The Shiba Inu [SHIB] ecosystem has been proving to be more than just a meme coin network. The community-driven project has been diving into several other avenues and media and entertainment is the latest. In a recent announcement, the SHIB community revealed that the network has partnered with the Content Delivery and Security Association [CDSA] to explore blockchain technology’s potential in the media and entertainment sector.
By partnering up with Shiba Inu, a network with a market capitalization of a whopping $16.49 billion, CDSA intends to combat malicious activities while trying to bolster content distribution networks. This will be done by leveraging blockchain technology. CDSA has been playing a pivotal role in setting industry standards since 1998. The platform boasts a distinguished membership comprising major studios, tech giants, and industry stakeholders.
Shibarium, Shiba Inu’s layer 2 network has the potential to revolutionize transparency and trust in the media ecosystem. Shytoshi Kusama, the lead developer of the SHIB network expressed excitement about the latest collaboration. Speaking about the same, Kusama said,
“We look forward to providing a unique and blockchain-first perspective to CDSA’s work in helping media and entertainment executives better utilize these innovative technologies, especially as blockchain and artificial intelligence converge.”
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Addressing AI-Driven Concerns
Deepfakes have been making rounds lately and pose a prominent threat among other AI-driven challenges. They undermine the integrity of digital content. The Shiba Inu network along with CDSA aims to tackle this while establishing robust defenses by harnessing blockchain solutions. Through this, the authenticity and traceability of media assets are bound to be ensured.
Amidst this development, Shiba Inu was trading at $0.00002765 with a dainty drop of 0.39% throughout the last 24 hours. This dip comes after a seven-day rise of 2.94%.
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