It’s all about NFTs: Richard Boaz talks AI and blockchain at CoinGeek backstage

“This is my new tagline: Everything is NFT,” says serial blockchain entrepreneur Richard Boas. In an interview with CoinGeek Backstage, he explains how artificial intelligence (AI) and blockchain intersect and why only an infinitely scalable network like BSV can support his AI integration. Did.

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Boas was a guest speaker at AI Forge’s Introduction to AI and Blockchain Masterclass in London, where he discussed how the two foundational technologies are coming together.

During his presentation, Boas explored the idea that anything can be a non-fungible token (NFT).

“Maps are NFTs, cars are NFTs, people are NFTs. More importantly, all work products can be NFTs. The output of AI can be NFTs. “Everything you create can be tokenized, owned, transferred, and traded. The possibilities are endless,” he told CoinGeek Backstage reporter Becky Liggero.

Blockchain protects privacy, a privilege that most platforms no longer offer in today’s digital world, he continued.

Unlike most other digital payments, BSV payments exclude personally identifying information from payment data.

“You can also provide data to merchants, but you do this privately. In the world of digital cash, blockchain transactions become more private, even though they are on a public network. Masu.”

Boas added that this would eliminate most of the privacy concerns raised by CBDC critics. Opponents of CBDCs in some countries, such as the United States, dismiss them as surveillance coins used by governments to advance policy, but Boas argues that is not the case.

“When your identity is private, you have more privacy when interacting with some products and services,” he said.

Blockchain also enables distributed computation, reducing the cost of operating resource-intensive AI, Boaz added.

“When you traverse the Internet powered by Bitcoin, all of the security architecture is applied by default,” Boas said.

Boas revealed that he is working on developing AI-generated playing cards that consumers can purchase and resell.

For artificial intelligence (AI) to function properly within the law and succeed in the face of growing challenges, it must integrate enterprise blockchain systems that ensure the quality and ownership of data input. This allows you to keep your data safe while also guaranteeing immutability. of data. Check out CoinGeek’s coverage Learn more about this new technology Why enterprise blockchain is the backbone of AI.

WATCH: Spectrum Sanctuary NFT Collection Blends Web3 and Autism Awareness

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New to blockchain? Check out CoinGeek’s Blockchain for Beginners section. This is the ultimate resource guide to learn more about blockchain technology.

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