The CEO of Cortex, Ziqi Chen explained how AI can impact crypto networks:
“In the near future, we expect to see stablecoins based on machine learning, decentralized decision making, malicious behavior detection, smart resource allocation, and much more. These are challenges that all intersect with crypto networks, where having trained AI models that are accessible on-chain will prove to be extremely valuable.”
In the near future, Cortex says has plans for implementing AI dApps on its network, and to extend its on-chain machine learning feature to other networks than Ethereum.
“On-chain machine learning is an extremely complex endeavor due to the computational demands, and the need to create a virtual machine that is Ethereum Virtual Machine compatible. With the Cortex Virtual Machine, we’ve achieved a breakthrough that brings the benefits of artificial intelligence to a wider audience.
Although dApp developers will be among the first beneficiaries of the Cortex mainnet, this is only the beginning. In time, we expect to develop a diverse range of use cases, all delivered on-chain,” said Ziqi Chen.
source: https://coindoo.com/cortex-develops-new-ai-network-for-decentralized-apps/
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