- Changpeng Zhao emphasizes integrating AI and blockchain to enhance efficiency and enable instant crypto payments for global low-cost labor.
- Zhao calls on developers to build tools for BNB Chain Greenfield, aiming to expand impactful blockchain and AI applications.
Changpeng Zhao, Binance’s founder, has underlined the potential of combining artificial intelligence (AI) with blockchain technology to transform data tagging operations.
Because AI tagging—or more generally, AI data operations—allows worldwide low-cost labor without geographical restrictions, he noted that this is especially suitable for blockchain deployment. Using crypto, this method also allows immediate micropayments that fit the decentralized ethos of the crypto sector.
AI tagging (or AI data in general) is well fitted to be done on-chain. Harness low cost labor globally without geographic bias, (micro) pay them in crypto instantly. @BNBCHAIN Greenfield provides the storage capacity. More tooling still needs to be built. Let's build them.
— CZ
BNB (@cz_binance) November 27, 2024
BNB Chain Greenfield: The Backbone for AI and Blockchain Synergy
Zhao especially pointed to BNB Chain Greenfield as a fundamental component in this idea since it provides the required storage capacity for such projects. He did admit, though, that the present infrastructure is not yet whole and calls for the creation of more instruments.
Emphasizing developers and inventors, Zhao urged the blockchain and crypto communities to unite to create the needed answers, therefore attesting to Binance’s dedication to stimulate creativity in this space.
Combining artificial intelligence with blockchain marks a major technological integration advance. Together with artificial intelligence’s data processing power, blockchain transparency, immutability, and decentralized character could lead to fresh efficiencies in fields including data administration and processing.
Real-time crypto rewards for contributors provide still another degree of inclusiveness and efficiency. However, realizing this goal will require overcoming major obstacles, including guarantees of scalability and the creation of strong tools to enable these linkages.
Zhao’s emphasis on long-term invention is not novel. Following his September 2024 release from U.S. detention, he restated his plan to aggressively invest in transforming technologies, including blockchain, artificial intelligence, and biotechnology.
These calculated moves seek to guarantee that Binance and its ecosystem stay leading edge technologically advanced. Zhao’s idea of a flawless mix of blockchain with artificial intelligence mirrors his more general objectives of developing powerful uses for the crypto sector.
On the other hand, CNF previously revealed that Zhao has voiced worries about the rising memecoin popularity, characterizing them as quite unusual. He has exhorted the crypto community to turn its attention once more on creating actual, useful applications.
