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Blockchain and Artificial Intelligence Integration

27 May 2024by CryptoJazz Admin1 min read2 views
Blockchain and Artificial Intelligence Integration

πŸ”Ά The European Blockchain Observatory and Forum (EUBOF) published a report highlighting the potential of blockchain in integration with artificial intelligence. The focus is on the convergence of these two technologies, which could lead to secure data storage and enhanced functionality of smart contracts.

πŸ”Ά EUBOF also noted the growth of the decentralized finance (DeFi) ecosystem and recommended the creation of a global blockchain knowledge center. The European Union plans to amend the EuroHPC regulation to foster the development of artificial intelligence, offering compensation to companies providing hosting for supercomputers.

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