This week we were thrilled to announce the release of our Malicious Smart Contract API alpha, designed to enable fraud detection and smart contract reputation management within web3 applications. 🎉 Our API is simple to use, yet incredibly powerful, providing developers with a checkpoint to ensure the safety and validity of their smart contracts on Ethereum. We’re also thrilled to share that one of the key ways our API can be so powerful is due to our proud partnership with Spice AI to support the underlying infrastructure of our product, enabling us to deliver a cutting-edge ML solution that meets the needs of developers in the web3 ecosystem.
As a data-first ML company, Fimio understands the importance of partnering with a data provider that can support our unique needs. That's why we've chosen to work with Spice AI, a leading provider of data management and infrastructure solutions built specifically for ML workloads in web3. Spice AI's focus on multichain support and their proven ability to meet feature deadlines make them the perfect partner to help us bring our vision to life.
Looking ahead, we have a multichain roadmap that requires a long term data partner that’s aggressive about injecting multiple data chains as fast as we can build and ship. Spice AI is built for developers, so we only need to learn one primitive to work on Ethereum, Solana, Polygon, and all the other chains. This means that as we build, our engineering team only has to work with a single dedicated data provider that manages all of the nodes for us. We’re confident that we can meet our deadlines and deliver a reliable, high-quality product to our users with Spice AI.
With more than $3.9 billion in crypto funds lost across the Web3 ecosystem to hacks and scams in 2022 alone, it’s now more important than ever to leverage a best-in-class fraud detection API with ML capabilities – essential for protecting against increasingly sophisticated fraud in the fast-evolving world of web3 technologies. At Fimio, we’re committed to help businesses stay ahead of the curve, protect against emerging threats, and safeguard their reputation and bottom line.