THIS PROJECT IS CHANGING THE GAME FOR AI & CRYPTO

    outside of crypto AI is the market with the most insane potential for growth right now and in the coming years we are all already seeing how AI is changing the world and the rate at which AI models are improving and new use cases are being discovered has only continued to increase by 2030 AI is expected to boost a global GDP by 14% which would provide an increase of $15.7 trillion this potential has led investors everywhere to rush to gain AI exposure in 2023 more than a quarter of the money invested in American startups went to AI related companies this demand for exposure to AI has played out within the crypto markets as well with many new projects integrating AI then launching and seeing huge gains however it is very important to determine which projects actually have utility related to AI and which are just trying to take advantage of the current hype today I want to explain why blockchain Tech really will be essential to the success of AI on a global scale and actually why PKA do is actually the ideal ecosystem for the next generation of AI based Tech to be built on top of before I get started with that make sure to subscribe and activate the Bell icon so you do not miss out on more videos like these as well as everything else I post here on the channel so to understand why AI needs blockchain Tech to succeed we need to look at what AI runs on and that is two things massive amounts of data and extremely large amounts of computational power AI models are trained by providing them with large amounts of varied data from which the models are able to identify patterns and insights this data can come in many different forms including text numbers photos videos and audio because the data used for training is the basis of each AI model it is essential that the data is accurate avoids bias and does not cause any other issue such as infringement of intellectual property the use of decentralized blockchain tech allows data to be verified and authenticated before being used for training along with preventing accidental uh bias or corruption caused by unverified training data developing AI in a decentralized and transparent manner also removes the potential for hidden bias or corruption such as what has already been seen in some of the AI models being developed in private by centralized entities with AI widely expected to bring massive changes to nearly every industry and the future of the world it is absolutely essential that it is developed with everyone’s best interest in mind rather than those of a few centralized entities obviously with the ever growing amount of data being gener generated and used any blockchain looking to support AI use cases needs to be scalable and efficient that is why PKA dot is actually an ideal choice for blockchainbased AI Tech polka Dot’s multi-chain network has native charting to allow parallel processing of transactions meaning it can avoid the congestion and bottlenecks seen with many other chains it is important to remember that the global amount of data generated is projected to continue growing exponentially so any chain already having trouble scaling almost certainly will be unable to keep up luckily for them polka dot has prepared for this and has always made scalability a core priority of their Tech along with its huge bands for data AI also requires immense computational power to process that data this is another reason why polka dot scalability and efficiency gives it a major advantage over other networks I have covered poka dot more generally here on the channel before but in case you missed those videos I will give you a quick overview before giving some specific examples of protocols already leading the way to Bringing AI adoption to the pka do ecosystem the pka do ecosystem is not a single blockchain but rather a network of chains all connected to the layer zero PKA do relay chain which provides native interoperability ured security to all the other chains built on top of it any project can create a chain within the pka dot ecosystem by utilizing the substrate framework which allows projects to focus on their unique utilities and products rather than spending a large amount of their time and resources on the basic blockchain infrastructure all of these chains within the pka dot ecosystem which are called par chains benefit from the interoperability scalability and efficiency of PKA do Tech stack which allow them to be used for a very wide range of utilities from gaming to rwas to Ai and pretty much anything else you can think of PKA do is also in the process of upgrading to their version 2.0 which will even further enhance the network scalability and efficiency as well as make it simpler and easier for projects to flexibly access network resources and build within the ecosystem in addition to poka do 2.0 the yam upgrade for the Relay chain will remove the need of par chains to be able to build on poka dot while the jam upgrade is still about 2 years away it will bring a smart contract like feature to padot known as services with that said let’s take a look at some AI focused Pate chains that are already live and seen success within the pka do ecosystem up first we have origin Trail a project providing organized and verifiable knowledge assets for use in AI training as I already mentioned AI models are only as reliable as the data they are trained on Origin Trail makes it possible to stop relying on centralized entities to create and hold the knowledge graphs of AI training