Headquartered in Cyprus, Pundi X 365, the leading blockchain network for business innovation and application is now a proud member of the prestigious multi-stakeholder forum, European AI Alliance. The forum holds open discussions of all aspects supporting AI development and study and their impacts on society. It complements the work of the AI high-level Expert Group (HLEG).
Pundi X 365 team took to its Twitter handle to broadcast the celebratory news about its joining of the European AI Alliance. The post read:
We are pleased to announce that Pundi X 365 has joined the European AI Alliance.
— Pundi X 365 (@pundix365) July 1, 2020
According to the blog post, by becoming a member of the globally renowned body, Pundi X 365 team will share expertise on core matters, including designing of an ethical framework for the deployment and employment of AI in the European Union. It will also give policy suggestions on AI-related challenges and opportunities. The High-Level Expert Group on AI will monitor the working of the alliance, a special panel constituted of 52 experts selected by a commission for conducting the special task.
Joseph Borghese stated, Executive Chairman, Pundi X 365,
Pundi X 365 is a leading name in the blockchain industry. The platform enriches multiple industrial sectors, including healthcare and insurance, with its world-class blockchain-powered high-tech solutions and services. By leveraging blockchain technology, Pundi X 365 team ensures clients with high-end security and efficiency of operations.
Pundi X 365 is constantly expanding its network operability through collaborations and strategic partnerships with various industries. Its recent partnership was with the European University Cyprus, which infused blockchain technology to the education as well as the business domain.