Cryptocurrencies offer a unique set of benefits that can be leveraged to empower artificial intelligence (AI) applications. These benefits include decentralization because AI models can be developed and deployed without relying on a central authority, making them more resistant to censorship and manipulation. Secondly, transparency meaning that that all transactions and data on the network are publicly viewable. Thirdly, in that smart contracts, which are self-executing contracts on the blockchain, can be used to automate tasks and ensure the integrity of data. Lastly, calability so that a a large volume of transactions and data are handled.
Here follows some well-established cryptocurrencies linked to AI
The Graph (GRT)
The Graph is a decentralized protocol for indexing and querying data on blockchains. It allows developers to build applications that can easily access and utilize data from various blockchains. This is particularly useful for AI applications that need to access large amounts of data, such as natural language processing (NLP) and machine learning (ML) models.Here are some examples:
Knowledge Graphs: The Graph is used to build knowledge graphs,used in data-driven AI techniques such as machine learning, and improve the accuracy of natural language processing.
Graph Neural Networks: The Graph is used to build Graph Neural Networks (GNNs),applied on many deep learning tasks, including node classification, link prediction, and graph classification.
AI and Graph Technology: The Graph technology enhances machine learning and AI projects by providing context and connections within the underlying data.
You can buy The Graph on , COINBASE or Kraken.
Chainlink (LINK)
Chainlink is a decentralized oracle network that provides secure and reliable data feeds for smart contracts. This is important for AI applications that need to access data from off-chain sources, such as real-world weather data or stock market prices. In the case of ChainLink, one application is Smart Contract Automation allowing AI models to trigger actions based on real-time data. This can assist in predictive maintenance where AI models can analyze sensor data from IoT devices to predict equipment failures, enabling proactive maintenance and reducing downtime. In addition, risk management to assess risk levels and generate trading signals, optimizing investment strategies as well as fraud detection to identify and root out suspicious patterns and prevent fraudulent activities.You can buy ChainLink on , Coinbase or Kraken.
Fetch.AI
Fetch.AI is a decentralized autonomous organization (DAO) that is developing a platform for federated machine learning. This platform will allow AI models to be trained on data from multiple sources without revealing sensitive information. This is important for developing AI models that are both accurate and privacy-preserving.
Bosch Center for Artificial Intelligence: Bosch and Fetch.AI have established the Fetch.ai Foundation to research, develop, and commercialize web3-technologies. The foundation aims to create an Economy of Things (EoT) through joint projects with Fetch.AI, a technology platform for Web3, machine learning, and autonomous economic activity by technical actors.
Crypto Protocol Fetch.ai: Fetch.ai has partnered with Bosch to develop Web3 technology for real-world use cases in areas such as mobility, industry, and consumers. The Fetch.ai Foundation will research and develop Web3 technology for real-world use cases in areas such as mobility, industry, and consumers .
AI Agents: Fetch.AI is a decentralized, open-source platform that enables the development of autonomous AI agents. These agents are designed to operate in the real world, helping to solve complex problems and make decisions based on the data they gather.
You can buy Fetch.AI on or Coinbase
Filecoin (FIL)
Filecoin is a decentralized storage network that allows users to store and retrieve data securely on the blockchain. This is important for AI applications that need to store large amounts of data, such as training data for ML models. In terms of collaborations, Intel is working with Protocol Labs, the company that developed Filecoin, to develop AI applications on the Filecoin network. At company level, DeepMind a subsidiary of Alphabet, is using Filecoin to store and analyze data for its AI research projects. You can buy Filecoin on , Coinbase or Kraken.
Helium (HNT)
Helium is a decentralized wireless network that uses low-power IoT devices to provide coverage for the Internet of Things (IoT). This is important for AI applications that need to collect data from IoT devices, such as smart sensors and wearable devices. Helium and Microsoft are collaborating on a project to develop a decentralized AI platform that will use Helium's network to train and deploy AI models. In addition, this crypto is involved in a project called Helium Earth. Helium Earth is a project that uses Helium's network to collect data from IoT sensors that are deployed in the environment. This data can be used to monitor environmental conditions, such as air quality and water quality. You can buy Helium on , Coinbase or Kraken.
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