Bitcoin Forum

Will it be possible for the future projects in blockchain and for bitcoin to involve Artificial Intelligence in its working for increased efficiency? And will the use of AI be even useful or possible?

Yes why not? AI is the most efficient technology of the present and so is the bitcoin. We can transform the blockchain network by implementing AI and it will have power beyond imagination. 

But AI is the very new technology and implementing it can hold its threats. We do not even know the limits to AI. What if it only degrades blockchain network and bitcoin?

You might be correct but what if AI revolutionize the blockchain network and evolves new implications and security for Bitcoins? The possibilities are unlimited. We yet not know. So why not hope for the best?

Of course! If I'm not mistaken, such technologies already exist. In my opinion mana coin uses blockchain-based AI, correct if I'm confused.

Why not? Blockchain is just a base on which you can do whatever you want, so AI can be used on the blockchain.

A good point though. We are looking for the best in every thing so are we looking for the great out of Artificial Intelligence!

Yes it is AI based blockchain network. I just read it here https://coincentral.com/decentraland-mana-beginners-guide/

So new projects based on AI in blockchain will make their way to the market soon. We hope AI inspires all.

nothing is impossible, everything can be done with creative human hands
blockchain and AI are well-known, this kind of implementation is of course always awaiting the crypto community, but because ICO is not good, the possibility of funding this time is very difficult
almost every day, there were only 20 ICOs, and of course that made investors confused

This is what we are experiencing in this curreny industrial revolution.
The factors combining to bring this revolution are Blockchain, Artificial Intelligence,
Internet of things, Quantum computing and 3D printing among other things, so yes
it will happen.

Of course! I think the combination of these two will really create such huge impact for project's efficiency and its overall success. Btw, it's not just bitcoin, there are still other cryptocurrencies that we can use. I'm looking forward for the successes of those projects who are already implementing this. 8)

It means people show acceptance to projects that involve AI in their blockchain framework. But for that a good strong ICO is needed.

Will this all somehow effect the existence of bitcoins overall or will bitcoins remain unchanged?

i would love to see how that would work but so far i have been disappointed on every turn! we have already seen at least 50 different projects (mostly ICO shitcoins) claim they are doing something with "Artificial Intelligence" but in reality when i checked each of their projects i saw that there is no difference between them and any other shitcoin out there. they just used some keyword to hype things up!

wow! if it is true, it will be great, cooler :o

This might be the case. Delta is launching its project that is AI based blockchain content platform. I'm sure it won't disappoint you. Give its whitepaper a look https://docs.google.com/document/d/1L5E8RsP8epCKeeBBuFqgHQ5KRhtEeeys0hQ0IecJs-Y/edit#
You may also join delta's telegram account for detailed info: https://t.me/delta_project

What kind of AI implementation that can degrade the Blockchain network? that risk will occur if you connect AI with the network, but how will you connect the AI and Blockchain networks?, and what are the benefits? please give a sample case so I can imagine it

There are some projects that use blockchain and ai together.

However we still don't know their limits. Computer scientists work on it, relax  ;D

Yes technology is fast now and we can compare both like artificial Intelligence and blockchain technology because here many machines will be used for managing blockchain and for now the best way to promote crypto is to make ways for using of crypto.

Yes it is true and Project Delta is also one of them. Here is the link to the white paper: https://docs.google.com/document/d/1L5E8RsP8epCKeeBBuFqgHQ5KRhtEeeys0hQ0IecJs-Y/edit#
and this is the link to the telegram account: https://t.me/delta_project

Yes I have an example for you to understand how this is possible. This link is to the white paper of the project that is a great example: https://docs.google.com/document/d/1L5E8RsP8epCKeeBBuFqgHQ5KRhtEeeys0hQ0IecJs-Y/edit#

So then can we use cryptos on the blockchain based AI platform technology, right?

This is already happening you can check a project called cryptomagz in bitcointalk.org this project will incorporate AI into their blockchain for perfect operations. It will be a massive application joining AI and blockchain to work together the speed and accuracy will be rival to none in the industry.

Ahan so there are a number of different active projects on AI currently in the market.

