The Block Crypto News11 minutes ago

Published on July 23, 2024 17:58 GMT+00:00edited on July 23, 2024 18:01 GMT+00:00

House Majority Whip Tom Emmer said digital assets and artificial intelligence could enter into a "symbiotic relationship" in the future as the technology continues to mature. 

"The nexus between AI and digital assets seems necessary inevitable to me," the Minnesota Republican said. "In fact there could realistically be a future symbiotic relationship between the two." 

Specifically, blockchain technology could be used to improve data used in AI models, Emmer said on Tuesday during a House Financial Services Committee hearing titled "AI Innovation Explored: Insights into AI Applications in Financial Services and Housing." 

"I believe the convergence of blockchain and AI can not only improve the trustworthiness of data, but the decentralization of artificial intelligence …