Despite the downturn in digital currency prices, SettleMint has seen steady user growth and a 3-4x increase in sales this year. The company is also expanding into Asia with funding from Fujitsu, and is experiencing significant growth in the Middle East. The use of smart contracts is evolving, with a shift from collectibles to practical uses such as ticketing and guarantees as proof of ownership.
Key takeaways:
- SettleMint, a low-code blockchain programming tool, has added an AI assistant to its platform to help developers create smart contracts, integrate data, and enhance quality assurance testing.
- The AI assistant is not designed to replace humans but to help explain what each line of code does and suggest modifications to avoid vulnerabilities, although the code won't be bug-free and technical audits are still necessary.
- Despite the downturn in digital currency prices, SettleMint is experiencing steady user growth and has seen its sales multiply 3-4x this year, with companies increasingly recognizing the benefits of blockchain technology.
- SettleMint is expanding into Asia with funding from Fujitsu and is seeing significant growth in the Middle East, with its users moving from small project teams to larger groups undergoing extensive internal training.