Changpeng Zhao (CZ), former head of Binance, sees great potential in combining artificial intelligence (AI) and blockchain. He believes these technologies complement each other perfectly.

Advantages:

  • Cheap labor: AI can utilize data labeled by people around the world, paying for their work with cryptocurrency.

  • Data storage: Blockchain, like BNB Chain, can provide the necessary memory capacity for storing AI data.

  • Transparency and security: Blockchain will ensure the transparency and security of data for AI.

CZ urges developers to create tools to combine these technologies and 'build' the future. He acknowledges that this field is new and there is currently little specialized literature.

Binance is already taking steps in this direction:

  • Integrates generative AI from Amazon Web Services into its products.

  • Binance Research has released a report on AI agents.

Conclusion: CZ is confident that the synergy of AI and blockchain will open new opportunities and lead to the creation of innovative products.