AI Which means Artificial Intelligence is a sector that people are beginning to put interest on and it’s seems like it’s rubbing off on crypto pretty good, so it’s right to see how this captivating technology can be used in the decentralized finance sector of crypto. So artificial intelligence is like putting human’s intelligence into work artificially, out side the human body, implementing this on a blockchain will make decentralized financing way easier and better.  [source](https://unsplash.com/photos/t1PaIbMTJIM) Decentralized financing is the way of performing financial activities without third party, through the help of smart contracts, while this is great, adding AI to it just helps us interact with it much more better. Interacting with DeFi through AI makes financing more relatable and understandable because it’s like interacting with a human but not a human, it’s just a computer program. For instance, you can interact with DeFi through AI in market prediction, imagine having a reasonable conversation with DeFi and analyzing the future outcome of the market, with AI stating and giving you all the facts of what might go right or wrong in the market. If you like it can make a trade for you based on its best judgements but you know the risks. Detecting DeFi error is another useful feature to be found when AI gets implemented on DeFi. Lots of errors occur in the financial markets and this error could include fake trading volumes of trading platforms. Everyone is trying to play smart and trying to outsmart one another so they can make the biggest profit and they don’t care how they do it, or what it takes, it’s the job of the AI to detect fraudulent activities like this. When AI detects this, it can warn the users or get their attention to things like this. We have watched movies of how AIs get depicted, we have seen cases of AI giving advice to people, especially relationship advise, but instead of relationship advise, AI is giving you financial advise on how to manage your portfolio. Making words less complicated and bringing it down to lay man’s terms for full understanding. Making people feel more connected with the blockchain as they can interact with the blockchain through AI. Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@readthisplease/ai-and-defi-implementation)
author | readthisplease |
---|---|
permlink | ai-and-defi-implementation |
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drax | 0 | 178,907,078,736 | 40% | ||
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paragism | 0 | 1,464,215,666 | 50% | ||
break-out-trader | 0 | 45,117,015,886 | 100% | ||
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krunkypuram | 0 | 2,941,688,654 | 75% | ||
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crypt0holics | 0 | 526,593,149 | 20% | ||
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The AI when introduced to defi seems to have so many positives. The technological world is fast growing and maybe it’s time for AI to replace smart contacts. I personally is looking forward to the AI helping to detect errors in the market so that I’m not caught in a false pump or dump. Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@yahuzah/re-readthisplease-24ewhh)
author | yahuzah |
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permlink | re-readthisplease-24ewhh |
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