The article discusses the potential of combining artificial intelligence (AI), blockchain, and cryptocurrency in the payments industry. It highlights that the AI industry is expected to receive over $200 billion in investments by 2025, but it needs a "killer app" to justify this capital inflow. The article suggests that integrating AI with blockchain and crypto for secure and user-centric payments can be the use case to redeem AI. It emphasizes that younger adults, who are more comfortable with emerging touchpoints and transaction channels, are driving the digital payment adoption rates. AI can help payment service providers and merchants serve these new-age consumers efficiently by offering personalized payment options and analyzing user interaction patterns. Additionally, AI can enhance the security of payment rails by enabling anomaly detection and biometric verification. The article also acknowledges that the development and training of AI models require significant resources, leading to centralization in the industry. Therefore, the article suggests that web3-oriented entrepreneurs and VC firms are pushing for decentralized AI and payment systems. Furthermore, it emphasizes that blockchain can complement AI systems by providing a globally distributed and transparent database. The article concludes that AI in payments is a lucrative opportunity, and blockchain/crypto are critical to its realization.



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