Shiba Inu has made history by becoming the first Layer 2 (L2) blockchain network to collaborate with the CDSA (Content Distribution and Security Association) to enhance blockchain technology in terms of content distribution and security.

On April 11, 2024, SHIB, a collection of digital solutions and assets based on Ethereum, including the popular meme token Shiba Inu, revealed its partnership with the CDSA in a statement released via CoinDesk.

Shiba Inu's team of developers is set to propose and develop blockchain technologies specifically tailored to the needs of the entertainment and media industry, with a strong focus on content distribution and security.

Established in 1988, CDSA is a global non-profit organization dedicated to establishing reliable practices for the storage and delivery of entertainment information, technology, and software.

Shytoshi Kusama, the lead developer of Shiba Inu, expressed enthusiasm about bringing a fresh perspective to blockchain technology and acknowledged the efforts of CDSA in assisting entertainment and media executives in leveraging these advanced technologies, particularly at the intersection of artificial intelligence and blockchain.

According to the Shiba Inu developers, blockchain technology can address concerns related to plagiarism and deep fakes in the rapidly expanding artificial intelligence industry. They also pointed out that several AI models are being trained on publicly available content, raising concerns among researchers.

As of the latest update, Shiba Inu's SHIB tokens are trading at $0.0000276 with a market capitalization of $16,255,236,294, ranking SHIB as the 12th largest cryptocurrency. The ultimate aim of Shiba Inu is to establish itself as a global stable currency widely used by people from various countries as a payment method and store of value.

In addition to expanding SHIB's utility, the team has introduced the Metaverse, aiming to create a fun, interactive, and immersive environment where users can explore, collect in-game resources, and generate passive income.