News linked to both this project and an event.
According to a proposal on the Scroll official forum, the Scroll DAO has launched a protocol upgrade initiative to transition Scroll into a permissioned network designed for privacy-focused AI applications, while migrating SCR to the Ethereum mainnet. The network will develop an AI product ecosystem centered on Compass, Compass API, CENO, USX, and SCR, primarily supporting privacy-preserving AI interactions, identity credential verification, AI Agent workflows, payments, and compute coordination.
Ethereum Layer 2 network Scroll published a summary of its DAO monthly meeting on October 30, further disclosing its network transformation plan, which intends to adjust the existing network into a permissioned network and migrate SCR and USX to the Ethereum mainnet. Scroll stated that detailed proposals will subsequently be submitted for governance review of the related transition arrangements.To support the transition, Scroll is preparing to help users review their existing positions and safely transfer or withdraw assets during the network transformation. In addition, Scroll's AI application Compass has launched a paid subscription service on iOS, while the Android version and more fiat payment methods are still under development, and the Compass API is also expanding support for different AI models.
The Scroll team stated in a forum update that they have recently extensively applied artificial intelligence to internal operations and product development, and are building an AI product stack consisting of Compass, Compass API, CENO, USX, SCR, and the Scroll network. The team believes that as AI agents become more involved with credentials, proprietary data, payments, private workflows, and computing resources, networks need to provide verifiable rules, privacy protection, and trustworthy coordination capabilities.
Odaily Odaily: Securitize shares are expected to begin trading on the New York Stock Exchange on Thursday under the ticker symbol SECZ. Securitize is a tokenization company backed by BlackRock, which has assisted companies like BlackRock in issuing securities on-chain. Securitize President Brett Redfearn stated that bringing real-world assets on-chain allows investors to control assets in digital form and reduces intermediaries in traditional businesses. Using stock lending as an example, he noted that Robinhood currently retains approximately 85% of the related revenue, while Charles Schwab splits the revenue evenly with users. Redfearn believes that DeFi can offer investors in the tokenized securities ecosystem more ways to utilize assets, but such growth also depends on development by external builders. Robinhood is expected to launch a new product on Wednesday; previously, Compass Point analyst Ed Engel suggested that it may include tokenized stocks compatible with DeFi.