crypto.news 2025-02-20 19:20:34

Kava AI integrates DeepSeek for decentralized crypto transactions

Kava has introduced a major update to Kava AI, incorporating a decentralized version of the DeepSeek model to streamline blockchain transactions. The update aims to remove complexities in cross-chain finance, allowing users to execute crypto operations through simple prompts instead of navigating multiple apps and wallets, according to a note shared with crypto.news. Kava AI is designed to facilitate on-chain transactions by processing user requests in natural language. Instead of manually bridging assets or swapping tokens, users can issue commands like “Move my tokens to another chain” or “Swap for a stablecoin,” and Kava AI executes the transactions. The system operates on decentralized infrastructure, ensuring data security and user control over transaction processes. You might also like: YLDS stablecoin debuts as first SEC-registered yield-bearing digital asset The AI-powered platform relies on a three-layer system: AI agents interpret user inputs, open-source language models process requests, and a decentralized computing network powers execution. Kava’s latest update comes as AI spending is projected to reach $1.3 trillion globally by 2032, while decentralized finance continues to grow. The company has also released a deAI Lightpaper outlining its approach to high-performance computing and decentralized model training. You might also like: Franklin Templeton launches its Bitcoin and Ether ETF “EZPZ”