A full time IT guy with keen interest in Crypto, Poetry etc who loves problem solving and always thinking about how to make things easy, so here I am blogging.
The AI story is getting a lot of hype. OpenLedger is one such project riding much more than others during this parabolic rise. AI has been popular with the bigger audience. AI is now being used in market search engines, trading tools and even on mobile applications. All the big tech companies have put all their resources into AI since they believe that AI will become an industry of their own. The concerns still include the fear of centralization. Advanced AI systems are under control by corporate companies. What is being done is controlling the individuals on production of some digital data, computing the power of the AI system along with the same framework to develop decision-making ability. Many view this as being a long-term problem, for AI can chip away at things remotely connected with human communication, finance, or learning. That's where the AI-related blockchain projects get really interesting. OpenLedger doesn't only want to marry AI with the blockchain; it wants to create an ecosystem of such systems. The users will provide datasets and computing power and facilitate an AI solution without having to rely on any corporation. Communities can contribute to building and sustaining AI networks; it's not corporations. This very theme fits right into one of the long-term prospects of cryptocurrencies: decentralization. The market has already taken an interest in crypto projects regarding AI. When the story about AI picks up pace, money often moves in fast. The major characteristic that makes OpenLedger attractive is the timing of the project itself. Currently, both blockchain and AI are rapidly growing. Many believe that the next generation of the internet will be built around decentralized AI systems in which users have control over their own data, privacy and infrastructure instead of relying solely on centralized technology companies. The OpenLedger project fits very well into this expanding picture. The focus of the project is to establish a contributing system where all participants can directly access the AI ecosystem as opposed to being simply users. In such a system, more open access will exist, and participants such as programmers, data providers and those providing the infrastructure will all be contributing to build a support system for the entire network. This concept resonates with what is prevalent within cryptocurrency culture — decentralization has been one of the primary objectives of blockchain technology. This is why many participants in the cryptocurrency market are looking at AI infrastructure stories as an opportunity to invest during this trend. At the same time, it is also necessary to note that the projects in this category are considered high-risk. Fast-moving technology. Highly competitive. For me this is good project and what they are trying to achieve a good step towards making crypto a whole lot better and helps create a perseption that crypto not just about token, meme token it's a out solving problems that we cannot in a traditional financial system. Leta hope for the best #openledger $OPEN #BinanceSquare #altcoins
OpenLedger is one of the most interesting projects in AI and blockchain in crypto today.
OpenLedger is about decentralizing AI infrastructure. Not allowing a few big companies to control AI. It allows people to contribute data, models and computing power in a more open system.
With increasing interest in decentralized AI this project gets even more attractive. As more and more people are taking up AI around the world many are looking for blockchain projects that are tied to this trend.
“Early days in the project, so risk is higher.
But if the interest in AI continues to grow this cycle, OpenLedger could be a project to keep an eye on.
#genius $GENIUS PN -1 Recently you might have seen Biance listing token called $GENIUS token so you must be wondering what is this genius token and which project it is associated with, so let me tell you that genius token is basically the native token of Genius Terminal, many of you might not be familiar with the genius terminal so basically, Genius Terminal is a non-custodial platform where user can trade different assets, bridges etc, So after reading this you might be thinking that, okay, this is just a desk like any other Dex.
But here's the interesting thing when you perform any trade on a decentralised platform when you have to switch between multiple wallets depending on the network you are using and you have to work with the multiple user interface to execute a single trade, but genius terminal is not like any other decentralised platform it provides a single platform to address this issue by consolidating on chain markets, portfolio management and execution tools into one interface which is according to me a genius product.
In short, We can say genius terminal is a professional on chain trading platform that connects multiple decentralised exchange across multiple blockchains which includes major blockchains like Ethereum, Solana and BNB chain and many more.