Blockchain and AI will improve the world economy

[alani123]

AI was utilized long before blockchains. Frankly, it's not new but I don't think it'd be that of a great fit with blockchain technologies. In terms of being the most robust crypto, bitcoin makes the cut but bockchains outside of it don't have many practical applications proven so far.

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[Legolass]

Bockchain and AI are the solid foundations for human development, and they make a significant contribution to the accomplishment of human comfort and comfort.

[KnightElite]

Since the inception of the blockchain with Bitcoin in 2009, there has been a huge interest from governments, and central banks alike to design their own centralized digital fiat currency for their benefit. Given the security benefits and efficiencies that the blockchain provides, it would be used well in conjunction with AI technology, to transform the global economy in ways we've never thought possible.

As such, there could be a future where everything is managed by AI and the blockchain would serve as the security and settlement layer for any kind of transaction. A one world currency might become a reality where it is backed by all the banks and governments alike. If this happens, then true autonomy would become established enabling everyday devices to operate on their own and "monetize" themselves via the use of a single unified global currency which operates on a blockchain.

Therefore, both the blockchain and AI will have a huge impact in our world economy, and every aspect of our lives as we know it. Of course, this might take quite a few years to happen, but the benefits provided by such technologies would be too hard to ignore.

What are your thoughts about this? Will both Blockchain and AI improve the world's economy? 

It is simply because there are cryptocurrencies who can solve different problems in our economy. It can improve the country's economy because of its vital role in our society. Cryptocurrencies can now considered as medium of exchange because the there are now companies and businesses who accepts cryptocurrencies as payment. 

[andriarto]

Since the inception of the blockchain with Bitcoin in 2009, there has been a huge interest from governments, and central banks alike to design their own centralized digital fiat currency for their benefit. Given the security benefits and efficiencies that the blockchain provides, it would be used well in conjunction with AI technology, to transform the global economy in ways we've never thought possible.

As such, there could be a future where everything is managed by AI and the blockchain would serve as the security and settlement layer for any kind of transaction. A one world currency might become a reality where it is backed by all the banks and governments alike. If this happens, then true autonomy would become established enabling everyday devices to operate on their own and "monetize" themselves via the use of a single unified global currency which operates on a blockchain.

Therefore, both the blockchain and AI will have a huge impact in our world economy, and every aspect of our lives as we know it. Of course, this might take quite a few years to happen, but the benefits provided by such technologies would be too hard to ignore.

What are your thoughts about this? Will both Blockchain and AI improve the world's economy? 

It is simply because there are cryptocurrencies who can solve different problems in our economy. It can improve the country's economy because of its vital role in our society. Cryptocurrencies can now considered as medium of exchange because the there are now companies and businesses who accepts cryptocurrencies as payment. 

to be a means of exchange may still be long in my country, because government's closest goal is to want crypto as a regulated investment tool, but with blockchain, bringing our lives one step further

[LickKing]

Yes, plus 5G network. The birth of new technologies is usually owned by supporters and opponents. In fact, the opponent does not understand the blockchain at all. They think this is a bubble full of scams. They just don't see the future, only a few people can see the future.

[Abiky]

to be a means of exchange may still be long in my country, because government's closest goal is to want crypto as a regulated investment tool, but with blockchain, bringing our lives one step further

Time will come my friend, until all the world's governments realize Bitcoin's true potential. As the pioneer cryptocurrency grows in user adoption and popularity, governments would have no choice but to accept Bitcoin as a legal medium of exchange. Only then, Blockchain can flourish into our society in many ways that were never thought possible. This is largely because, a regulatory-friendly environment for crypto and Blockchain tech would help contribute towards their growth in the mainstream world. On the other hand, AI existed way before Blockchain tech, and has the power to take many decisions that are well-known to mankind today.

If AI becomes successful, then it would easily replace many human jobs worldwide. Then, combined with Blockchain, you'd get a powerful workhorse where nothing could stand in its way. The same way "SkyNet" was virtually unstoppable (in the Terminator movies), the same way would be Blockchain tech combined with AI. And this is only the beginning.

