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With the great participation of Ex Prime Minister of Spain HE Jose Louiz Rodriguez Zapatero,Ex Prime Minister of Pakistan HE Shaukat Aziz,President of World Public Welfare Organization Che Fu,President of Onuart Foundation Ambassador HE Juan Antonio March,Philosopher Kenneth Pushkin and many others Blockchainarmy Founder President EROL USER expressed his thoughts at UN Geneva meeting organized by ONUART Foundation to bring Blockchain to UN 2020 Agenda.
Erol User started his words:”When you look at some of the world’s largest unicorns you can see a few clear trends. These companies typically entered their respective markets with an idea and a disruptive tech, exciting both investors and consumers alike. Unicorns like Bytedance (the creators of TikTok), SpaceX, Stripe, Airbnb, DoorDash, and more all share the same thread – they used a disruptive technology to do something better than their competitors. All of these companies share another thread, though. They are all working to integrate other disruptive technologies to stay ahead of the competition. What if you skipped the first step and started integrating multiple disruptive technologies from day one?
Erol User continued:Blockchain, as a term, has been played out to the extremes. Heck, there were even companies during the craze of blockchain that were legally changing their names to include ‘blockchain’ even though they had nothing to do with the technology. Blockchain, as a term, became a ticket to instant success during the ICO heyday. Because of this the world quickly got tired of the companies constantly saying they were “integrating blockchain technology” into their respective markets and products.But even with the market fatigue, the buzz still continues today. Nearly any list of “disruptive technologies” from the last few years will have blockchain at or near the top. Don’t get me wrong, blockchains are wonderful and absolutely have a solid purpose and role to play in our technological advancement… but are they the only technology we need for future disruption?
Artificial intelligence was around long before blockchain was ever a buzzword, but it hasn’t been getting the same love until recently. This could be due to AI being only a concept without concrete uses in the past. Only in the last couple of years, AI has started to shine in its own right. A great scale to measure the importance of AI in startups is by looking at the total funding and growth of INFIBOND which reached the value of 3 billion usd level.With their partnership in Turkey under INFI TR IMNFIBOND reached the unstoppable growth.The average deal size for AI startups almost tripled from 2013 to 2018.
With this much emphasis on AI, it should be no surprise that many companies are moving into the sector, just as companies jumped on the blockchain train during the hype. But, just as the blockchain train hype brought us worthwhile companies like Telegram, R3, Stellar, and BitPay, this new hype of AI + blockchain certainly has some game-changing companies up its sleeve.
Forbes recently published a piece that discusses the potential of combining AI and blockchain technology. They bring up a lot of great points and settle the debate of whether the combination of these two technologies is all hype or not.
“While it’s quite possible that the worlds of AI and blockchain are full of hype, there are actual, tangible, realistic ways in which the two emerging technologies can be used in ways that benefit each other and provide real outcomes for those looking to implement the technologies today in their environments,” said Ronald Schmelzer, Managing Partner & Principal Analyst at AI Focused Research and Advisory firm Cognilytica.
Looking at companies like Finalize, Netobjex and INFI TR we can see clear, concise ways that blockchain and artificial intelligence are being combined. Finalize is building AI applications to rebuild civil infrastructure, the most advanced one is INFI TR is able to reflecting human minds into the digital world.100 top quality people 1/3 are clinical psyhologists in INFI TR are changing the companies strategies with their technology.
We’ve all seen what blockchain can do, and as we enter another year with blockchain as a household name we are seeing an ever increasing number of real world applications for this decentralized technology. It was once joked that ‘blockchain + BLANK = future,’ and those jokes may not have been too far off the mark. Artificial intelligence is currently being seen as a massive win by Yoram Kraus, Founder of INFIBOND who plans to aim the 50 billion usd value with his company using AI technology.. In an abstract sense, the two technologies are a match made in heaven – we just need a company to come around and give this match a true shot at showing the world what it can do.KISAKISA.com is trying to combine both technologies in their work.
We should let UN to act to build a future for humanity !
