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Everyone Loves AI – But What About Blockchain?

June 12, 2024
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TL;DR

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Proper now, all the craze is about Synthetic Intelligence (i.e. AI; i.e. ‘Apple Intelligence’…in line with Apple).

And when a know-how as highly effective as AI comes alongside, individuals have two choices: use it for good; or use it for evil.

To date, we’ve seen a little bit of each within the crypto area.

For instance, AI has been used to find bugs in sensible contracts that might have been exploited for tens of millions of {dollars} if found by the incorrect individuals.

(That’s a use case for good).

However, AI has additionally been guilty for issues like deepfake movies of individuals comparable to former Singaporean Prime Minister, Lee Hsien Loong, who pleaded with viewers to join an funding product that claimed to have assured returns.

(That’s a use case for evil).

The humorous factor is that blockchain know-how is just about completely positioned to counter deepfakes.

At its core, blockchain know-how is solely an immutable ledger – whether or not for tokens (which pockets purchased what, and what occurred to it?) or for media (who created that video and when).

As AI continues to develop and evolve, as an alternative of creating blockchain know-how out of date (as it could do with another applied sciences), blockchain know-how might in actual fact grow to be a significant a part of authentication for digital belongings.

(Consider the applied sciences as Batman and Robin, not Batman and the Joker).



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