These two industries, though advancing at different paces, are now intertwined and facing similar challenges, according to a new report from TenSquared Capital (10SQ). According to 10SQ founder Stan Miroshnik, AI has a greater need for blockchain than vice versa, even if the industry isn’t aware of it yet. With the increasing demand for secure data sharing and decentralized marketplaces, blockchain technology can provide a solution for AI’s reliance on centralized systems. Additionally, AI can greatly benefit from blockchain’s ability to validate and audit models, ensuring their accuracy and reliability. But the symbiotic relationship doesn’t end there. Blockchain technology can also benefit from the real-time use of AI models and agents, aiding in the detection and prevention of vulnerabilities. With this partnership, the potential for innovation and progress in both industries is limitless.
But the symbiotic relationship doesn’t end there. Blockchain technology can also benefit from the real-time use of AI models and agents, aiding in the detection and prevention of vulnerabilities. With this partnership, the potential for innovation and progress in both industries is limitless.
At TenSquared, we are on the lookout for game-changing companies that have harnessed the power of AI and blockchain to solve real-world problems. We see the potential for exponential growth and are excited to be a part of this technological revolution that will shape the future of businesses and our daily lives. The future is limitless when AI and blockchain collide, and we can’t wait to see what they have in store for us.
TenSquared Capital, LLC
The roaring growth of AI has taken center stage as one of the most promising trends of 2024, with Goldman Sachs projecting a staggering $7 trillion boost to the global economy over the next decade. From revolutionizing productivity to becoming the next great technological frontier, AI is poised to make its mark alongside the internet, mobile, and cloud.
But what’s even more exciting is the potential when AI teams up with blockchain. The two cutting-edge technologies have the power to amplify each other’s capabilities, creating a powerhouse of trust, privacy, and decentralization. Imagine AI making decisions based on real-time data from a secure and distributed blockchain network – the possibilities are endless.
This fusion of AI and blockchain is already in motion, with a surge in research and development, patents, and market capitalization for AI-related tokens. Startups are also jumping on board, paving the way for new advancements in code writing tools, data storage, and security solutions. With over $600 million in venture capital funding pouring in, the future is bright for companies embracing the intersection of blockchain and AI.