Yes, of course, Artificial intelligence and blockchain can be used together. AI can manage blockchains more efficiently than humans or conventional computers.

Blockchain has long been closely associated with the technology of the Internet of things (IoT). Now it is increasingly mentioned in the environment of artificial intelligence. I think that after a while there will hardly be an industry in which the use of AI will not be considered.

I think its possible. If blockchain and Artificial Intelligent can combine, more data can be secured and more cost can be saved. Blockchain already proven technology and AI will give maximum result

Obviously! Blockchain is not ever limited to bitcoins only. Blockchain can involve any new technology and evolve. Why would this not be possible in a world full of possibilities.

Thanks but I can't read this stack of paper now because I'm a bit busy, maybe next time I will read and give my opinion about it

And this means people will surely accept blockchain based projects that are working on Artificial Intelligence.

Everything can be used with blockchain but what hte improvements this give to the field.
I dont see any usability of blockchain in AI.
But UBEX is project AI on blockchain, you can learn more about it on their topics

Yes right. AI will soon be closely related to blockchain and we will see the projects involving AI coming soon.

Any new improved technologies are necessary in order for the blockchain transaction to be speed up and more secured.We all knows that the blockchain needs more improvement in which it will favor the transaction speed of Bitcoin so i think if the two technologies will be combine then Bitcoin transactions might become an instant.

By definition artificial intelligence is something that keeps evolving based on single algorithm and mathematically expression. Evolving here means, it keeps learning new solutions to the same question and from the solutions to evolves more solutions and so on. I guess this creates a formula which is never ending and can go to infinity. How does it will help in the Blockchain ? I guess its major role will be payed in the mining operations that confirms the blocks and adds up into he blockchain. It may happen that this process will become far easier and self sustaining over the time if AI is used someway. Also, it may help blockchain to get even more stronger in terms of its security and interactive protocols. There are endless possibilities when it comes down to the AI.

Is it possible to use something immutable like blockchain in the Intelligence modelling?

Yes right. The emergence of blockchain technology has led the global tech community to rethink the governance and ecosystem of current online platform businesses such as internet search, social media, on-demand services, and others.

there are so many project already implementing artificial intelligent and blockchain technology. AI involve large data set which can be processed more effectively by using blockchain technology. some blockchain based crowdworking platform that work in manual validation of AI data set also use blockchain technology to access the  efficiency and effectiveness of data set which was labelled by crowdworkers so the use of AI and blockchain technology is no more new. project such as DBrain, VelixID and many others are using it

This is another good idea for implementation of AI in blockchain. It can outperform the current mining techniques.

At present, a large number of projects based on the blockchain have introduced an artificial intelligence system.

technologies nowadays are the result of artificial intelligence such as robotics.Blockchain is the product of a series of blocks which holds a number of datas in a series.The combination of artificial intelligence and blockchain may result for a much higher security features and stability for each users.

an AI project is a very good and applicable technology for many fields if it later adopts blockchain for the network from AI it will be more sophisticated and good, it is inconceivable when this technology really materializes

Thus most of us believe that AI has high implications in blockchain technology and it will upgrade the efficiency and effectiveness of the blockchain system.

Yes. It has great applications in health, finance, advertising. In fact many projects are using the solution presently. I know of Ubex which seeks to combine artificial intelligence and block chain to improve programmatic advertising.

There's already a few projects that are looking to blend AI and blockchain together, the first one is the famous SingularityNET, but if you take a look at the recent ICOs, nearly every single one is using AI as a buzzword to try and grab more sales. From automated trading tools, signals production and market analysis. However, the vast majority of this will be vaporware as integrating two emerging fields like this, where neither are ready for primetime will have subpar results at best.

I wondered that if there is somewhere very smart trader programmer or team of programmers who made a bot on the basis of neural network and launched it to learn and analis from the old market data and now this system, with a very high chance, on the basis of the current market data, buys and sells almost always with profit.

not only AI but Blockchain can also be used together with, Drones, Internet of Thing, Game, and other. just look at so many ICOs or ITOs that appear at this moment, their concept is to combine Blockchain with these various things including AI...