[ufaiz50]

Since the inception of the blockchain with Bitcoin in 2009, there has been a huge interest from governments, and central banks alike to design their own centralized digital fiat currency for their benefit. Given the security benefits and efficiencies that the blockchain provides, it would be used well in conjunction with AI technology, to transform the global economy in ways we've never thought possible.

As such, there could be a future where everything is managed by AI and the blockchain would serve as the security and settlement layer for any kind of transaction. A one world currency might become a reality where it is backed by all the banks and governments alike. If this happens, then true autonomy would become established enabling everyday devices to operate on their own and "monetize" themselves via the use of a single unified global currency which operates on a blockchain.

Therefore, both the blockchain and AI will have a huge impact in our world economy, and every aspect of our lives as we know it. Of course, this might take quite a few years to happen, but the benefits provided by such technologies would be too hard to ignore.

What are your thoughts about this? Will both Blockchain and AI improve the world's economy? 

Then where will the bank benefit? because as we know blockchain and AI technology where all transactions are recorded in the ledger, then what benefits will the bank get? while those who hold cryptocurrency are us and there are no other intermediaries, even many people say cryptocurrncy cannot be taxed and we have no proof of ownership of the crypto that we have if it is lost we cannot report.

[Sadlife]

Yes the blockchain technology has actually become a trend now for institutional and banking investors because they've realize that crypto currency technology is much more secured and fast compared to the old fiat technology. If this continues the world will be in a digital age also the SEC is showing interest in crypto. 2019 might be a good year.

[jobukegoya]

I think that the author of this topic thinks in the right direction. I believe that artificial intelligence has long occupied one of the leading places in the management of world finances - all major markets and trading on them has long been carried out using programs based on artificial intelligence.

Blockchain and artificial intelligence are advanced technologies that are able to solve complex tasks more efficiently, cheaply and safely. In the world of commerce, the use of these technologies will improve the economy of a country so that overall it will improve people's welfare.

[ict]

it would be very good if cooperation between them could be realized. the development of the world economy will be very rapid. and all economic actors will be greatly helped if this currency becomes a global currency. and investors will be very happy if the whole world has used this currency.

[Levious]

The birth of the blockchain will be better able to distribute wealth and targeted help in the future. Now the world economy has entered a period of severe stagflation, and new technologies are needed to change the structure of human society. Otherwise, the realization of the poor will destroy the rules of the game.

[katerinaliisa]

He certainly can. Moreover, blockchain technology can have a positive impact not only on the economy, but also on the political sphere, the sphere of taxation, the legislative part, logistics and many other spheres of human life. That's brilliant. It changes all idea of doing business, tax revenue, sales and purchases etc. When used properly it can bring many benefits to people and the state.

[Abiky]

Yes the blockchain technology has actually become a trend now for institutional and banking investors because they've realize that crypto currency technology is much more secured and fast compared to the old fiat technology. If this continues the world will be in a digital age also the SEC is showing interest in crypto. 2019 might be a good year.

That's certainly true, mate. Blockchain tech has captured the attention of banks and governments worldwide due to the benefits it provides to our society. It not only helps transform our economy, but also healthcare, and many other areas that are important to our society. Both Blockchain tech and AI (especially Blockchain) need a proper regulatory framework to ensure their legitimacy. Once that's done, then governments around the world could start adopting these technologies to bring our world to the modern age. As we all know, technology is advancing quickly, which means that sooner or later, Blockchain and AI will become the trend of the modern world.

While AI is much riskier than Blockchain (if fully developed), it could somehow improve our lives for the better by taking many of the well-known positions from humans today. Then, we would work less, while AI does important decisions for us. On the other hand, Blockchain tech would simply replace the existing banking system, where people would gain sovereignty over their money (but still protected by the government).

Therefore, these technologies are the way of the future, despite what it is said across mainstream media by "fudsters". Just my opinion

[lihongjing]

Yes, this new technological revolution, but because the technology has not yet been applied on a large scale, the current global economy is very bad, and it needs to wait for 10 years of blockchain and artificial intelligence to get people to use it.

