Google and NEAR Protocol Emphasize the Importance of Combining AI and Blockchain

Discussion on AI and Blockchain Synergy at 'AI Blockchain Community'

Industry Emphasizes the Importance of AI and Blockchain Integration

NEAR Protocol: "Decentralization through Blockchain is Necessary for AI"

Google Cloud: "Focusing on AI Development for Blockchain"

Ilya Polosukhin, co-founder of NEAR Protocol, giving a lecture at the 'AI Blockchain Community' held in Gangnam-gu, Seoul on the 19th. / Photo=Hwang Doo-hyun, Bloomingbit Reporter

The 'AI Blockchain Community (ABC)', an event exploring the synergy between artificial intelligence (AI) and blockchain technology, was held on the 19th in Gangnam-gu, Seoul, hosted by Web3 venture capital Spacebar Ventures and Web3 accelerator INF CL. Key speakers at the event emphasized the importance of integrating AI and blockchain.

Ilya Polosukhin, co-founder of NEAR Protocol, who took the stage with the theme 'User-Owned AI', pointed out that the current AI industry is centralized and expressed the need for decentralization through blockchain technology.

Co-founder Ilya stated, "Most of the AI used by people is controlled by a few large companies. Users have no way of knowing what data and algorithms are used to create that AI," adding, "As AI's impact on our lives grows, it becomes more important for AI to be owned by individuals. AI should benefit users and not merely serve to generate corporate profits."

He emphasized, "We need to return AI ownership to individuals through decentralized AI. People should be able to control their own data and assets," adding, "To achieve this, elements such as connecting blockchain, the source of trust, with AI are necessary."

He continued, "NEAR Protocol is developing various layers to build a blockchain ecosystem for AI," adding, "We aim to provide infrastructure that connects AI, blockchain, and the internet in new ways, such as 'INTENTS', which assists on-chain transactions using AI."

Eiji Mi, head of Google Cloud's Web3 business in Korea, giving a lecture at the 'AI Blockchain Community' held in Gangnam-gu, Seoul on the 19th. / Photo=Hwang Doo-hyun, Bloomingbit Reporter

Eiji Mi, head of Google Cloud's Web3 business in Korea, revealed in a lecture titled 'Google Cloud for Web3 and AI' that Google sees blockchain as the next-generation internet and is focusing on AI development for blockchain.

He stated, "The reason we focus on blockchain and Web3 is simple. We see it as the next evolution of the internet," adding, "The development of the blockchain industry resembles the growth of the internet in the past. Google Cloud believes it can contribute by building stable infrastructure."

He also emphasized that the combination of blockchain technology and AI can solve problems in each field. He explained, "By utilizing blockchain technology, we can verify whether AI is using the correct models and data and distinguish whether the provided data is fake," adding, "Additionally, token incentives can be introduced to encourage participation in AI development."

He continued, "AI can also be used to convert complex blockchain data into natural language. AI agents that support tasks such as automatic token trading are another example of AI and blockchain integration," adding, "Google Cloud is also developing a console 'ASK ETH' to assist in analyzing Ethereum (ETH) data."