Korok Ray, Bitcoin researcher and Associate Professor at the Mays Business School at Texas A&M University, announced plans to launch The Bitcoin Research Institute to drive academic research at the intersection of Bitcoin and artificial intelligence.
Then, you can get started. MicroStrategy World: Bitcoin for Corporations 2024 Ray noted that Bitcoin could enable multi-party computations (MPC) with security. He used the example where poker players agreed on the current state of the game to illustrate this.
He then expanded the example to include agent-based learning and deep neural network, allowing artificially intelligent robots to collectively compute in the context the Bitcoin Blockchain. Ray’s Vision noted that new developments have occurred in the Bitcoin eco-system, including BITVM. This allows Turing Complete computation (as in MPC) to be performed off chain on Bitcoin.
Ray continued to present his thesis by describing Bitcoin combined with AI as “The Undiscovered Country”:
“The ultimate use case of Bitcoin in say one-hundred, two-hundred or five-hundred years, will not be humans, but machines… as we are at [this] wave of massive technological progress, I believe the biggest opportunity will be deep integration between machines and the entire Bitcoin network at different levels.”
“The Bitcoin Research Institute is really to connect these two areas of research and development and bring Bitcoin together with a lot of the major advances in AI,” Ray explains. “There is an army of researchers and faculty out there, and we need [to bring] the best minds onto Bitcoin to make this a reality.”
Ray also noted that Chaumin Mints could be a way to scale bitcoin payments. He also mentioned the importance of secure prediction markets, enabled by Bitcoin. This innovation may result in more efficient insurance. financial products.
Ray acknowledged in his speech the academic accomplishments in computer science which led to the invention of Bitcoin as well as artificial intelligence. He suggested that these two innovations will be built upon the success of research in order to spur innovation in all areas of the economy.
Watch Korok’s Speech on MicroStrategy World Livestream: Bitcoin for Corporations hosted by the Bitcoin Magazine YouTube, Twitter You can also find out more about the following: LinkedIn.
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Source: bitcoinmagazine.com