Blockchain and artificial intelligence technologies are paving the way for new income-generating approaches across various industries. This is highlighted in a report by cryptocurrency exchange OKX and Blockworks Research, shared with ForkLog by the authors.
The proliferation of decentralized applications and other crypto products is seen as a key growth driver, according to experts.
“Most financial applications will move on-chain. Imagine billions of people freely transacting and fully controlling their assets. This will be the greatest contribution of cryptocurrencies to the development of the world,” noted OKX CEO Star Xu.
The document’s authors predict a rise in the synergy between AI technologies and cryptocurrencies. Neural networks will enable more efficient programming and error elimination, while cryptocurrencies will provide incentives for training and launching LLM.
AI will significantly accelerate the development of blockchain applications. Autonomous agents capable of conducting economic operations using cryptocurrencies will emerge.
At this stage, startups and developers are exploring how blockchain can decentralize the development of AI systems.
Rich Widmann, Head of Web3 Strategy at Google, emphasized that artificial intelligence can process vast amounts of unstructured blockchain data and create advanced search products, providing contextual information about transactions and smart contracts.
Experts noted institutional adoption of cryptocurrencies and advancements in tokenization. About two-thirds of surveyed financial companies are working on or planning to launch such tools. The sector could potentially unlock trillions of dollars from currently illiquid assets, the report states.
Other forecasts from the document include:
- In retail, blockchain will help reduce the time for verifying the origin of goods and optimize supply chains;
- Physical products will increasingly be supplemented with unique digital data on the blockchain for authentication and lifecycle tracking. Information in the distributed ledger will become the standard for verifying the authenticity of luxury goods, helping them retain their value;
- In the cloud solutions sector, the spread of hybrid models is expected, where centralized providers interact with decentralized networks;
- By 2027, 10% of global GDP will be stored and transacted using blockchain.
Back in May, Aptos Labs CEO Avery Ching stated that AI agents need access to blockchain assets—cryptocurrencies, tokens, and tokenized instruments like real estate.