Artificial intelligence,, Web3,, cryptocurrency And blockchain There are some of the most spoken technologies today, often described in a radical and new generation way.
However, they are fundamentally different with the goal, design and impact. Understand how they differ – and how they can work together – is important To find out how To use them as well as possible for your business.
What is web3?
Web3, abbreviation for Web 3.0refers to the latest evolution of the Internet. The first version of the web, or Web 1.0consisted of static reading websites alone which offered basic Online content. Web 2.0 brought interactivity, with social media and content generated by users, but it came with a compromise. Most data is centralized In the hands of the guards – the technology giants.
Web3 aims to change this dynamic. Web3 is a decentralized web where users – and not companies, central banks or other central authorities – have their data, identities and digital assets. It allows interactions between peers without the need for Intermediaries, using technologies such as cryptocurrencies, smart contracts and decentralized applications to feed everything, from finance to social media games.
Web3 is built on blockchain Technology, a large, unchanging and distributed book system that records transactions on a network. All users see a single view of the big book and transactions recorded on it. Once the data is added For a blockchain, it cannot be easily changed, allowing the construction of Trust a system without the need for central authority like the Federal reserve.
Financial transactions in this decentralized Internet use cryptocurrency. They are digital currencies such as bitcoin And Ethereum that are used in financial transactions without going through the banking system. Smart contracts Shop in web transactions. These are pieces of code that automatically apply the rules and chords.
Cryptocurrency are not supported by physical assets like gold, but some are flap to fiduciary currencies as the US dollar. They are negotiated on exchanges, but prices tend to be volatile. While criminals used crypto for illegal activities, these only constituted 0.14% of all Cryptographic transaction volume In 2024, according to the analysis chain. The majority is legal.
How is AI different?
AI consists of algorithms and models designed to simulate human intelligence in machines. He can analyze data, recognize models, make decisions and create content – whether It is Recommend your next show on NetflixDiscuss with you as a virtual assistant, or generate images and text.
Key sub-champs of the AI includes the following elements.
- Automatic learning: Systems learn and improve data over time.
- Natural language treatment: Computers understand human language.
- Computer vision: Machines can see and interpret visual data.
- AI Generative: Software that can create original content.
Unlike web3, AI systems are generally built and maintained by centralized entities. They count on large data sets and calculation power, often stored in cloud platforms or data centers belonging to companies.
Read also: What is artificial general intelligence and why it is important for business
How ai and web3 work together
While AI and web3 belong to the wider category of emerging technologies, they serve different objectives. AI focuses on intelligence, automation and decision -making, while web3 emphasizes decentralization, transparency and user control.
AI systems are generally optimized For speed and performance, trained on data sets and deployed in centralized environments. Users must generally trust the model or the company behind. AI is transformed Industries love health care, finance and retail by manufacturing systems fighter And more efficient. It feeds fraud detection, customer service chatbots, autonomous vehicles and predictive analysis, among other cases of use.
Web 3 systems, on the other hand, prioritize decentralized consensus, security and transparency. Users do not have to trust each other Web3, Since it uses the code, cryptography and registers distributed to apply the rules and register transactions publicly. Web3 disrupts traditional finances, reinvents the property of assets with non -butts (NFT) and throws decentralized markets.
Consider web3 as an accounting system that is open to everyone, while the role of AI is to quickly treat the receipts that enter the big bookFor example. If web3 was a car, the AI would be the engine improved to make it work faster and more efficiently.
AI can also improve automation and decision -making in web3 applications, detect fraudulent transactions in real time, or help Decentralized autonomous organization (DAO) have better governance and strategic decision -making. Ai is a tool that help Web3 works more efficiently.
There are several ways in which web3, in turn, can in turn strengthen. The blockchain can store and check the data used to form AI models, which makes the training process more transparent. Blockchain data is reliable and its cryptographic techniques improve confidentiality, among other uses.
AI and Web3 are two emerging but different technologies. IA is to do smarter systems, while web3 is to do Internet is more open and decentralized. We spread to the centralized calculation and the recognition of models; The other thrives on distributed consensus and systems without confidence.
For all Pymnts AI covers, subscribe to everyday Newsletter Ai.
