Frax Finance develops AI-focused technology stack for blockchain validation

Algorithmic stablecoin project Frax Finance (FXS) is developing a technology stack focused on AI agents, according to The Block. The stack, named AIVM, integrates a proof-of-inference consensus mechanism that uses AI and machine learning models to validate transactions on blockchain networks. Frax also stated that it is collaborating with IQ on the development of this technology stack.