Here’s how blockchain and AI combine to redefine data security
The generative abilities of conversational artificial intelligence such as ChatGPT and Midjourney paved the way for better tools to utilize and benefit from data. However, the AI trend also enabled the rise of fake data and fabricated files. For example, with the advanced content creation capabilities of AI, fake images have become indistinguishable from authentic pictures.
With its immutable nature, blockchain technology has the potential to counter AI-powered fake data with a set of verification and validation. Recent reports estimate that the global blockchain AI market will grow from $230 million in 2021 to almost $1 billion in 2030. As the blockchain AI market expands and matures, new projects aiming to provide better data management and security enter the space. From timestamping documents via blockchain to providing data authenticity to using Big Data derived from social media for informed market decision-making, here are the most popular blockchain projects that utilize the power of AI.
One of the key aspects of blockchain technology is the timestamping of each block generated on the network. Blockchain-based open-source platform VIDT DAO facilitates decentralized timestamping technology to secure and verify digital data such as certificates, firmware and AI results. Using the native VIDT token, the platform provides data validation and governance across the blockchain. Each time a VIDT holder timestamps a file, a transaction is made, which records all necessary details into several blockchains.
Source: VIDT DAO
VIDT DAO recently announced FileValidator, a user-friendly tool that enables anyone to timestamp their files, ensuring their authenticity and making data easily verifiable. When used for AI apps and
Read more on cointelegraph.com
