CandleFocus

Bitfinex: AI Agents Using Smart Contracts Will Revolutionize Crypto

The article discusses the potential synergies between artificial intelligence (AI) and cryptocurrencies. The incoming Trump administration is combining the two sectors into one advisory office called the White House Crypto and AI Czar. The article defines AI agents as decentralized, self-governing, autonomous, and intelligent software programs that can use the blockchain. These AI agents can perform tasks like transaction execution and wallet management to enhance efficiency and scalability. The article also highlights the risks and challenges associated with AI agents and emphasizes the need for robust safeguards and ethical guidelines. Several AI-focused cryptocurrencies have already achieved multi-billion dollar market caps. Self-governing AI apps running on decentralized finance platforms could attract capital and liquidity to support altcoin prices.

Related News