tritathadore
commented
1 year ago Project Angel
Web 3.0, often referred to as the semantic web, represents the next generation of the internet where information is interconnected in a meaningful way. It aims to create a web environment where machines can understand and respond to complex human requests based on their meaning. This is achieved through technologies like machine learning, natural language processing, and data mining.
Blockchain is a key technology that underpins Web 3.0. It is a decentralized and distributed digital ledger that records transactions across multiple computers so that any involved record cannot be altered retroactively, without the alteration of all subsequent blocks. This allows users to verify and audit transactions independently and relatively inexpensively.
When it comes to the £ sterling and blockchain, one could envision a scenario where a digital version of the pound is created, often referred to as a stablecoin. This digital pound would be pegged to the value of the physical pound and backed by real-world assets.
In the context of your question, these real-world assets could be advanced technologies like robotics, AI, IoT, AIoT, machine learning, and deep learning. These technologies are rapidly becoming valuable assets in their own right, due to their potential to revolutionize various industries, from manufacturing to healthcare, finance, and more.
For example, a company that owns a fleet of AI-powered robots used in manufacturing could use the value of these robots to back a blockchain-based digital pound. Similarly, a company that develops proprietary AI or machine learning algorithms could use the intellectual property value of these algorithms to back the digital currency.
This would create a digital currency that not only has a stable value (pegged to the pound), but is also backed by tangible, valuable assets. This could provide a level of confidence and security for users of the digital currency, knowing that their digital assets have a real-world value.
Installation
Provide step-by-step series of examples and explanations about how to get a development environment running.
pip install -r requirements.txt
038_VC_industry5_research_report.pdf