30s Summary
Venture capital firm Andreessen Horowitz expects advancements in AI and blockchain, including AI-controlled wallets, automated chatbots, and identity verification systems. The firm also predicts an increase in the use of stablecoins for everyday transactions, replacing credit cards. Further possibilities include individuals tokenizing their biometric data for income and governments issuing debt on blockchain. The company, which has heavily invested in over a hundred blockchain startups is also expecting a rise in ‘out-of-the-box’ assets appearing on the blockchain and a move toward more automated corporate structures.
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Venture capital giant Andreessen Horowitz (a16z) has shared some insights on what they think the crypto scene will look like this year. They’re looking at how tokenization (turning things into digital assets via blockchain) and artificial intelligence might be the next big things to hit the crypto world.
According to a16z’s report, they’re expecting some cool advancements in areas where AI meets blockchain. They think we could see things like wallets controlled by AI, automated chatbots, and systems that can verify if you’re a real person or not.
These chatbots could be used in ways like managing online content and assets, meaning they could potentially become first ‘advanced automated corporation’: “Running on a bunch of nodes controlled by a consensus protocol, the chatbot could even become the first truly autonomous billion-dollar entity.”
Another trend that they think we might see more of is to do with something called stablecoins, which are often tied to traditional currency like the US dollar. These types of crypto have been booming in recent times, being used for global payments. Starting from this year, a16z think that we might be using these stablecoins more and more for everyday payments, replacing credit cards: “Small and medium-sized businesses, like restaurants and coffee shops, with strong brands and customers, might be the first to switch from credit cards.”
The company, which manages a whopping $44 billion in assets, is heavily involved in the world of Web3 and has backed over a hundred blockchain startups.
As we move further into 2025, more ‘out-of-the-box’ assets might start to appear on the blockchain. This could mean that things like your own biometric data (fingerprint, facial recognition data, etc.) could be digitalized and turned into a source of income.
“Individuals could tokenize their own biometric data; and then lease the information through smart contracts to companies,” they noted in their report.
They also highlighted the possibility of government bonds being sold on blockchain, a trend that has been gaining momentum since the previous year. Going forward, a16z predicts that government themselves may start issuing their debts (bonds) on blockchain.