As artificial intelligence advances, Bernstein analysts stress that integrating micropayments into cryptocurrencies is crucial to avoid financial bottlenecks in the AI sector.
Current financial systems that rely on regional networks and traditional payment methods face significant AI challenges.
Traditional banking and credit systems require identity verification, which is missing in the AI sector, making integration into these frameworks difficult.
Gautam Chugani von Bernstein Claimsthat the real obstacle is the inability of traditional finance to process small payments efficiently.
AI systems may need to perform multiple small transactions, such as streaming data or content, but the high cost of traditional payment systems makes this impractical.
Cryptocurrencies offer a solution by enabling low-cost, instant transactions suitable for AI needs. With the help of crypto wallets and advanced technologies such as zero-knowledge (ZK) proofs and blockchain scaling, it is possible to effectively support micropayment needs for artificial intelligence.
