Beauty Bakery Expands Blockchain Platform Business with AI Specialist Company Synerin

Beauty Bakery is accelerating its blockchain platform business by partnering with a company specializing in artificial intelligence (AI) solution development.

On the 5th, Beauty Bakery announced that it signed a memorandum of understanding (MOU) with Synerin to expand the 'LOTT Project.' Through this agreement, they plan to strengthen cooperation in blockchain platform development and marketing, including LOTT tokens, metaverse, and healthcare.

A representative from Beauty Bakery stated, "Based on Synerin's core AI technologies and expertise in machine learning and decision-making systems, we expect the development of the LOTT platform and the technological advancement of the blockchain business to be realized." They added, "We will continue to expand the blockchain business by collaborating with companies in various fields."

Synerin is a solution development company that has carried out projects such as the Ministry of SMEs and Startups' TIPS (Tech Incubator Program for Startup) program, AI data construction projects for artificial intelligence data learning, and the launch of real-time health diagnosis AI services based on AI technology. Notably, last year, it gained attention with Real Valu, a real-time AI-based anomaly detection service.

The LOTT Project is a new blockchain platform business that integrates non-fungible token (NFT) technology into healthverse, games, and various other fields, using LOTT tokens as a payment method. LOTT tokens are used not only on the LOTT platform but also as a payment method within the metaverse ecosystem linked to the LOTT Project, and they will be available for use at affiliated partners in the future.