In a recent
On November 27, Binance’s former CEO stated that artificial intelligence tagging could be well suited for on-chain use, given how it could help speed up the crypto payment process and remove unnecessary bias.
“AI tagging (or AI data in general) is well suited to be done on-chain. Leverage cheap labor worldwide without geographic bias, (micro)pay them immediately in crypto,” CZ said, adding that Binance solution BNB(BNB) Greenfield already has the capacity for AI data integration.
“More tools need to be built. Let’s build them,” he continues.
AI tagging (or AI data in general) is well suited to be done on-chain. Utilize cheap labor worldwide without geographical bias, (micro)pay them immediately in crypto. @BNBCHAIN Greenfield provides the storage capacity. More tools still need to be built. Let’s build them.
— CZ
BNB (@cz_binance) November 27, 2024
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In a separate post, CZ responds to Zignaly co-founder Abdul Rafay Gadit’s comment asking if he has any recommended reading to learn more about how AI can be applied to blockchains, saying there hasn’t been much research into the field that combines AI. and crypto chains because it is a relatively new innovation.
“It’s so new that there isn’t much literature. I tried to learn by talking to founders and developers in the room,” said CZ.
Over the past year, many AI-powered innovations have made waves in the crypto world. Most notably with the creation of Truth Terminal, an AI bot obsessed with internet memes that has spawned a collection of viral meme coins including GOAT(GOAT) and FARTCOIN. Both coins have seen their market capitalization rise to one hundred million in a short time.
There was also flavia, an AI-managed token based on an artificial internet persona created by Trevor McFedries, co-founder and CEO of tech company Brud, a transmedia company that produces digital personas.
In the field of blockchain integration, blockchain protocol Injective has unveiled a new software development kit that allows users to create their own on-chain AI agents, called iAgent. The AI-powered tool can leverage natural language processing for payments and transactions, and automate user interactions with databases, APIs and applications.
In his first public interview after being released from prison, CZ expressed his desire to use his time as a free man to learn more about burgeoning innovations in the crypto space, especially artificial intelligence.
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