Cryptocurrency, Blockchain and AI - the present and the future.
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Description
Episode 34 - Cryptocurrency, Blockchain and AI - the present and the future. I need to start off by saying this is not financial advice so if you are looking...
show moreI need to start off by saying this is not financial advice so if you are looking for that this show isn’t for you. The content of this podcast episode is for informational purposes only. The opinions expressed here are not meant to be taken as financial, investment, or any other advice.
This will be a very surface level episode to get your feet wet and in a later episode we’ll take a deeper dive into this topic. Cryptocurrency, blockchain and AI are three of the most talked-about technologies of the 21st century. The intersection of AI, blockchain and cryptocurrency has the potential to revolutionize the way we think about money, technology and computing. AI, or artificial intelligence, is a branch of computer science that deals with creating machines that can think and learn like humans, while cryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central bank with the help of blockchain. And Blockchain is the operation behind cryptocurrency which is an encrypted digital database that stores data in blocks that are linked together on a chain.
One of the biggest questions asked is how will AI, Blockchain, and cryptocurrency work together? The easiest way to think about it is AI can process through a huge amount of data and create newer scenarios and discover patterns based on data behavior. blockchain effectively removes bugs and fraudulent data sets. Together, these technologies can be used to improve security, efficiency, and decentralization in the financial industry all while working together. And cryptocurrency allows digital payments to be used while they all work together. So let's take a look in the episode!
ARTICLE - Forget ChatGPT — an AI-driven investment fund powered by IBM's Watson supercomputer is quietly beating the market by nearly 100%
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