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How to Use AI on Zora for Direct Crypto Trading Posts
According to Blockchain News, Zora has introduced a new feature that integrates AI to enhance crypto trading posts. This innovation allows users to create and post content directly on Zora, streamlining communication in the crypto trading space. By leveraging AI, traders can generate content that is immediately shareable on platforms like 4CLOL, potentially boosting engagement and market visibility.
Jesse Pollak, a key figure in the Web3 NFT collaboration between Oak Currency and 0xCity3, highlighted the potential of this integration. The use of AI in this context not only simplifies the process of content creation but also aligns with the growing trend of AI-driven tools in the blockchain ecosystem.
"Users can leverage AI to create and post directly on Zora, facilitating more effective communication in crypto trading." – Jesse Pollak
Key Takeaways:
- Zora integrates AI for direct crypto trading posts.
- Potential for increased engagement and visibility in the crypto market.
The Hidden Bias in Financial AI—Can Blockchain Solve It?
Crypto News explores the persistent issue of bias in financial AI systems and the potential role of blockchain in addressing it. Despite the promise of objectivity, financial AI tools often replicate systemic biases. For instance, a study by Lehigh University revealed that AI mortgage advisors required certain demographics to have 120 credit points higher than others for the same approval, despite identical financial profiles.
These biases extend to decentralized finance (DeFi) and crypto ecosystems, where AI-powered market forecasting tools can overreact to anomalies like the Terra collapse or FTX crash. The lack of transparency in AI decision-making, often referred to as "black box" systems, exacerbates the problem.
Blockchain technology, combined with Explainable AI (XAI), offers a solution by ensuring transparency and accountability. Immutable ledgers can log AI decisions, making them traceable and verifiable. For example, FICO has already utilized blockchain to log AI model decisions, earning recognition at the Banking Tech Awards in London.
Jawad Ashraf, a technology entrepreneur, emphasized the transformative potential of combining blockchain with XAI. This integration could enhance fairness, transparency, and accountability in AI models, particularly in the web3 ecosystem.
"Combining XAI with on-chain verification can transform how decisions are made and trusted in the web3 ecosystem." – Jawad Ashraf
Key Takeaways:
- Financial AI systems often replicate systemic biases.
- Blockchain and XAI can enhance transparency and accountability.
- FICO has successfully implemented blockchain for AI decision logging.
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