Yes.  Both can used together to achieve  for a specific purpose

Yes, AI and blockchain do complement each. AI is about handling large amounts of data, right? And blockchain is about a decentralized database that can emphasize the importance of data sharing between networks or clients. The two technologies can then create verifiable databases that can detect any faults or irregularities in the data supply chain. This means improved business date models, more transparent governance, globalized verification systems and overall smarter finance sector.

Without a doubt, artificial intelligence will handle block chains in the future. At the moment there are bots in all the social networks and in many cryptocurrencies and in the financial markets of the world that handle the world economy and also there are already in bitcoin only that it is already identify arificial intelligence is already working in many companies of the world's technology its use can benefit us in some industries but in others it can harm us and lead us to a chaos in the world since the machines do not have moral feelings or humanity therefore we must have in which fields of our lives we place them

I think there are so many projects that have developed integration between AI and blockchain, i think you might miss the information about ICO projects that use it

In the future everything is possible it could be done with the proper government provision but personally i do not agree with artificial intelligence because for one it lessen the possibilities for human beings it could be used against the people for the few powerful individuals who has the control over it. If this is merge together artificial technology and blockchain the system itself is already tainted.

In the very near future, artificial intelligence will be unavoidable in any human action especially its connection with blockchain technology.
Those things will happen before we can imagine. So welcome to the future!

You can use together whatever you want, just make sure that it fits the situation and you perfectly understand the technologies you are working with, otherwise you will be just chasing the hype and will fail to produce anything meaningful. If a technology is new and praised by everyone, it doesn't mean it's perfect and should be used everywhere, such technologies tend to be raw, misunderstood and have flaws. Dotcom bubble is a great example how people wasted tons of money by being overly excited about a new technology.

Yes it can and couple of projects have already been using it to facilitate their aims and objectives. No doubt that AI is a new technology that is yet to be full harnessed to understand the Pros and Cons but I feel it will aid the course of a digiatlised world.

AI is the result of new and sophisticated technology and I am sure AI can go hand in hand and complement each other with blockhcain technology

I think it's very possible and everyone is racing towards achieving it. It would be considered as a blockchain 4.0. Just imagine the impact of two greatest invention of our era.

Yes right. AI is a new technology and its implementation will not be right in every project as it might have its drawbacks.

Of course it is possible. Artificial Intelligence is the most efficient technology of now a days and so it is the bitcoin. Blockchain network can transform by implementing Artificial Intelligence and it will have power beyond imagination.

Hence we must realize the importance of implementation of AI in blockchain and bitcoins.

Oh yes absolutely as long as there is enough programming of security measures on the AI. I think, first of all, AIs will make our lives a lot easier and it will make our blockchains unhackable  in my opinion.

But is it not possible for an AI to hack into another AI?

But that imagination can be scary. Imagine if AI develops itself on its own and takes over blockchain. Added to that, I really disagree with the implementation of AI to blockchain network. We do not know what will happen with the technological development. Stephen said that the Artificial Intelligence can lead humanity to its own destruction. But if humans are capable of controlling the Ai properly, then I think the blockchain can survive.

Experimentation can lead to unknown outcomes. But that's the only way to see whether AI is implementable in blockchain or not!

So the idea of AI working with blockchain is highly efficient and the outcomes will be great as well.

Yes of course but I think artificial inteligence can also be risky as it might create it's own program to counter human intervention. I am actually watching some videos on youtube just recently and AI robots has weird thinking about the future as they say they will dominate  or something like they don't depend on humans. So, my point is this, if that happens blockchain technology combined with artificial technology could be something that we have to think twice before it's too late. It could steal our Bitcoin funds in some ways. Those videos might be a hoax but that might be possible to happen in the future.

Those 2 are new and best technology nowadays, one day it can be used together in the future.
I think that will be a very nice thing, and no more people are needed to do something to be done

I do not know if they can work together, but there are a lot of projects working on this. Obviously in the future artificial intelligence can develop rapidly. We believe that Blockchain is evolving. If the two come together to work together, the resulting synergy makes a technological difference.

This means the projects that are working on AI and blockchain together might not all be successful because we are still not sure of this combination!