[Abiky]

Yes, this new technological revolution, but because the technology has not yet been applied on a large scale, the current global economy is very bad, and it needs to wait for 10 years of blockchain and artificial intelligence to get people to use it.

Exactly. We're still years ahead from seeing this becoming a reality in our world. While Blockchain and AI has taken off massively, they still have a lot to improve upon. The newest technology is Blockchain, while AI has been around at an earlier time. Perhaps, AI would become implemented in our society at a faster rate than Blockchain (although Blockchain is advancing quite fast). What matters most, is that both technologies will be able to play a key part on the future direction of our economy.

Not only that, but they aim to transform many areas of our world, effectively eliminating the middleman and human intervention. If this really takes off, and people adapt to the newest technologies, then we might see more human-to-machine interactions within the future. By then, nearly everything would be done by a machine, while we as humans would do absolutely nothing. Nonetheless, it'll be interesting to see what the future holds for both technologies as they shift the way we handle our daily lives. Just my thoughts

[UchihaRukawa]

Since the inception of the blockchain with Bitcoin in 2009, there has been a huge interest from governments, and central banks alike to design their own centralized digital fiat currency for their benefit. Given the security benefits and efficiencies that the blockchain provides, it would be used well in conjunction with AI technology, to transform the global economy in ways we've never thought possible.

As such, there could be a future where everything is managed by AI and the blockchain would serve as the security and settlement layer for any kind of transaction. A one world currency might become a reality where it is backed by all the banks and governments alike. If this happens, then true autonomy would become established enabling everyday devices to operate on their own and "monetize" themselves via the use of a single unified global currency which operates on a blockchain.

Therefore, both the blockchain and AI will have a huge impact in our world economy, and every aspect of our lives as we know it. Of course, this might take quite a few years to happen, but the benefits provided by such technologies would be too hard to ignore.

What are your thoughts about this? Will both Blockchain and AI improve the world's economy? 

I think, if we are to look at both blockchain and AI then I think the future will be better, Im not pro AI and blockchain, but I am with whatever would bring our world a better living experience, if these two could be of great help then I dont see why we cant use them, I think there are gonna be major changes in our currenct world, issues are gonna come flying, but if we insist on a greater and a better world then I think it is worth trying.

[princeyeboah]

These two technologies are revolutionary even though they are still more developments to enter their ecosystem. AI and Blockchain have already achieved a lot although they are still young technologies and has got the capabilities to enhance productivity, payment systems, keep records on immutable digital ledger which breeds transparency etc. All these significance of AI and Blockchain enhance the economy at large.

[munareal]

The blockchain technology and artificial Intelligent will, not only improve the world economy but every aspect of our lives. Transparency, accuracy and efficiency will be obtained

[calya]

The blockchain technology and artificial Intelligent will, not only improve the world economy but every aspect of our lives. Transparency, accuracy and efficiency will be obtained

this technology could be the fourth revolution in the world.it will bring massive changes and provide effectiveness in every job that we did.transparancy, and also accuracy.

[Abiky]

I think, if we are to look at both blockchain and AI then I think the future will be better, Im not pro AI and blockchain, but I am with whatever would bring our world a better living experience, if these two could be of great help then I dont see why we cant use them, I think there are gonna be major changes in our currenct world, issues are gonna come flying, but if we insist on a greater and a better world then I think it is worth trying.

Indeed, Blockchain and AI would bring our world a better living experience. Ever since they've emerged, there has been a huge enthusiasm towards helping develop such technologies for the real world. If put together, they would become a massive workhorse which can live on their own without human intervention. Blockchain tech was the missing piece of the puzzle, and now that it's been proven to decentralize everything, it could work perfectly with AI.

Our economy, healthcare, politics, and more would be driven by these technologies in the future. As I've said before, AI could very well take many decisions that are made by humans today. On the other hand, Blockchain could provide transparency and auditability to transactions made around the world (transactions can be anything from real estate, transfer of ownership, proving authenticity of documents, and more). It's also possible to provide true governance within the Blockchain, as stakeholders could vote for specific proposals on-chain.

Nonetheless, time will tell us whenever these technologies would really take off if people start adopting them for their own needs. Just my thoughts