Gm Frens,
Welcome to my Square account!
Today, we're going to talk about Artificial Intelligence and its benefit on the blockchain ecosystem and cryptocurrencies.
As you may have noticed, AI has arrived in force in the tech sector and literally swept everything in its path, with companies such as Open IA (supported by Microsoft), or Nvidia, for example, seeing their market capitalization skyrocket, making them prime targets for investors the world over looking for reliable returns.
AI is the future of the tech ecosystem, and can be applied to absolutely everything, from simple discussions with a robot, providing us with reliable, fast and accurate information, to much-needed automation in certain key sectors, enabling us to improve our processes enormously.
So the question is: What impact will this have on blockchain and the cryptocurrency ecosystem?
There are multiple positive aspects about IA in the blockchain ecosystem.
First of all, AI is capable of analyzing large amounts of data in record time. AI monitors market trends in real time. In a way, AI can predict the future. The aim of AI is to make trading less random and gains more secure.
For security, AI is a game changer. AI is capable of detecting suspicious transactions. It can thus alert cryptocurrency holders to fraudulent trades, making operations more reliable. AI's intervention in cryptocurrency is intended to bring greater confidence to exchanges, and therefore to develop crypto-based projects more serenely
But for me, where our attention should be driven is more mainstream than this.
Since the recent development of AI, and the democratization and buzz surrounding GPT Chat in particular, we've been hearing a lot of concerns from people about the fact that it will soon be impossible to distinguish between an AI and a real human in every sectors and also soon on everything to do with the stock market or traditional banking transactions (not on blockchain).
In the ever-increasing flow of digital productions constantly arriving in our ecosystem, it will be impossible to distinguish human from robot, and it is in this context that blockchain will be our savior and become indispensable for every human being.
Indeed, blockchain will be the only way to digitally authenticate yourself and prove that you are a real human being, and it will also be the only way to have proof that is frozen in time and therefore subject to no control other than the one we currently have on blockchain, so there will be no need to set up “big brother”-style surveillance.
The future therefore lies in the blockchain, and we can also relate this to digital assets such as bitcoin, because it's a proof of ownership that can't be stolen (in the context of asset protection via a cold wallet, for example). If we own 1 bitcoin, it will be impossible for anyone to take away this property, which will be registered and protected by the blockchain.
Perhaps the classic currency exchange market is destined to disappear with AI?
I therefore believe that blockchain will soon be indispensable in the world with the arrival of AI.
This was my first post, so don't hesitate to tell me what you think in the comments and share this thread to help open up perspectives!
Many thanks and see you soon!
Maboo :)