The world’s largest decentralized AI model powered by DeepSeek R1 model has gone live, being unveiled at the Consensus Hong Kong conference.
In a 20 February tweet, Kava AI, the blockchain platform behind the AI model said it will bring real AI execution to the decentralized finance (DeFi) ecosystem and break the monopoly of AI by big tech companies.
Bridging AI and crypto
KAVA AI is a decentralized blockchain platform that focuses on the interface between artificial intelligence and cryptocurrency.
The platform has done much work to bridge the gap between these two industries, which has culminated in the launch of this new AI model.
With DeepSeek integrated, the model executes on-chain transactions, optimizes DeFi strategies, and simplifies complex processes.
It achieves this through simple natural-language commands being able to execute real on-chain transactions, a feature that most other AI models in the market lack.
The press release describes this capability thus:
“Imagine telling your wallet to “find the best staking yield” or “rebalance my portfolio across chains” and watching it happen seamlessly. Kava AI empowers users to navigate staking, lending, and borrowing without needing to master technical jargon or wrestle with clunky interfaces. With DeFi’s complexity often cited as a barrier to mainstream adoption, Kava’s solution could be a game-changer, making blockchain finance as intuitive as texting a friend.”
With this technology, anyone can easily participate in the DeFi ecosystem without the need for much technical knowledge, thus lowering the bar for entry.
DeepSeek seeing wide adoption
DeepSeek is full of challenges that have led to some countries putting a ban on it, including Italy and South Korea, both citing data security concerns.
Despite the issues, some companies — mostly of Chinese origin — have embraced it particularly in the automotive industry. Its introduction into crypto is new territory that may imply wider adoption is underway.