SUMMARY: Bittensor is emerging as a decentralized, open-source protocol often described as a “worldwide web of intelligence.” With 128 subnets, each solving unique problems, Bittensor is making waves in the ecosystem.
Its growing momentum has attracted the attention of major investors, including Barry Silbert, who likens his enthusiasm for Bittensor to his early conviction in Bitcoin back in 2012. Through his newly formed Yuma Group, Silbert is pushing to make the network more accessible and has backed over a dozen subnets, one of the most notable being Subnet 54, Yanez MIID.
This particular subnet targets one of the costliest challenges in finance—fraud and anti-money laundering compliance. Banks spend over $200 billion annually on these systems, yet have still paid $321 billion in fines over the past 15 years due to inadequate oversight. Yanez’s approach replaces slow, manual testing with AI-driven solutions, offering institutions significant savings in both time and resources.
Silbert’s investment underscores the belief that Bittensor’s subnets could become foundational infrastructure for industries far beyond crypto.
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