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Market News June 4, 2023

Report: Combination of Artificial Intelligence and Cryptocurrency Represents Major Opportunity

Coinbase released a research report saying that the intersection of artificial intelligence and blockchain is a major opportunity for entrepreneurs.

In a report on Thursday, the largest U.S. cryptocurrency exchange highlighted the benefits of combining the two technologies to create new solutions to societal challenges posed by artificial intelligence.

David Duong, director of research at Coinbase, said, “As AI and applications in blockchain mature, the disruption these technologies represent could lead to the emergence of areas of collaboration and new use cases for cryptocurrencies to help address specific societal challenges brought about by AI. challenges.” The report mentions several potential use cases combining AI and blockchain technology.

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