Key Takeaways
- Korok Ray launches The Bitcoin Research Institute at Texas A&M.
- The institute will focus on merging Bitcoin with AI technologies.
- Ray envisions a future where Bitcoin extensively powers machine interactions.
At the MicroStrategy World: Bitcoin for Corporations 2024 event, Texas A&M’s Associate Professor Korok Ray revealed plans for The Bitcoin Research Institute.
The initiative aims to explore the integration of Bitcoin with artificial intelligence technologies.
Exploring new frontiers
Ray highlighted Bitcoin’s potential in secure multi-party computation, using poker as an example of basic computation. He further discussed the application of Bitcoin in deep neural networks and agent-based reinforcement learning.
Bitcoin’s role in future technologies
During his presentation, Ray proposed the concept of “The Undiscovered Country,” envisioning a future where machines utilize the Bitcoin network extensively.
He emphasized the institute’s goal to merge significant advancements in AI and AI Tools with Bitcoin, enhancing research and innovation.
Additional research opportunities
Ray also mentioned emerging Bitcoin technologies like Chaumin mints and the potential for secure prediction markets.
These innovations could transform payment scalability and financial services, including insurance.