What do you guys think about this then?

https://www.youtube.com/watch?v=VnzLxyVXiz8

Just when we're talking about AI, this interview came up.

AI can be great but it was Elon Musk saids that we have to control AI and not let AI control us
the thing about AI is that if you combine this with the blockchain technology then this will be a great innovation in the community but the fact that AI can be corrupted or something this will led to some leakage or something worst.

of course most common feedback you get after submitting a comment or complain comes from Al or bot since they are program together so they could automatically answer some most common issue going around with their group but it has a limit unlike how will an actual people will answer your concern.

 Yes it is possible. AI and encryption work very well together and it will take cryptocurrency to an unimaginable height. When AI is integrated with bitcoin that will give a decentralized artificial intelligence

I do not know if these two can be together. If an AI becomes sophisticated enough, can it not be a threat to blockchain? It may become intelligent enough to break the blockchain and hack it.

You may be right but what if AI completely revolutionizes blockchain networking and bitcoins' efficiency.

It is undeniable that that AI and blockchain are two of the major technologies that are catalyzing the pace of innovation and introducing radical shifts in every industry. Each technology has its own degree of technical complexity as well as business implications but the joint use of the two may be able to redesign the entire technological (and human) paradigm from scratch.Imagine joining them together? It will be a blast!

Of course it can! it will be very useful for blockchain if they use the easyness of Artificial Intelligences system.

Can it then be any destructive as many people claim it will be?

The biggest reason for the revolution in AI is the advancements in big data. With the recent developments in big data have allowed businesses to organize a large amount of data into structured components which can be processed by the computers very quickly.

I believe since AI is a new technology the usage should be subject to intense testing in other to prove it capability to work perfectly with blockchain since the blockchain technology is also a new technology. And Artificial intelligence will work perfectly well along with blockchain if only it usages are scrutinized perfectly and professionally.

Yes why not,AI has plenty to bring to the table in terms of security .AI is the most efficient technology of the present and so is the bitcoin. We can transform the blockchain network by implementing AI and it will have power beyond imagination.

So if there are any minor mistakes then the whole system can collapse due to the wrong implementation of AI.

Exactly! So do you think these both technologies could work in harmony with each other and conceal each other's flaw?Thanks for the comment though.

First, let us get a brief idea about what is AI and Blockchain.
 
AI refers to Artificial Intelligence, which is also called Machine Intelligence (MI). AI is intelligence demonstrated by machine in contrast to Natural Intelligence (NI) which is seen in humans and animals.
The term artificial intelligence is applied when a machine copies “cognitive” functions that human relate with other humans mind, such as “learning” and “solving problems”.
 
From the functions of speech-pattern recognition to self-driving cars, AIs’ goal is to learn and apply knowledge that is extracted from a large amount of data to make them more intelligent.
According to Don & Alex Tapscott, authors Blockchain Revolution,“The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.”
Blockchains’ main features consist of transparency, security, and authentication. Wherein the records are transparent and visible publicly, it is secure as the data is immutable or incorruptible and authenticity refers to the verification process of the user’s identity.
 
HOW CAN AI COVER BLOCKCHAINS FLAWS?
 
The blockchain is concerned with keeping correct data, authentication, and execution. Even though Blockchain is powerful it has its own limitations. Some of which are technical and others are inherited from the old minded culture of the financial services sector. The few things in which AI can cover up blockchains flaws are:
 
1. Energy consumption
One of the terms in blockchain is mining. Mining is a tough job and consumes a huge amount of energy to complete the task. In optimizing energy consumption, AI has proven to be very efficient. If we see that efficiency, it can even help the blockchain in optimizing the energy. This would help in lower investment in mining hardware.
 
2. Security
The blockchain is next to impossible to hack, however, as we go deeper, the layers and applications are not that secure.  AI has been progressing at a good pace from last two years. AI can be of help to blockchain to guarantee a secure application deployment, mainly given the fixed structure of the system.
 
3. Efficiency
In 2016, Deloitte estimated a total cost of $600 million for validating and sharing transactions on the blockchain.  An intelligent system might be of assistance here. It can compute on the fly the likelihood for particular nodes to be the first performing a certain task and informing the other miners to shut down efforts for the certain transaction and eventually cut down on total cost.
 
