Here’s how blockchain and AI combine to redefine data security

The generative capabilities of conversational artificial intelligence such as ChatGPT and Midjourney paved the way for better tools to harness and benefit from data. However, the AI ​​trend also enabled the rise of fake data and fabricated files. For example, with the advanced content creation capabilities of AI, fake photos have become indistinguishable from authentic photos.

With its immutable nature, blockchain technology has the potential to counter AI-driven false data with a set of verification and validation. Recent reports estimate that the global blockchain AI market will grow from $230 million in 2021 to nearly $1 billion in 2030. As the blockchain AI market expands and matures, new projects are emerging that aim to provide better data management and security into space. From time-stamping documents via blockchain to providing data authenticity to using Big Data gleaned from social media for informed marketing decision-making, here are the most popular blockchain projects harnessing the power of AI.

DAO enabling verifiable data and documents

One of the key aspects of blockchain technology is the time-stamping of each block generated on the network. Blockchain-based open source platform WIDE DAO enables decentralized time-stamping technology to secure and verify digital data such as certificates, firmware and AI results. Using the native VIDT token, the platform provides data validation and governance across the blockchain. Every time a VIDT holder timestamps a file, a transaction is made that records all the necessary details in multiple blockchains.

Source: VIDT DAO

VIDT DAO recently announced FileValidator, an easy-to-use tool that enables anyone to timestamp their files, ensure authenticity and make data easily verifiable. When used for AI apps and services, FileValidator allows blockchain timestamping of AI calls and results, helping with more transparent records of AI model performance. By providing a way to know what is true instead of trying to capture everything that is false, VIDT integrators create a trustless environment for data and document exchange. FileValidator’s open beta is set to launch on April 7.

AI-powered market intelligence

The rapid decision-making capabilities of AI are a very effective way to collect and analyze real-time data as long as it is combined with market-specific tools and algorithms. LunarCrusha crypto asset intelligence platform, uses AI to analyze Big Data created across social media platforms to provide real-time crypto market insights and analysis.

Source: LunarCrush

Users avoid making crypto investment decisions driven by fake news and baseless hype by using reliable information about crypto projects, influencers and market trends provided by LunarCrush. Social analytics tools found in LunarCrush help crypto users of all experience levels make informed decisions based on accurate information.

Data exchange in a trustless environment

The decentralized and cryptographic infrastructure of blockchain helps build AI models that are resistant to data tampering, resulting in data exchange in a robust environment. Fetch.aia Cambridge-based AI platform, uses advanced technologies such as machine learning, blockchain and multi-agent systems to improve data security and authenticity.

Source: Fetch.ai

A decentralized machine learning network for better data security and authenticity is also attracting interest from global players. German industrial giant Bosch recently teamed up with Fetch.ai to establish the Fetch.ai Foundation to boost industrial adoption of AI-powered blockchain and Web3 technologies.

With projects like LunarCrush, VIDT DAO and Fetch.ai reshaping the way users and businesses approach data security and integrity, it becomes possible to fight against false data and documents created by the rise of AI technologies. By focusing on innovative.

solutions, these projects open up a more secure digital future. As it becomes more crucial to distinguish fake data from the original, projects that use blockchain to provide validation safeguard the digital presence of society as a whole.