34% of cryptocurrency projects are now using artificial intelligence, which is a 7% increase compared to last year.
The 2024 Crypto Industry Report by venture capital firm Andreessen Horowitz (a16z) highlights the crucial role of cryptocurrencies in addressing artificial intelligence challenges. Currently, 34% of cryptocurrency projects incorporate AI, marking a 7% increase from last year. Blockchain technology provides decentralized solutions to reduce monopolization in AI development. Additionally, blockchain enhances transparency in AI processes, helping to protect intellectual property and verify content authenticity.
Source: cryptoslate.com
