AI is ‘going to drive crypto like crazy’, former Binance chief says
The adoption of artificial intelligence is set to supercharge the use of cryptocurrencies globally, the former head of the world’s largest crypto exchange Binance said.
Technology is growing rapidly, which in turn will support the use of blockchain, Changpeng Zhao, commonly known as CZ, said at the FinTech Forward event in Bahrain on Thursday.
“I think AI is going to drive crypto like crazy. AI will facilitate like, 1,000 or a million times more transactions for everyone in the world,” he said.
“AI can only use a blockchain; it is not going to be able to use credit cards … so AI is different as a tool, but finance will happen on the blockchain. I think there are many, many different areas for growth.”
Cryptocurrencies, as an…
