- A recent report by Cisco looked into how AI combined with confidential computing and a sustainable network that relies on a Directed Acyclic Graph (DAG) architecture like IOTA can be transformative.
- Cisco added that IOTA leads in efficiency as transactions are settled in seconds and have zero fees, eliminating the need for third-party payment processors.
The age of artificial intelligence, confidential computing and blockchain are upon us. While each is game-changing in its own way, combined, they are unstoppable and can transform our digital experiences. This is according to a new report by tech giant Cisco, which identified IOTA as the best network for this convergence due to its Directed Acyclic Graph (DAG) architecture.
The report by Pat Bodin and Mike Isaia examined how the recent popularity of ChatGPT has made AI the most sought-after technology globally. However, AI needs confidential computing to securely lock away data by isolating sensitive data.
The report noted that blockchain is an “unalterable ledger of truth.” Its immutability ensures trust and transparency, which the other two technologies need.
The authors wrote:
Now, envision a world where these three titans collaborate. AI, with its insatiable curiosity, seeks knowledge from data. Confidential Computing pledges to keep this quest secure and Blockchain stands as the unwavering witness, ensuring every step is transparent and trustworthy.
IOTA to Underpin AI and Confidential Computing
The three technologies complement each other perfectly, noted the authors. AI increasingly relies on federated learning, where AI systems learn from data as it’s held, ensuring its sanctity. Confidential computing ensures that all the learning points remain shielded, creating a secure enclave for AI everywhere.
According to the two authors, blockchain is “the chronicler of AI’s odyssey. Every learning step and insight gained is recorded, ensuring the journey’s transparency and authenticity.”
The two authors noted that IOTA stands out in the blockchain world, as Crypto News Flash has reported here, here and here. In this convergence, only a sustainable network can best serve users. With its Directed Acyclic Graph (DAG) architecture, IOTA is the best choice as it eliminates the need for mining, making it energy-efficient and low carbon-emitting. This has become more critical than ever as the world strives for net zero emissions and continues to explore low-emitting options in all spheres of life.
We are pleased to see Cisco writing about the convergence of #Blockchain and #AI and how DAGs like IOTA offer sustainability and efficiency. RWA’s are certainly going to be a great leap forward with economics over the next two years. However, we will also see AI and Blockchain…
— Tangle Community Treasury 🏦 (@TangleTreasury) March 6, 2024
The report further lauded IOTA for its efficiency, stating:
…the IOTA Blockchain transactions are settled in seconds and have zero cost transaction fees. This eliminates the need for third-party payment processors and reduces transaction costs for the manufacturer and its partners.
The authors described the convergence of the three technologies as akin to a symphony where each element may have a different note. Still, they come together to produce a harmonious melody.
“In conclusion, as we navigate the currents of technological evolution, the confluence of AI, Confidential Computing, and Blockchain lights the way, promising a future that’s not just advanced, but also secure and transparent,” they stated.
IOTA trades at $0.3337, shedding 3.73% in the past day for a market cap of $1.058 billion.
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