Bitcoin can bring 'cause and consequence into cyberspace', boost security — Michael Saylor

Bitcoin whitethorn beryllium the reply to combat cybersecurity threats driven by artificial intelligence, specified arsenic deepfake, said Michael Saylor, enforcement president of MicroStrategy, during a caller interview with Kitco News.

Saylor illustrated his views utilizing societal media accounts created by robots arsenic an example. According to him, billions of fake accounts are down a integer "civil war" successful today's society, stirring up hatred among existent users of integer platforms.

"The hazard successful cyberspace is I tin rotation up a cardinal fake people, and I tin make a civilian warfare by having the fake Republicans hatred connected the fake Democrats, oregon the existent Democrats. Having the fake Democrats hatred connected the existent Republicans," said the tech enforcement erstwhile discussing however artificial quality and different next-generation technologies volition marque deepfake cheaper and harder to detect.

Michael Saylor during interrogation astatine the Bitcoin 2023. Source: Kitco News

According to Saylor, who has implicit 3 cardinal Twitter followers, helium receives astir 2,000 fake followers each day. "I virtually saw successful a substance of 1 hour, 1500 bot accounts got scrubbed disconnected my account, and they were bots. So, we tin nary longer unrecorded with that presumption quo," helium continued. The enforcement believes the solution for deepfake and different integer spot issues lies successful decentralized identities (DIDs).

A decentralized identity is simply a self-owned, autarkic individuality that enables trusted information exchange. In different words, it is simply a mode to verify and power an online individuality and idiosyncratic information.

"If idiosyncratic wants to motorboat a cardinal Twitter bots, that's going to outgo them a cardinal transactions [...]. By combining the powerfulness of cryptography with the powerfulness of a decentralized crypto web similar Bitcoin, we tin bring outgo and effect into cyberspace," helium explained.

Saylor's Microstrategy is 1 of the companies moving connected encrypted signatures for societal users and firm solutions. The CEO of Open AI, Sam Altman, is besides processing exertion for impervious of personhood with his crypto project, Worldcoin. To physique decentralized recognition tools, the institution closed a $115 cardinal money circular past week.

Similarly, layer-2 protocol Polygon launched a decentralized individuality solution successful March. Powered by zero-knowledge proofs (ZK proofs), it uses cryptographic techniques to let users to verify their individuality online without having their delicate accusation passed oregon perchance stored with a 3rd party. The merchandise came retired astir a twelvemonth aft announcing its development.

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