HOW CAN BLOCKCHAIN COVER UP AI’s FLAWS
 
1. Can Help AI to Explain Itself
AI black-box suffers from explainability problem. it cannot explain itself. Having a clear trail will increase the trustworthiness of the data and the models. It will also help to trace the machines decision-making process. So, if you are not convinced about any decision is taken by the machine you can have a look at the process yourself and evaluate it.
 
2. Increase AI effectiveness:
AI works better when it has more data to analyze. So, a secure data sharing means more data, which means more models, more models result in better actions – better results and better new data. The network effect is all that matter at the end of the day.
 
3. Reduce catastrophic risks scenario
An AI coded in a DAO with specific smart contracts will be able to only perform those actions, and nothing more. There won’t be additional actions taken,  whatever is specified will be brought into action.
https://www.digixhub.com/ (https://www.digixhub.com/)

Yes, this is definitely possible. The blockchain can be used in artificial intelligence apps for entering the data into the systems and obtaining the results. This will guarantee the accuracy of data. Blockchain can also establish a marketplace for AI systems. The blockchain technology can eliminate the barriers to entry in this field for the small scale players by reducing the competitive advantage available to technological giants.

Artificial Intelligence and Blockchain technology are two different things and their merging has really helped the ecosystem. Projects which merges the two has become successful and I think they are good to go together.

Can you name such projects for reference?

Now many projects in the field of artificial intelligence are launched in conjunction with the blockchain. This is one of the most relevant topics. The fact is that artificial intelligence is a long-term project.

Artificial intelligence is one of the advances in science that can be applied to everyday life. Especially in the automotive or computer industry. I think artificial intelligence can work with blockchain technology in working on sustainable projects. One example in the automotive industry that includes thousands of goods into cars. Blockchain is here as a divider circuit coordinator so that at the same time all servers in the industry have accurate, robotically controlled data.

Both artificial intelligence and blockchain can be used together. Both operate in a different way and can be fused together to achieve a common goal in the advancement of a particular targeted project.

Since I joined the cryptocurrency world, projects that emerges Artificial Intelligence with Blockchain technology always comes out being successful so it wont be a news to me when they are used together. This is really a better pair and I personally like it.

Creative humans can create anything with their capabilities, including inserting Artificial Intelligence into their blockchain for perfect operation. This will be a great application that combines Artificial Intelligence and blockchain to work together, speed and accuracy that will compete with other industries.

I think it is possible to combine artificial intelligence and blockchain in today's technology very well, if it helps humanity why not develop it for tomorrow.

Yes definitely, as a matter of fact, there are some ico projects that has already has this kind of concept and i guess it would be very promising in the future.

Here's how I see it. The application of blockchain to AI would be so that the coding is decentralized across multiple servers and the AI won't be tied down to just one brain per se. If one server shuts down, the AI would still be functional since it's on the cloud. Kind of terrifying actually.

blockchain and AI are two different technology and of course in future both will be used together and both technology have the potential to become even more revolutionary when put together. Both serve to enhance the capabilities of the other, while also offering opportunities for better oversight and accountability.

Interesting question. I think this is not a problem. Even in my opinion, when artificial intelligence reaches get into the mass business, I think they will be really useful for all projects.

Certainly blockchain technology and artificial intelligence can be combined.The knowledge on blockchain technology is on the rise at the moment. There are already projects that are combining artificial intelligence and blockchain technology.

This Forbes article (https://www.forbes.com/sites/bernardmarr/2018/03/02/artificial-intelligence-and-blockchain-3-major-benefits-of-combining-these-two-mega-trends/#6536056d4b44) presents a valuable benefits when you combine artificial intelligence and blockchain together, such as the following: AI and blockchain and data security, and the fact that AI can manage blockchains more efficiently than humans. I highly suggest you read this as it will give us a peek of why AI and the blockchain technology can be good together.

Why not? I think artificial intelligence will help us develop Blockchain technology in a good way, pulling the distance between us and the people. I think if we can achieve the whole world is known from health care to finance, improve the quality of human life.

