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{"id":6240,"date":"2020-05-13T18:12:25","date_gmt":"2020-05-13T16:12:25","guid":{"rendered":"https:\/\/wegreece.com.gr\/?p=6240"},"modified":"2020-05-13T18:12:25","modified_gmt":"2020-05-13T16:12:25","slug":"the-bridge-between-ai-and-bitcoin","status":"publish","type":"post","link":"https:\/\/wegreece.com.gr\/en\/the-bridge-between-ai-and-bitcoin\/","title":{"rendered":"The Bridge Between AI And Bitcoin"},"content":{"rendered":"There are clear comparisons that can be made between Artificial Intelligence and\u00a0Bitcoin<\/a>, as well as other\u00a0cryptocurrencies<\/a>. Generally speaking, in itself the blockchain is a primary form of artificial intelligence, as it is able to make decisions and does include some aspects machine based learning, though in the future we expect that the blockchain will become more integrated with\u00a0AI technologies<\/a>, neural networks, deep learning and that sort of thing.<\/p>\n

What is AI?<\/strong><\/p>\n

Artificial Intelligence or AI is dubbed as the next technological revolution, first we had the data revolution and now, computers are able to manage and manipulate that data themselves, hence the \u2018intelligence\u2019. According to\u00a0Techopedia<\/a>:<\/p>\n

\u201cKnowledge engineering is a core part of AI research. Machines can often act and react like humans only if they have abundant information relating to the world. Artificial intelligence must have access to objects, categories, properties and relations between all of them to implement knowledge engineering. Initiating common sense, reasoning and problem-solving power in machines is a difficult and tedious task. Machine learning is also a core part of AI.\u201d<\/em><\/strong><\/p><\/blockquote>\n

Cryptocurrency<\/a>\u00a0and blockchain firms are already exploring how AI can help improve their products and services. Indeed, the development of the blockchain does have big implications for the future of AI and Machine Learning too, especially when we consider data storage and fast access. The blockchain allows huge amounts of data to be stored securely and of course, shared across other entities on that network. These entities, could very well be computers or programmes that have been built to learn from the blockchain, and thus, we see a huge amount of information spread that these programmes can learn from, making Artificial Intelligence, better.<\/p>\n

According to Bitcoin.com, Danil Myakin, the co-founder of Squilla Capital, a crypto analytics service, there\u2019s a huge surge in the number of applications that blockchain technology, cryptocurrency and Artificial Intelligence share:<\/p>\n

\u201cHuman bias is almost impossible to eliminate. People trade on their emotions, often unwittingly. Data-based decision-making eliminates the noise that can cloud people\u2019s judgement, preventing them from acting rationally, and focuses solely on the signal.\u201d<\/em><\/strong><\/p><\/blockquote>\n

Furthermore:<\/p>\n

\u201cProvided you have a large enough sample set, computers that have been trained using machine learning will consistently derive more accurate insights than humans. In recent years, this theory has been proven in every major financial market, and it\u2019s now being applied to the cryptoconomy with equally convincing results.\u201d<\/em><\/strong><\/p><\/blockquote>\n

These are two technologies that are growing and seeing expansion at an alarming rate. When the two industries fully collide, a huge number of new and exciting products will be created. This is great for the adoption of Bitcoin and cryptocurrencies and also has positive implications for the development of our everyday technologies too, such as the smartphone which is now seeing more AI based implementations than ever before.<\/p>\n

Source:\u00a0https:\/\/cryptodaily.co.uk\/2019\/03\/the-bridge-between-ai-and-bitcoin<\/a>\n

0<\/span><\/a><\/div> <\/div>
<\/div><\/div>
<\/div>","protected":false},"excerpt":{"rendered":"

There are clear comparisons that can be made between Artificial Intelligence and\u00a0Bitcoin, as well as other\u00a0cryptocurrencies. Generally speaking, in itself the blockchain is a primary form of artificial intelligence, as it is able to make decisions and does include some aspects machine based learning, though in the future we expect that the blockchain will become more integrated with\u00a0AI technologies, neural networks, deep learning and that sort of thing. What is AI? Artificial Intelligence or AI is dubbed as the next technological revolution, first we had the data revolution and now, computers are able to manage and manipulate that data themselves, hence the \u2018intelligence\u2019. According to\u00a0Techopedia: \u201cKnowledge engineering is a core part of AI research. Machines can often act and react like humans only if they have abundant information relating to the world. Artificial intelligence must have access to objects, categories, properties and relations between all of them to implement knowledge engineering. Initiating common sense, reasoning and problem-solving power in machines is a difficult and tedious task. Machine learning is also a core part of AI.\u201d Cryptocurrency\u00a0and blockchain firms are already exploring how AI can help improve their products and services. Indeed, the development of the blockchain does have big implications for the future of AI and Machine Learning too, especially when we consider data storage and fast access. The blockchain allows huge amounts of data to be stored securely and of course, shared across other entities on that network. These entities, could very well be computers or programmes that have been built to learn from the blockchain, and thus, we see a huge amount of information spread that these programmes can learn from, making Artificial Intelligence, better. According to Bitcoin.com, Danil Myakin, the co-founder of Squilla Capital, a crypto analytics service, there\u2019s a huge surge in the number of applications that blockchain technology, cryptocurrency and Artificial Intelligence share: \u201cHuman bias is almost impossible to eliminate. People trade on their emotions, often unwittingly. Data-based decision-making eliminates the noise that can cloud people\u2019s judgement, preventing them from acting rationally, and focuses solely on the signal.\u201d Furthermore: \u201cProvided you have a large enough sample set, computers that have been trained using machine learning will consistently derive more accurate insights than humans. In recent years, this theory has been proven in every major financial market, and it\u2019s now being applied to the cryptoconomy with equally convincing results.\u201d These are two technologies that are growing and seeing expansion at an alarming rate. When the two industries fully collide, a huge number of new and exciting products will be created. This is great for the adoption of Bitcoin and cryptocurrencies and also has positive implications for the development of our everyday technologies too, such as the smartphone which is now seeing more AI based implementations than ever before. Source:\u00a0https:\/\/cryptodaily.co.uk\/2019\/03\/the-bridge-between-ai-and-bitcoin 00<\/p>\n","protected":false},"author":1,"featured_media":6241,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[65,64,23],"tags":[],"class_list":["post-6240","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-bitcoin","category-multimedia"],"yoast_head":"\nThe Bridge Between AI And Bitcoin We Greece Bitcoin -<\/title>\n<meta name=\"description\" content=\"The Bridge Between AI And Bitcoin We Greece [:el]\u0397 \u03b3\u03ad\u03c6\u03c5\u03c1\u03b1 \u03bc\u03b5\u03c4\u03b1\u03be\u03cd "AI" \u03ba\u03b1\u03b9 Bitcoin[:en]The Bridge Between AI And Bitcoin[:] Bitcoin -\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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