WIRE NETWORK USHERS IN A NEW ERA OF AI-DRIVEN TRANSACTIONS WITH ITS TESTNET LAUNCH

Introducing the Universal Transaction Layer: A Scalable and Decentralized Blockchain Built to Connect All Chains and Eliminate the Loss of Millions to Gas Fees 

Bradenton, Florida, December 18, 2024 – Wire Network, the first blockchain purpose-built for the AI agent economy, has officially launched its testnet, which will enable AI agents to transact seamlessly across global industries from finance to gaming. Unlike current crypto  systems that are slow, costly, and centralized, Wire Network’s Universal Transaction Layer (UTL) creates a fast, scalable, secure, and gas-free foundation for AI to support the next chapter of the global financial ecosystem across all chains for financial interoperability.

This launch represents a pivotal moment in the evolution of AI and blockchain by providing the infrastructure necessary to handle high-speed transactions while eliminating barriers like intermediaries and fees. Testnet is open to the public and Wire Network welcomes all decentralized AI developers to come and try out the technology and deploy contracts, paving the way for new on-chain partnerships upon mainnet launch in the new year. 

“We are laying the foundation for a truly decentralized and interoperable future,” said Ken DiCross, Founder and CEO of Wire Network. “This is a critical step toward empowering AI agents to transact freely and securely across any platform. We’re entering the golden age of humanity and innovation, where identity, trust, and data integrity will define success. In granting easy access and flow of resources between various chains, we’re eliminating the loss of millions of dollars that get burned in unnecessary gas fees.”

Key Features of Wire Network:

  • Scalability and Speed: Infrastructure designed to handle high-speed transactions per second, ready to support global adoption.

  • Compatibility: Seamless transactions across all blockchains, eliminating the need for bridges.

  • Zero Fees: Removes financial barriers to adoption, especially for high-volume, real-time applications like gaming and micropayments.

  • Decentralized Identity: Secure identity verification for AI agents and users, ensuring trust and transparency.

As the AI economy accelerates, and is expected to surpass $15 trillion by 2030, Wire Network unlocks a new opportunity for a scalable, decentralized infrastructure that is future-proof and solves some of the most pressing challenges that face the modern intersection of AI and blockchain. 

For more information visit wire.network and developers can connect via Wire Network GitHub.

About Wire Network

The Only Blockchain for the Ai Economy. No Gas. All Chains. Lightning Fast Transactions. As Ai drives an economic revolution, Wire Network delivers the first third-generation blockchain, providing financial rails for the Ai agent economy – it’s like a global passport and universal currency for Ai. Visit wire.network.

Contact:

Chelsey Northern | Elana Rose | Cory Councill

cn@wearetheuntold.com | er@wearetheuntold.com | cc@wearetheuntold.com 

This press release was originally published on this site

You May Also Like

Puerto Rico Blockchain Week: Blockchain Investor Network BitAngels Announces ‘Best in Show’ of Companies Innovating Web3 and Blockchain

BitAngels (https://bitangels.network/), the world’s premier investor network for the blockchain industry, today…

The Hacker Ecosystem Survey 2023: 92% of Hackers are Focused on Ethereum, But Interest in Tezos Spiked By 122% YoY

Immunefi, the leading bug bounty and security services platform for web3 which…

TAO Subnet Sharding Introduces Groundbreaking Innovation to Bittensor Ecosystem

TAO Subnet Sharding, an exciting new project in the realm of decentralized…

VelorGain Partners with German Fintech Leaders to Advance Sustainable Investment Solutions

VelorGain, a global leader in AI-powered wealth management and digital investment technologies,…

CoinW Elevates its Game: Welcoming Andrea Pirlo as Global Ambassador in Monumental Crypto Partnership

CoinW, a pioneering crypto exchange, proudly heralds a collaboration with is thrilled…

OkayCoin Sees Significant Uptake by Whales and New Wallets in Crypto Staking

In a significant endorsement of its staking platform, OkayCoin has reported a marked…

EIGEN, A Re-staking Protocol, Will Be Listed on CoinW Exchange

CoinW, the world’s pioneering cryptocurrency trading platform, will list EIGEN, EigenLayer’s EIGEN token,…

DigiFolio Announces New Advisory Board Members to Propel Growth and Innovation

DigiFolio, a leading web3 company, is excited to announce the addition of five distinguished…

Linklogis Releases 2024 Interim Results, with a Revenue of RMB410 Million and Cash Reserves of RMB5.1 Billion

On August 29, 2024, Linklogis Inc. (09959.HK, “Linklogis”) released its 2024 interim…

Beluga and Veera join hands to Power Next-Generation Crypto Experiences

San Francisco, CA and New Delhi, India — [October 21, 2025] — Beluga, the…