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Token2049, a conference in Singapore, revealed new developments in artificial intelligence (AI) and the Web3 ecosystem. Blockchain network aelf and decentralized AI platform Gaia held an event highlighting AI-enabled blockchain processes and potential applications. The event also discussed the future of fully decentralized AI, addressing challenges such as data ethics and trust in AI algorithms. Attendees received cryptocurrency and had access to interactive experiences, bolstering discussions about the role of AI and blockchain in Web3 innovation.

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Token2049 in Singapore got everyone in the blockchain, crypto, and Web3 worlds talking. Known as one of the best conferences for uncovering the latest trends and breakthrough ideas, the event once again unveiled many exciting things. A highlight was a special segment focused on the future of artificial intelligence (AI) and the Web3 ecosystem.

aelf, a blockchain network enhanced by AI, and Gaia, a decentralized AI platform, got the party started with their Hello [AI] event. It brought together die-hard fans of AI, blockchain gurus, developers, and Web3 leaders in the hip SKAI Loft at the Swissôtel. Big names like Google Cloud, Microsoft, Near, and Sapien were also in the mix, signifying the role AI and blockchain can play in digital innovation.

Brian Liang, who runs the operations for aelf, kicked off the event by talking about the important role of community engagement in shaping the future, using new developments from aelf as examples. He also touched on aelf’s new AI-powered audits for smart contracts, basically a way to make blockchain processes more efficient. aelf’s plans to roll out an AI oracle and tools for natural language processing, making smart contract creation simpler and more user-friendly, also got everybody buzzing.

After Liang’s presentation, the discussion moved on to a panel about real-life blockchain apps, driven by AI. The panel, curated by Khaniff Lau of aelf, wasn’t just a boring tech chat. It had industry big shots, like Sydney Lai from Gaia, Steve Shirkey from Microsoft, Chris May from Sapien, and CC Chen from Google Cloud. They unpacked practical examples and potential apps, and the challenges of applying AI in decentralized apps.

In a more intimate chat, Khaniff Lau, Emad Mostaque, the founder of Schelling AI, and Luki Song from Chainbase explored the future of decentralized AI. This wasn’t just about AI’s place in decentralized systems. It was about how AI could work in a fully decentralized way. A big part of the chat was about how blockchain could address issues like data ethics and building trust in AI algorithms. They also touched on the infrastructure needed to support decentralized AI, reshaping the AI-blockchain environment.

Fun elements, like an AI photo booth that produced futuristic portraits and a voting system for party music, added icing to the cake. Not only that, attendees got Crypto Boxes loaded with ELF tokens from Portkey, a new account abstraction wallet on the aelf blockchain, and SGR tokens from Project Schrodinger, known for its AI-powered 404 non-fungible token (NFT) collections.

All in all, Hello [AI] led the way for insightful discussions about the future of AI and blockchain in driving Web3 innovation. aelf’s mission to propel decentralized AI was obvious, inviting more innovators to jump on board in creating a smarter, more interlinked digital world.

Source: Cointelegraph