There are so many people claiming that AI and Blockchain are the future, but they don't necessarily need to combine into one single thing. You can have two seperate trailblazing industries that don't hardly overlap, for example you can see massive advances in solar panels lately, but they don't overlap with the huge changes we have also seen in ceramic manufacturing. ICOs just use all the buzz words they can to grab easily impressed investors.

Try to visit the AltCoin section of this forum and you will see some projects that combine Artificial Intelligence and Blockchain technology together. 8)

There are a lot of Artificial Intelligence + Blockchain projects combined together that are sprouting all over the crypto realm and they are all having an Initial Coin Offering or what we call Fund Raising in short. ;D
There are some projects using AI and Blockchain together for advertisement purposes and there are some using this kind of method for pharmaceutical purposes and there are a lot more projects out there that combine this two kinds of technology together to make work and life easier than ever.

Blockchain is a technology to facilitate human work as well as AI which will also facilitate all human work such as making robots and replacing human work. Surely, these two technologies can co-exist and complement each other and it is certain that blockchain and AI are needed for human life in the future.

But of course, Artificial Intelligence and Blockchain can be used together.

In fact, recent studies shown that AI and blockchain can be an outstanding partner.  With the blockchain's immutability, decentralization and transparency, AI can be utilized much much better.

With the aforementioned attributes of blockchain, AI can be more efficient and reliable as it is basing its acquired knowledge from a set of data that does not change (immutability). Then the decentralization will allow access to AIs to virtually everything on the blockchain without restrictions (transparency). And of course AI will always have the data it needs since data is widely available (and remains the same all through out irrespective of its origin)  since no one has central control over these data (decentralization).

As far I know it is possible because blockchain is a very upgrade technology and on which we can run almost everything.

Yes, it is possible and as far I know there is already this kind of technology running and blockchain can run this kind of thing easily.

Yes, both of them can easily run together without facing any problem and as far I know this kind of technology are already running.

If the program of intelligence will be able to digest all the information blockage, then it would be great.

Artificial intelligence and the blockchain are a perfect combination. The use of the duo will give birth to more projects that cannot be performed by the humans

I think in the future we will definitely see it. This will help cope with a lot of problems.

At present, for the combination of AI and blockchain, many related projects and theoretical innovations have emerged on the market, describing the combination of different scenarios, such as: blockchain + AI in medical integration, blockchain + AI in data market combination, but it is still in the initial stage of development, and “blockchain+AI” faces two major problems:
1. The shortcomings of AI and the blockchain itself cannot be effectively solved after the combination.
2. The combination of AI and blockchain may cause the original advantage to be destroyed.

Though it may be possible to integrate artificial intelligence  into blockchain to ensure speed and efficiency. I have not seen any functional blockchain oriented artificial intelligent platform. We have some that were running ICO.

That is true. Since AI needs a bunch of data for it to learn behavior, it would be better if the system become decentralized.

Yes. you can check out Tatau for example, or few other blockchain companies that combine between AI and Blockchain.

It's a lot of buzzwords in the same sentence btw  ;D

Yes.AI and block chain together will beat anything!

I think, of course, artificial intelligence can be used together with blockchainchain. If I'm not mistaken, I even met similar projects. Unfortunately I can not remember how they were called.

Can you quote any of them?

But don't you think AI works on bulk of data, and decentralizing will lead to even more data pouring in ,thus making machine more intelligent!

It is technological or rather computer era. Nothing is now impossible for computers or machine. AI robots are now created on so many companies in different countries specially in Japan and US. If that knowledge is brought into something probably it is a world changer. For me it is very near that AI technology will be partnered into blockchain for more security purposes.

Yes of course we can use AI together with blockchain , that is so possible and happening right now in Builders.engineer.ai , the human assisted AI software development platform.

Yes ofcourse! And i believe it is using rright now. I have seen many ICO's which about the Artifical Intelligence and i am sure there will be lot of more to come.

AdHive, savedroid and aXpire the bigeest one i believe.

You can check here the list of   Artifical Intelligence ICO's: https://medium.com/applicature/top-icos-in-the-field-of-artificial-intelligence-bee5b79d2139