Lighthouse Brings Filecoin Power to SingularityNET Devs - Crypto News Flash

• SingularityNET developers can now store key data like metadata and .proto files using Filecoin through the Lighthouse integration.
• Filecoin’s Lighthouse offers flexible, decentralized storage access with API subscriptions, simplifying data handling for AI and Web3 applications.

When it comes to developing blockchain-based AI applications, one thing that often causes headaches is data storage. Well, now developers in the SingularityNET ecosystem have a more flexible solution.

Through integration with Filecoin via the Lighthouse platform, they can store important files such as metadata and .proto files directly on a decentralized storage network. So, there is no need to rely on traditional storage systems that are very limited and sometimes prone to damage.

Lighthouse itself is not just an ordinary storage place. This platform offers permanent storage with the help of the IPFS protocol which makes data distributed safely and easily accessible.

And what makes it even more interesting, developers can access its API through the Filecoin subscription system—the choices are flexible, according to the capacity of each project. Want a free one to try? Yes. Need a large one for Web3 applications or AI services? Just upgrade.

Filecoin Ramps Up With Faster Transactions and Stablecoin Integration

On the other hand, Filecoin is also not sitting still. They continue to speed up with technological updates. One that is quite curious is Proof of Data Possession (PDP). This technology allows Filecoin to store dynamic data—data that can change at any time, according to CNF.

In the past, this was difficult to achieve on a decentralized storage network. But now, developers can store images, videos, and even active AI models without worrying about the hassle.

Furthermore, on May 5, Filecoin launched its version 25 network upgrade, which they call Teep. One of its flagship features is Fast Finality (F3), which speeds up transaction finalization times by up to 100 times.

What used to take hours now only takes a few minutes. Imagine you’ve just finished uploading a large file to the network, and you don’t have to wait long for confirmation. In addition, the economic system has also been simplified, so storage providers are more comfortable playing here.

However, another interesting highlight came from the launch of a new stablecoin called USDFC on May 13. This stablecoin is backed by the FIL token with a collateralization ratio of 110%. Its main function? Providing USD liquidity directly on the blockchain.

USDFC can be used to pay for services on Lighthouse or even transacted on DeFi platforms like SushiSwap. With annual returns in the range of 8% to 10%, this stablecoin is clearly a special attraction for the Filecoin ecosystem.

Just imagine if all this happened two years ago. Storing .proto files for AI projects could be a big problem. But now? With all the innovations of Filecoin and its collaboration with SingularityNET, everything feels more fluid and open. Not only does it save time and money, but it also provides space for creative ideas to grow without worrying about infrastructure.

Meanwhile, as of the writing time, FIL is trading at about $2.87, down 4.36% over the last 24 hours and 14.61% over the last 7 days.