Here’s how the crypto industry is using artificial intelligence

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Exploring the role of AI in crypto: How Web3 projects are using AI technology?

. Based in Austin, the startup Blocktrace aims to leverage artificial intelligence to expedite the blockchain analysis process and facilitate the identification of trends and anomalies.

The company developed an AI chatbot called Robby the Robot, named after the iconic character from the science-fiction film"Forbidden Planet," to interact with data on the Bitcoin blockchain.SingularityNET is a decentralized AI marketplace that uses blockchain technology to provide a platform for AI developers to share and monetize their algorithms.

Developers, by paying with tokens, can access machine-learning-based utilities to train autonomous digital twins and deploy collective intelligence on the network. It helps users perform various tasks, such as data analysis, prediction markets and supply chain management. It aims to create an efficient and autonomous digital economy.Artificial Liquid Intelligence is a platform that operates in a decentralized manner and employs both AI and blockchain technology to establish a data marketplace.

 

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thats great! I hope colexionNFT uses the same as well, they already have a great collection. Empowering it with AI will be a big boom

Better check this AI project, it's gonna be huge 🤩🤩🤩 ConSorSyst_AI $SYST

Build. Keep building.

It's really easy to be cynical, but still it seems that for a vast majority of Crypto + AI projects the 'AI part' is a way to get easier access to funding in current turbulent times. Not saying though, that there are no promising combined applications, but these are scarce.

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