Everything is NFT: Richard Boase talks AI and blockchain on CoinGeek Backstage.

“This is my new catchphrase: Everything is an NFT,” says serial blockchain entrepreneur Richard Boase. In an interview with CoinGeek Backstage, he discussed how artificial intelligence (AI) and blockchain intersect, and why only an infinitely scalable network like BSV can support AI integration.

Boase was a guest speaker at AI Forge’s ‘Introduction to AI and Blockchain Masterclass’ in London, where he discussed how the two underlying technologies are integrated.

In his presentation, Boase explored the idea that anything can become a non-fungible token (NFT).

“Maps are NFTs, cars are NFTs, and people are NFTs. More importantly, any work product can potentially become an NFT. The output of AI could be NFTs. Everything you produce can be tokenized, owned, transferred, and traded. The possibilities are endless,” he told CoinGeek Backstage reporter Becky Liggero.

Blockchain protects privacy, he added, and in today’s digital world, this is a privilege that most platforms no longer offer.

Unlike most other digital payments, BSV payments exclude personally identifiable information from payment data.

“You can choose to provide your data to the seller, but this is done privately. In the world of digital cash, blockchain transactions are more private despite being on a public network.”

Boase added that this ignores most of the privacy concerns raised by critics of CBDCs. In some countries, such as the United States, opponents of CBDCs have dismissed them as surveillance coins that governments will use to further their agendas, but Boase said this would not be the case.

“If your identity is private, you have a higher level of privacy when interacting with some products and services,” he said.

Blockchain also allows for distributed computation, reducing the cost of resource-intensive AI operations, Boase added.

“When you go across the Bitcoin-based internet, all the security architecture is enforced by default,” Boase said.

Boase said he is working on generative cards produced by AI for consumers to purchase and resell.

For artificial intelligence (AI) to function properly within the law and succeed in the face of growing challenges, it must integrate enterprise blockchain systems that ensure data input quality and ownership. This helps keep your data safe while ensuring immutability. data. Check out CoinGeek’s coverage To learn more about this new technology Why enterprise blockchain will become the backbone of AI.

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Are you new to blockchain? To learn more about blockchain technology, check out CoinGeek’s Blockchain for Beginners section, our ultimate resource guide.