but instead incentivizing an open network of knowledge assets that anyone can contribute to and help verify knowledge assets can be many different things such as supply chain data product details and much more nowadays businesses are realizing in that they need some sort of AI strategy to stay competitive moving forwards and origin Trail is already securing some impressive Partnerships to help make that possible they are working with BSI which is the national standards body of the UK to ensure transparency in pharmaceutical Supply chains they were also selected by the eu’s next uh generation internet initiative to help build out Advanced infrastructure for internet in the EU origin Trails decentralized Knowledge Graph is used to secure audits for more than 22,000 factories across Asia to benefit popular retail companies including Home Depot and Walmart by ensuring product quality and safety FAA is a PKA dot parach chain offering an AI co-processor for blockchains they utilize offchain Computing infrastructure to provide greater efficiency while securing data data and providing computational power to other applications put more simply FAA offers efficient data verification and computation to allow developers to easy integrate AI into their own applications these utilities are especially valuable to other blockchains that don’t have the same scalability as chains within the pka do ecosystem as those less scalable chains can offload the required computation to F allowing them to handle more transactions without slowing down FAA also offers the ability to handle sensitive data off chain where it is securely encrypted all of Fall’s services are trustless meaning they can be verified by their users removing the need to rely on centralized and opaque third parties one more project I will quickly mention even though it is not technically built within the pka do ecosystem and that is bit tensor so bit tensor has has become one of the largest decentralized AI protocols by incentivizing the collaborative development and Improvement of open-source machine learning models by allowing AI models to collaborate and learn from each other bit taner removes the need to rely on centralized entities and the models are able to increase accuracy minimize corruption and improve efficiency their system of decentralized AI models also makes AI more accessible to regular people and not just massive corporations the reason I mentioned banzer is because it is being built using substrate which is pados software development kit which goes to show how well fit substrate is to the development of AI focused blockchain projects by taking advantage of the substrate framework bit tenser was able to launch and actually become one of the top 50 crypto projects by market cap very quickly the advantages of the substrate SDK are available to any project that chooses to use it and if those projects choose to build within the pka do ecosystem then they can also gain the native benefits of extreme scalability and bandwidth as original Trail F and other parach chains continue to gain more recognition as leaders in the blockchainbased AI sector more teams will realize the advantages of building on PKA Dot and it is important to mention that teams don’t have to build on PKA dot alone par chains are natively interoperable with other par chains but they can also connect with chains outside of the padot ecosystem meaning teams that have already started developing on other chains can continue to do so while also expanding to P to take advantage of all the benefits I have told you all about today looking ahead into the future poka dot wants to continue supporting and promoting the growth of their decentralized AI ecosystem not only because it helps poka dot but because they want to decentralized access to secure and verifiable data and the AI models and products built on top of it AI is already seen some insane rates of growth and adoption and as a reminder it is only expected to grow even faster in the coming years PKA do has positioned themselves to not only capitalize on that growth but also provide a way for AI to be developed more openly and the benefit of everyone involved if you want to learn more about PKA Dot and you can do so through the links down in the description I hope that you all enjoyed today’s video and a massive shout out to PKA do for being a partner of our Channel and I will see you guys in the next one

    In this video I cover AI, why AI needs blockchain tech to succeed, and why Polkadot is the best ecosystem for AI to be built on top of.

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    25 Comments

    1. Yeah polka dot has been trying to buy off people left and right, and you would think that would work because it does for others, but it's easy to call a project's bluff when price doesn't move. Polka dot simply chose the wrong technological paths with parachains and other things, and other projects caught up to them and surpass them. So while I will keep my staking bag alive in case the price does miraculously move, I personally think polka dot is shit, and all those that keep it's massive market cap aloft will ultimately bail over time. Reallocate now or regret it.

    2. Yeah..Base is the leading layer 2 and doing all of those things. BASE now has over 190 countries able to swap, stake, trade ect with institutions like AWS and Google through Many partnerships including the fed reserve compliance built in. ETH etf starts May 23rd

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