Texas A&M Professor to Launch Bitcoin Analysis Institute

Korok Ray, Bitcoin researcher and Affiliate Professor on the Mays Enterprise College at Texas A&M College, introduced plans to launch The Bitcoin Analysis Institute to drive educational analysis on the intersection of Bitcoin and synthetic intelligence.

On the MicroStrategy World: Bitcoin for Corporations 2024 occasion, Ray made observe of Bitcoin’s potential to allow safe multi-party computation (MPC), providing the instance of poker gamers agreeing on the state of a specific sport as a primary type of computation.

He expanded this instance to incorporate deep neural networks and agent-based reinforcement studying, whereby artificially clever brokers might collectively carry out computations within the context of the Bitcoin blockchain. Ray’s imaginative and prescient made observe of recent developments within the Bitcoin ecosystem similar to BITVM, which permits off-chain Turing full computation, as within the case of MPC, to be verified on Bitcoin.

Ray went on to suggest his thesis, describing Bitcoin and AI mixed as “The Undiscovered Nation”:

Korok Ray at MicroStrategy World: Bitcoin for Companies 2024

“The final word use case of Bitcoin in say one-hundred, two-hundred or five-hundred years, won’t be people, however machines…  as we’re at [this] wave of large technological progress, I consider the most important alternative might be deep integration between machines and the complete Bitcoin community at completely different ranges.”

“The Bitcoin Analysis Institute is actually to attach these two areas of analysis and growth and produce Bitcoin along with loads of the key advances in AI,” Ray defined. “There may be a military of researchers and college on the market, and we want [to bring] the most effective minds onto Bitcoin to make this a actuality.”

For extra areas of analysis, Ray famous the potential rise of Chaumin mints as a way of scaling bitcoin funds, in addition to the necessity for safe prediction markets enabled by Bitcoin, an innovation which will result in extra environment friendly insurance coverage and monetary merchandise.

Ray’s speech additionally acknowledged the legacy of educational achievements in pc science which have led to each the creation of Bitcoin and synthetic intelligence, suggesting that the 2 will construct upon this success in analysis to drive innovation throughout all sectors of the financial system.

Watch Korok Ray’s speech on the MicroStrategy World: Bitcoin for Companies Livestream hosted on the Bitcoin Journal YouTube, Twitter and LinkedIn.

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