Grayscale, a digital asset management firm, asserts that blockchain technology will play a crucial role in the AI economy, despite current market volatility. According to Grayscale Research Head Zach Pandl, blockchain and AI are complementary, with blockchain poised to become essential infrastructure for AI-driven transactions. The firm highlights blockchain's 24/7 operation, global reach, and transparency as key advantages for AI agents conducting automated payments.
Grayscale also suggests that blockchain could mitigate AI-related risks, such as data verification challenges and deepfake content proliferation, by providing decentralized and verifiable records. However, the report warns that AI advancements might introduce new challenges, including privacy concerns and potential security vulnerabilities in smart contracts. Despite these challenges, Grayscale believes AI will create new blockchain use cases rather than replace the cryptocurrency industry.
Grayscale Highlights Blockchain's Role in AI Economy
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