Blockchain
TRON DAO Establishes Artificial Intelligence Development Fund
Geneva, Switzerland–(Newsfile Corp. – February 8, 2023) – TRON DAO is encouraging the blending of artificial intelligence technology with blockchain technology, announcing last week the establishment of a $100M USD Artificial Intelligence Development Fund.
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Four areas of focus have been initially identified: A.I. Service Payment Platform, A.I. Infused Oracles, A.I. Informed Investment Management Services, and A.I. Generated Content. However, innovators and developers whose imaginations arrive at further use cases should absolutely consider applying for funding and pitching their unique ideas, as well.
A.I. Service Payment Platform
TRON’s industry-leading decentralized financial infrastructure is ripe for A.I. infusion, as it will enable self-learning, on-the-go, adaptable capabilities in all aspects of decentralized commerce, including:
- Smart contract creation and deployment
- Payment layer protocols
- A.I. payment gateways
- Currency settlement
A.I. utility will provide the opportunity for automated revenue generation and expedited digital commerce strengthened by A.I. analysis and adaptability for the developers who integrate A.I. tools into their decentralized applications.
A.I. Oracle
TRON’s expeditious, efficient, and inexpensive blockchain network, along with its data-focused Layer2 blockchain, the BitTorrent Chain, are perfectly oriented for A.I. integration, as its fully decentralized file storage system (BTFS) is leveraged to achieve management of data in decentralized, adaptable, intelligent ways. Decentralized data management is a differentiating factor from almost all other blockchains using centralized data storage and oracle services. A.I. will strengthen the performance of all things data related, including underlying calling SDKs and API communication. Developers will be able to build in automated adjustments for optimized user experiences and dApp data transactions, because of the insightful, real-time analysis A.I. tools will provide.
A.I. enhanced oracles will make the creation of a new, decentralized, intelligent financial ecosystem possible.
A.I. Informed Investment Management Services
Using A.I. technology, investment management services in the TRON ecosystem will be able to:
- Create more complex and intelligent trading algorithms
- Analyze market trends in real-time
- Discover even more advanced and dynamic strategies
- Make more insightful investment decisions
In addition, DeFi lending platforms will be able to more accurately predict the direction of various assets as well as the balance between user assets and liabilities, thereby reducing the risk of default and improving the utilization rate of funds. As A.I. processes what it’s learning from day to day and month to month, it will be able to strengthen assessment capabilities and thus identify potential loopholes in certain smart contracts or other security risks based on blockchain financial transactions. A.I. will also enhance on-chain investing as it informs analysis, learns market trends, then writes smarter smart contracts that automate trading, in theory leading to better returns.
The blending of blockchain technology with artificial intelligence services will supercharge the way developers build a decentralized financial future and will increase the stabilization of how users experience Web3 commerce and community.
A.I. Generated Content
Integrating A.I. tools into content generation will increase efficiency and allow for on-the-go user research to inform creators and developers of market wants and needs. A.I. will enhance NFT utilization by constantly learning advanced ways to create as well as utilize NFTs, leading to unprecedented industry disruptions. A.I. infusion for users in NFT creation, storage, verification, transacting, and transferring along with NFT evaluation and analysis will empower the NFT use cases of the future.
Casting Vision
H.E. Justin Sun, founder of TRON and Ambassador of Grenada to the World Trade Organization, tweeted on Monday, February 6, 2023, a thread that spelled out how A.I. integration will strengthen the entire TRON Ecosystem.
The hope of the initiative is that developers are inspired to use A.I. in current as well as future applications built on the TRON blockchain, both in the back end and front end of development, AND that they apply for grants from the TRON Artificial Intelligence Development Fund to help them do so.
About TRON DAO
TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.
TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum
Media Contact
Hayward Wong
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/154081
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Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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