In the blockchain AI is sweeping

Author: Brother Octopus, Gyro Finance

As large language models such as ChatGPT enter people's daily life overwhelmingly, the future development of AI has also aroused people's countless imaginations. There has been a wave of AI boom in the world, and the blockchain will inevitably not be affected by AI. Related concept generations Coins and projects have been mentioned to varying degrees.

As technologies that can change the rules of the current "game", blockchain and AI have the potential to completely change the entire world. The blockchain is famous for its security and decentralization, and the big language model born by AI has already shocked people. Although these two technologies may seem unrelated at first glance, they complement and reinforce each other after colliding, revealing unique and surprising synergies.

**From enhanced trust verification to improved collaboration and data sharing, to the use cases of algorithm fusion, the combination of blockchain and AI provides a series of benefits that can help enterprises and individuals. **

For now, the combination of blockchain and AI will give birth to an automated intelligent decision-making system that outputs very reliable results and triggers operations in the real world based on tamper-proof data. The combination of blockchain and AI will also unlock a new business model, improve operational efficiency for enterprises, automatically complete repetitive tasks for individuals, exchange data more securely and efficiently, enhance decision-making processes through AI smart contracts, and improve key infrastructure and trust and transparency in the transaction process. The combination of blockchain and AI will not only benefit traditional business applications, but also extend to other fields. Combining the powerful analysis capabilities of AI with the advantages of blockchain in terms of security and decentralization, it can be applied to various fields such as education, medical care, energy, society, agriculture, and urban planning to better make decisions based on data and improve resource management efficiency.

In this article, we will explore the developmental advancements resulting from blockchain + AI.

01 AI Algorithm Helps Blockchain

The intersection of blockchain and AI algorithms is an exciting new field with the potential to create new applications that are more secure, transparent and efficient. AI algorithms can be used to analyze data stored on the blockchain to identify and make predictions, and blockchain technology in turn ensures data integrity and security. Blockchain technology can serve as a secure and transparent platform to store and share data, which is crucial for AI applications that rely on big data.

At present, AI algorithms are selected according to different application scenarios and fields to achieve the optimal solution. **The continuous breakthrough and innovation of AI algorithm has continuously improved the accuracy and efficiency of the algorithm model, and has been applied in various subdivided fields. **

SingularityNET is a typical case of the specific application of AI algorithms in blockchain. The vision of SingularityNET is to build a decentralized AI platform where various AI algorithms and tools can collaborate and communicate with each other to promote AGI (General Artificial Intelligence). AGI can learn and adapt to new situations as flexibly as humans, and can reason and make decisions autonomously. Although the current AI technology has made great progress, but to achieve true AGI still need to overcome many technical and ethical issues. SingularityNET believes that only by realizing effective collaboration and interconnection among various AI algorithms and tools can the realization of AGI be accelerated and the development of the entire AI field be promoted.

Another case of AI algorithm, Fetch.ai, is an AI application chain built on the basis of Cosmos-SDK. Contracts, intelligent agents and other functions. Fetch.ai has its own AI agent framework and algorithm, which can be applied in different fields and scenarios. Currently, Fetch.ai has built a series of ecological applications based on its own AI technology, such as Resonate (Social+AI Feed), MOBIX (Move to Earn), and Atomix (DeFi protocol). Explore the integration of blockchain applications.

The AI algorithm is integrated into the blockchain project to make it more intelligent. This is the change that AI brings to the blockchain, but at the same time, the characteristics of the blockchain also improve the problems existing in AI.

02 Blockchain improves AI shortcomings

By utilizing blockchain technology to store and share data, AI researchers can ensure that their data is secure, tamper-proof, and accessible only by the parties involved. Additionally, the transparency facilitated by blockchain allows for easy tracking of data access, which provides answers to pressing questions such as data privacy and compliance.

** From a technical standpoint, the decentralized nature of blockchain ensures that no single entity controls data, making it nearly impossible for malicious actors to alter or manipulate information. This is especially valuable in industries such as healthcare, finance, including government, where data privacy and security are paramount. **

As one of the distributed data exchange protocols, Ocean Protocol establishes a decentralized data market for data providers and users, and AI-related developers can exchange data on the platform more safely and reliably. Ocean Protocol adopts a blockchain-based data market model, allowing data owners to publish their datasets to the market, and use smart contracts to control access to and use of data. Ocean Protocol's current partners include not only IBM, Mercedes-Benz and other traditional industry giants, but also many blockchain projects, such as Balancer (DeFi protocol), Cretik (contract audit), SingularityNET, etc. The content of their cooperation includes but is not limited to jointly launching a blockchain-based data market, data sharing, data privacy protection, data analysis and AI applications, etc. Ocean Protocol's development momentum is good, attracting more and more data providers and partners, and also getting more and more recognition and support.

**From a business perspective, blockchain-enhanced trust and verified AI can lead to significant competitive advantages. Trusted and verifiable AI will enable businesses to make smarter decisions, uncover new opportunities and reduce risk. Moreover, blockchain technology also paves the way for new business models based on trust and verification. **

Additionally, blockchain technology can also help businesses comply with regulatory requirements around data privacy and security. Blockchain’s transparency makes it easy to track data access, which could be effective in proving compliance with regulations, helping companies avoid costly fines and legal disputes over collecting and using data to train AI models.

By storing and managing AI's data and algorithms through the blockchain, users can be confident that their data has not been tampered with and that algorithms are performing as expected. When blockchain is used as a data protection mechanism, it can enhance people's trust in AI, enabling businesses and individuals to calmly rely on AI for critical decisions.

03 Conclusion

As time goes on, we will witness the ever-increasing convergence of AI and blockchain, making the relationship between humans and AI more important than ever. In this evolution process, blockchain technology will play a key role.

**AI faces a variety of threats, such as being forced to shut down, data tampering leading to wrong decisions, etc., which may hinder the progress of AI. But blockchain technology can effectively protect AI from these threats. As the intelligence of AI approaches or even surpasses that of humans, the decentralized and transparent nature of the blockchain will protect humans from possible AI slavery. **

We should look at the development of AI and blockchain technology with a more open and inclusive attitude. The synergy between them may bring revolutionary changes to many industries.

It is foreseeable that with the continuous improvement of the technology intersection of the two fields, creative solutions will emerge, thereby stimulating a series of industry transformations, and people are also looking forward to seeing more breakthrough applications of AI+blockchain.