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Bitcoin Virtual Machine Unveils Truly Open AI: Bringing Artificial Intelligence to the Blockchain

Mar 20, 2024

Bitcoin Virtual Machine Unveils Truly Open AI: Bringing Artificial Intelligence to the Blockchain
Bitcoin Virtual Machine Unveils Truly Open AI: Bringing Artificial Intelligence to the Blockchain
Bitcoin Virtual Machine Unveils Truly Open AI: Bringing Artificial Intelligence to the Blockchain

Bitcoin Virtual Machine (BVM), a layer 2 project for Bitcoin, is set to introduce Truly Open AI, enabling users to deploy AI models on the blockchain for utilisation in crypto applications. This platform will allow users to create and monetize their AI models, earning revenue when others utilise their models or by selling the entire model. Developed in collaboration with Filecoin, Near, Avail, Polygon, and Syscoin, the storage model for these AI models is expected to provide robust infrastructure. The initiative aims to leverage the potential of AI within the crypto space, offering a novel approach to integrating AI capabilities onto the blockchain. While some skeptics question the feasibility of AI running on a blockchain, BVM's development signals an attempt to bridge these technologies and explore new avenues for innovation within the cryptocurrency ecosystem.