In this engaging discussion, Catherine Daly, an expert in simplifying complex tech topics, shares insights on the rise of AI agents and cryptocurrency trading bots. The conversation highlights Microsoft's aggressive investment in AI through its M12 VC arm and the innovative partnership with Chainlink. They explore practical applications of AI and blockchain in finance and healthcare, while tackling the evolving landscape of enterprise engagement with blockchain technology and its significance in political contexts as candidates adopt crypto to connect with voters.
The podcast emphasizes the crucial role of real-time data access in enhancing smart contracts for advanced decentralized finance applications.
It highlights the collaborative partnerships, like that with Chainlink, which are essential for bridging AI functionalities and blockchain technology.
Deep dives
Advancements in Smart Contracts and AI Integration
The development of smart contracts has been significantly limited by their lack of access to real-time data, which has led to initiatives aimed at enhancing their capabilities. A major focus is to enable smart contracts to query both on-chain data and off-chain data in a verifiable fashion, leading to more sophisticated decentralized finance (DeFi) applications. This approach involves partnerships with leading entities such as Chainlink, which has been pivotal in providing data access, and the introduction of patented technologies designed to enhance data trustworthiness. The intersection of AI and blockchain is also a priority, as AI agents like trading and liquidation bots require reliable data inputs to function effectively.
Collaborations and Practical Use Cases
The partnership with Theoric, a project geared towards building on-chain agents, showcases how collaborative efforts can foster innovative applications of AI and blockchain. Through this relationship, a chatbot was developed that allows users to easily access and review various data sources. This reciprocal exchange not only helps in enhancing user interaction but also ensures that the agents are equipped with high-quality data to enhance their functionalities. Such partnerships highlight the importance of cooperative strategies in bridging the gap between AI capabilities and blockchain's decentralized framework.
Future Potential of AI-Driven Blockchain Services
The integration of AI and blockchain is expected to unlock numerous opportunities in the coming years, particularly in creating personal AI agents that can manage online transactions more efficiently. The potential for these agents to procure services using cryptocurrencies rather than traditional banking methods illustrates a shift toward streamlined processes in financial transactions. This will require access to thorough historical data and real-time information to facilitate secure transactions, showcasing the critical role data plays in these emerging technologies. Overall, the focus on enhancing the interplay between AI and blockchain paves the way for innovative applications across various industries, emphasizing the growing relevance of these technologies.
Then check out our latest talk with Catherine Daly from Space and Time at the Genzio Media House! Cat always does an incredible job at communicating technical topics in layman's terms.
We explore:
➾ The rise of AI agents, trading bots, & liquidation bots
➾ Aggressive push into AI from Microsoft's M12 VC arm
➾ Partnership with Chainlink and the Chainlink Build Program
Hosts: Avi Mash (@AviNMash)
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