How to bring AI into the Blockchain

Introduction

Artificial Intelligence (AI) is growing rapidly in popularity, and it’s no surprise that Blockchain technology is increasingly being paired with machine learning and other AI techniques to create new applications. While many people think of blockchain as a decentralized ledger for cryptocurrency transactions, we’re starting to see some truly innovative use cases emerge — including ones where AI plays an important role.

In the last few months, I’ve been trying to understand how AI and blockchain technology might work together. The more I read about both subjects, the more excited I get about the possibilities for a new era of computing. But there are challenges ahead in bringing these technologies together. There’s no doubt that AI is coming to our lives in different ways than we’re used to. What will be left when it arrives? Is it all just hype? Or will this change everything we know about technology? In this article, I’ll explore some of the ideas that have led me most deeply into thinking about bringing AI into the world through blockchain technology (and vice versa).

OpenMined

OpenMined is a project that aims to bring AI to the blockchain. It’s the brainchild of Matthew Zeiler, a well-known computer vision researcher and founder of Clarifai; Kimon Zorbas, creator of DeepBrain Chain; and Marc D’Souza, professor at UC Berkeley and adjunct faculty at Singularity University. OpenMined is also supported by some major players in the AI research community such as Yoshua Bengio (one of the fathers of deep learning), Yann LeCun (another leading figure behind deep learning) and Federico Faggin (the inventor of microprocessor).

OpenMined is a community consisting of scientists, engineers and developers who want to make AI more open, secure and beneficial for everyone. In other words: they want to build something similar to what Ethereum did for blockchains: A platform where anyone can easily access this emerging technology without having extensive knowledge about it beforehand.

SingularityNet

SingularityNet is an open-source protocol and collection of smart contracts for a decentralized market of coordinated AI services. The network is powered by a cryptocurrency called AGI (Artificial General Intelligence), with which AI service providers can be paid for their work.

SingularityNET was founded in 2017 by Dr. Ben Goertzel, CEO and Chief Scientist at Hanson Robotics.

A means to govern

It’s also possible that AI will be used to govern the blockchain. Many blockchains are open, meaning that anyone can join the network and participate in it. This is a big deal for privacy advocates, but it’s also a problem because there’s no way of controlling who joins or what they do once they’re on board.

AI could help here by making decisions about which transactions should be allowed onto the ledger and which shouldn’t. It could also be used as part of an identity verification system for new users joining this network (i.e., “You’ve been approved to join this blockchain! Don’t attempt any fraudulent activities”).

But what about other types of decision-making? You might think that those decisions would be better left up to humans — after all, we have brains! But what if those humans’ minds aren’t quite as fast as machines? As we’ll see later in this article…

The coming AI infrastructure

As the world moves towards smart contracts and blockchain, the role of AI will be an important one. With all of these systems coming together, there is a lot of work to be done to make sure they are able to interact with each other efficiently. This means that anyone who is looking at bringing AI into their blockchain project needs to think about how they will build it in. They should also consider what kind of data they want or need from their users before they start building anything out.

AI technology is coming. We can use the blockchain to bring it into our lives in positive ways.

The way you’ve used the internet has changed dramatically over the years. It’s not just a place where you can buy things, it’s also a place where people can share their experiences and interests with each other. The internet is becoming more and more integrated into our lives, which means we will increasingly rely on it for information and entertainment.

AI technology promises to make this experience even better: by using algorithms to learn from people’s behavior, AI will be able to do things faster than humans and with higher accuracy than humans.

In fact, if AI becomes widely adopted in all aspects of life (like driving cars), then jobs that require sitting at a desk all day won’t exist anymore!

AI can combine with Ethereum-based smart contracts to create a new layer of intelligence and automation in the Blockchain.

The Blockchain has been touted as the foundation for a new kind of internet, and with good reason. With its decentralized structure and ability to provide verifiable time-stamped records, Blockchain technology has enabled a new way of storing data that can be accessed by anyone in the world. The technology is still in its infancy though; one of the biggest challenges facing developers today is how to combine this nascent technology into applications that people actually want to use on a daily basis.

AI and smart contracts are two of the most exciting technologies in the Blockchain space right now. AI can be used to automate tasks like data analysis or even provide a layer of intelligence for smart contracts themselves — allowing them to execute more complex instructions than ever before possible!

Smart contracts are key pieces of technology needed for building any type of virtual world (think games or social networks). They allow you as an individual user or company owner/operator access certain things based on certain criteria within your terms & conditions agreement(s). This means no “middleman” needed anymore because everything will be executed automatically when someone tries accessing those types”

Conclusion

With the right combination of AI and Blockchain technologies, we have the potential to bring new levels of efficiency, transparency, and decentralization into every industry. We’re excited to see where this technology takes us!