From digital identity to outer space: Projects push crypto use cases

5 days ago

As the crypto abstraction developed, blockchain usage cases expanded from elemental integer currencies and non-fungible tokens (NFTs) to much analyzable areas specified arsenic integer individuality verification and telecommunications.

Ahead of the Token2049 lawsuit successful Dubai, Cointelegraph spoke with Spacecoin CEO Stuart Gardner, Spacecoin laminitis Tae Oh, and Humanity Protocol laminitis Terrence Kwok to research however they usage blockchain to amended definite industries.

From addressing challenges similar verification successful the artificial quality epoch to bringing net connectivity to processing countries, projects are integrating blockchain to lick problems successful antithetic industries.

Digital individuality verification to combat the AI threat

As artificial quality developed, the exertion brought improvements that radical could payment from. However, the exertion was besides adopted by malicious actors who utilized the tech to execute AI-assisted hack probe and deepfake scams.

Kwok told Cointelegraph that proving that you’re a quality seemed similar a “crazy” thought astir 2 years ago. However, today’s AI exertion has made it precise casual to fake being a existent human.

“As for content, you can't archer if it's AI-generated oregon not. Video deepfakes, you cannot tell, right? Even documents. It's ace casual present to usage AI to make a fake impervious of address, a fake impervious of equilibrium for your slope statement. I deliberation successful the aboriginal it's lone going to get worse,” helium said.

The enforcement besides said that successful the future, AI whitethorn besides beryllium successful the carnal satellite done humanoids that mightiness mimic quality beings. In 2024, Tesla's humanoid robot task was showcased connected societal media, highlighting developments successful humanoid robotics.

Kwok said that the improvement of robots underscores the request for quality individuality verification adjacent more. The enforcement said that this was wherefore they launched the Humanity Protocol, which uses blockchain tech for integer individuality verification.

“The net is filled with bots, you know, it's filled with AI agents. They're great, but there's besides a request to beryllium capable to verify and cheque whether thing oregon idiosyncratic is simply a idiosyncratic oregon not,” Kwok told Cointelegraph.

Decentralized outer web to combat the connectivity oligopoly

Apart from integer identity, blockchain exertion is besides being utilized to make a decentralized outer network.

Gardner told Cointelegraph that astatine the moment, the outer connectivity scenery is an oligopoly, a marketplace operation wherever the manufacture is dominated by lone a fewer ample players.

The enforcement pointed retired that Starlink and Amazon pb the race, portion the EU and China are catching up. However, the large occupation is that implicit 150 countries are lagging behind.

“They're going to go reliant upon moving with 1 of these oligopolies for their connectivity. And that poses a large contented for these people,” Gardner added.

On Nov. 1, Spacecoin unveiled a plan to motorboat a decentralized carnal infrastructure web (DePIN) done a fleet of nanosatellites successful space.

Oh told Cointelegraph that the Spacecoin thought came from the reflection that the abstraction manufacture is getting heavy commoditized. However, the enforcement said that it was imaginable for smaller companies oregon adjacent individuals to motorboat their ain satellites and commencement gathering constellations for connectivity.

The Spacecoin laminitis added that since antithetic radical oregon entities ain each satellite, it's fundamentally a "decentralized network."

The enforcement said that they integrated crypto into the task to person a "trustless means of outgo and information exchange." Oh said that this was wherever the blockchain comes in.