The much-awaited arrival of smart contract integration on the Cardano network has been followed by a diverse range of projects opting to build on it. Among them will be a humanoid called Grace, whose developers have chosen Cardano to power the robot’s Artificial Intelligence (AI) modules.
Grace was designed by Awakening Health and SingularityNET to be used in both eldercare and general healthcare. The bilingual robot can speak English and Korean, is also capable of simulating 48 facial muscles and mirroring a patient’s emotion, qualities that allow it to have meaningful social interactions with them, according to a blog post by Cardano developers Input Output HK (IOHK).
Its integration with Cardano is supposed to boost its performance further, as the time to process biodata will be reduced. Apart from that, the network will also help in protecting medical records by making the AI system more secure and private, according to SingularityNET CEO Ben Goertzel. He explained,
“In applications like that, the robot needs to deal with medical records on the back end, and it needs to deal with potentially confidential information that elderly folks and medical patients can give her… This really makes use of the security of the Cardano platform.”
The healthcare crisis caused by the Covid-19 pandemic has given a huge boost to the eldercare robotics industry, and Cardano will allow Grace to scale according to the global demand, noted Goertzel.
Speaking at the Cardano Summit 2021, he further explained that Cardano’s use cases that have been activated through the Plutus smart contract platform would allow his company to do “many interesting things” that weren’t possible due to the limitations of Solidity. Last September, the decentralized AI company became one of the first that had chosen to at least partially migrate to Cardano from Ethereum.
The CEO also announced that the company’s AGIX token was also “not too far” from being launched on the Cardano mainnet, which he had earlier claimed to be “quite superior.”
This boost in innovation that has been stimulated by Cardano’s smart contract integration could see the network hosting several such forward-looking projects. While Grace has welcomed Cardano’s AI era, its commercial arm EMURGO had recently announced the launch of Astarter, Cardano’s very own DeFi venture. This will allow the network to host a decentralized exchange and money markets.
If that wasn’t enough, IOHK also announced the “lightwallet” recently, which will reportedly allow users to interact with Cardano without internet access. the devs also added that it will be the “first blockchain wallet that will be able to carry out transactions, hold NFTs, make purchases and more all in one mobile application.”
Despite several partnerships being announced during the summit over the weekend, at the time of writing, the price of Cardano’s native currency ADA had lost 3.1% of its valuation in the past 24 hours.