundbreaking initiative will enable real programmable Bitcoin ($BTC) without compromising Bitcoin’s native security. As a result, developers will be able to build smart contracts, decentralized applications (dApps), and tokens directly on Bitcoin, expanding its utility beyond a traditional store of value.
IBVM is introducing a Layer-2 protocol that leverages zero-knowledge technology to scale Bitcoin natively. This innovative approach bridges the gap that traditional wrapped solutions cannot address. VitaminAi, on the other hand, contributes its AI-powered Web3 infrastructure to optimize automation, scalability, and efficient management of complex on-chain operations. Together, they envision Bitcoin evolving from a static store of value into a dynamic platform to expand Web3 adoption.
The partnership's ambitions include catalysing new use cases across finance, digital identity, and gaming, ultimately aiming to drive mainstream adoption of decentralized technologies anchored by Bitcoin’s security and global recognition. This initiative represents a significant step toward integrating Bitcoin into the programmable economy and establishing a decentralized app ecosystem powered by scalable, secure, and intelligent blockchain infrastructure.
To propel the development of a robust ecosystem for Bitcoin-centric dApps, the project has secured a $20 million funding round led by Rollman and reached a valuation of $100 million. The funding is expected to be instrumental in accelerating the rollout of IBVM's Layer-2 solution and the development of a decentralized App Store dedicated to Bitcoin-based applications.
Through the App Store, developers would gain access to a platform that makes Bitcoin both programmable and scalable. The AI layer developed by VitaminAi is envisioned as a critical component for managing complex on-chain operations efficiently while ensuring long-term scalability.
By anchoring their vision in the fundamental attributes of Bitcoin, both entities plan to set a precedent for secure and scalable innovations in the blockchain space. The collaborative project is expected to unlock novel use cases in financial services, digital identity frameworks, and blockchain gaming.
In conclusion, the alliance between VitaminAi and IBVM may represent a significant step toward integrating Bitcoin into the programmable economy and establishing a decentralized app ecosystem powered by scalable, secure, and intelligent blockchain infrastructure.
- The partnership between VitaminAi and IBVM intends to integrate Bitcoin into the programmable economy by developing a ZK-powered Bitcoin Layer-2 solution, allowing real-time programmable Bitcoin, enhancing its utility in areas like finance.
- As part of their plan to set a precedent for secure and scalable innovations in the blockchain space, the combined efforts of VitaminAi and IBVM aim to drive mainstream adoption of decentralized technologies, leveraging the security and global recognition of Bitcoin, and expanding into technology-focused sectors such as digital identity and gaming.
