AI in Blockchain 🤖
Miscrosoft Partners with Aptos
Artificial Intelligence and Blockchain are two revolutionary technologies that have been shaping the digital world. Here are a few key updates surrounding the two forms of technology converging together.
Microsoft and Aptos Labs Partnership: Convergence of AI and Blockchain
Microsoft has partnered with Aptos Labs to work on new AI-Blockchain solutions. The collaboration aims to merge AI and Blockchain technologies, as both are considered generational breakthroughs that significantly impact the evolution of the internet and society. The partnership reflects a growing trend of convergence between these two technologies. The collaboration between Microsoft and Aptos Labs focuses on democratizing the use of blockchain, enabling seamless onboarding to Web3, and fostering the development of decentralized applications using AI. Aptos Labs' team of AI experts and Web3 developers are working directly with Microsoft's AI team to integrate AI technology into various elements, including the Aptos Assistant and GitHub.
Cube3.ai: Web3 Security Startup - Machine Learning in Smart Contracts
Cube3.ai, a Web3 security startup, has emerged with $82 million in seed funding. The company uses machine learning and pattern matching to evaluate newly deployed smart contracts for malicious intent. This innovative approach allows decentralized applications and smart contracts to identify and decline exploits as they are proposed. The startup acts like a "guardian angel" watching over contracts, ensuring that they can continue processing legitimate transactions. This new layer of security is vital in the ever-evolving world of decentralized finance (DeFi), where periodic attacks and vulnerabilities are common.
ChatBTC: A New AI Tool for Bitcoin - Introduction and Features
ChatBTC is a new artificial-intelligence chatbot created by Bitcoin development shop Chaincode Labs. Unlike Open AI's ChatGPT product, ChatBTC is less likely to give incorrect answers or "hallucinate." It's designed for people who want high confidence in the quality of responses and the sources of those ideas. Unlike ChatGPT, ChatBTC is not free but is inexpensive to use. Users must pay at least 50 satoshis per prompt, or roughly 1.5 cents per question. This unique payment structure reflects the Bitcoin-focused nature of the tool.
The Future of AI in Blockchain: Enhancing Security, Facilitating Innovation, Educating the Masses
AI in Blockchain is paving the way for enhanced security measures, especially in the DeFi space. Machine learning algorithms can detect fraudulent activities and protect users from potential threats. Collaborations like that between Microsoft and Aptos Labs are fostering innovation, making blockchain technology more accessible and encouraging the development of decentralized applications. Tools like ChatBTC are providing educational resources to onboard people with little or no knowledge about Bitcoin. These initiatives are crucial for mass adoption and understanding of blockchain technology.
Conclusion
The integration of AI with Blockchain is a promising frontier that is already showing significant advancements. From partnerships to startups and educational tools, the synergy between these two technologies is shaping a more secure and innovative digital landscape.
Stay up to date with the latest in AI and Blockchain on the Paul Barron Network Youtube channel:
A.I. Crypto Update 🔥 NVIDIA + Render Network
Sponsored by Chart Prime~ Elevate your Trading Game with Chartprime 30% discount Link ➜ https://bit.ly/3lZvR7M
