Navigating the AI Frontier in Web3

The Rise of AI Tech

Technology is entering a new era, and AI and machine learning will be at the center of those changes. By 2030, AI could add a whopping $15.7 trillion to the global economy, boosting global GDP by 14%. As databases and identity management systems improve alongside AI, smart software is becoming even more important.

Machine learning is transforming everything from cloud computing to networking, reshaping the basics of software. In contrast to traditional rule-based approaches, deep learning algorithms are trained by using multiple datasets to refine their performance over time.

This step-by-step method helps AI programs understand tricky patterns and connections in data, enabling them to do specific tasks well and accurately.How does AI play role in web3 and vice versa? Let's dig deeper.

What Is Web3 AI?

In simple terms, Web3 AI is when we combine decentralised web tech with artificial intelligence smarts. This means creating apps and platforms that work on a decentralised system and can think and adapt like humans.

When we add AI to Web3, we're not just adding a feature. We're changing how decentralised platforms work from the inside out. By letting AI access and analyse clear and approved data, we can get insights, make decentralised processes better, and make dApps quicker to respond.

For instance, we can have AI-powered smart contracts that make decisions based on data, making things work better and opening up new possibilities.

Blockchain tackles the core trust issue in AI data

Big data has been key in accelerating the growth of AI. With the proliferation of data, AI has been trained to be more efficient and smarter.

However, there is a fundamental trust problem for AI: it becomes difficult to tell what data is real and what is fake.

As AI capabilities evolve, the need to prove content authenticity increases. This is where blockchain comes in, by providing a framework to anchor the authenticity of on-chain content.

In addition, blockchain tech also tackles the centralisation risk of AI by facilitating the decentralisation of AI infrastructure across companies and geographies and providing alternatives to big tech monopolies.

Web3 AI Projects That SubQuery Supports

Here are some of the AI projects that we are currently supporting/ are our customers:

Customers:

Fetch.ai: Fetch.ai open platform provides tools to build innovative AI apps and services
OriginTrail: OriginTrail is an open decentralised knowledge system of collectively ownable, discoverable, and verifiable units of knowledge, connected in a Decentralised Knowledge Graph.

Networks where SubQuery Supports Indexing:

Akash Network: Akash is an open network that lets users (primarily AI developers) buy and sell computing resources securely and efficiently.
Cudos: CUDOS is bridging the gap between cloud computing and blockchain, by providing the decentralised and sustainable computing resources to power innovation
Oraichain: Oraichain provides multidimensional trustworthy proofs of AI and enables secure integration with Web3

What’s Next?

In summary, AI's integration into Web3 holds great promise. By harnessing AI's abilities, Web3 projects and apps can improve user experiences, boost efficiency, and strengthen security.If you're a business or project owner, it's vital to explore Web3 AI initiatives. Doing so allows you to tap into AI's numerous benefits and stay ahead in the digital landscape.

SubQuery is throwing its weight behind AI to fuel the future of Web3. We already know the power of on-chain data, it’s a natural next step that we harness the capabilities of AI to bolster our infrastructure revolution.. stay tuned!

About SubQuery

SubQuery Network is innovating web3 infrastructure with tools that empower builders to decentralise the future. Our fast, flexible, and open data indexer supercharges dApps on over 170 networks, enabling a user-focused web3 world. Soon, our Data Node will provide breakthroughs in the RPC industry, and deliver decentralisation without compromise. We pioneer the web3 revolution for visionaries and forward-thinkers. We’re not just a company — we’re a movement driving an inclusive and decentralised web3 era. Let’s shape the future of web3, together.