Texas A&M Professor to Launch Bitcoin Research Institute

Korok Ray, Bitcoin researcher and Affiliate Professor on the Mays Enterprise Faculty at Texas A&M College, introduced plans to launch The Bitcoin Analysis Institute to drive educational analysis on the intersection of Bitcoin and synthetic intelligence.

On the MicroStrategy World: Bitcoin for Firms 2024 occasion, Ray made notice of Bitcoin’s potential to allow safe multi-party computation (MPC), providing the instance of poker gamers agreeing on the state of a specific recreation as a primary type of computation.

He expanded this instance to incorporate deep neural networks and agent-based reinforcement studying, whereby artificially clever brokers might collectively carry out computations within the context of the Bitcoin blockchain. Ray’s imaginative and prescient made notice of recent developments within the Bitcoin ecosystem akin to BITVM, which permits off-chain Turing full computation, as within the case of MPC, to be verified on Bitcoin.

For extra on BitVM learn: “The Huge Deal With BitVM: Arbitrary Computation Now Attainable on Bitcoin WIthout a Fork” by Shinobi, Bitcoin Journal Technical Editor

Ray went on to suggest his thesis, describing Bitcoin and AI mixed as “The Undiscovered Nation”:

“The final word use case of Bitcoin in say one-hundred, two-hundred or five-hundred years, won’t be people, however machines…  as we’re at [this] wave of large technological progress, I imagine the largest alternative can be deep integration between machines and your entire Bitcoin community at totally different ranges.”

“The Bitcoin Analysis Institute is basically to attach these two areas of analysis and growth and convey Bitcoin along with a variety of the main advances in AI,” Ray defined. “There’s a military of researchers and college on the market, and we’d like [to bring] the most effective minds onto Bitcoin to make this a actuality.”

For added areas of analysis, Ray famous the potential rise of Chaumin mints as a way of scaling bitcoin funds, in addition to the necessity for safe prediction markets enabled by Bitcoin, an innovation that will result in extra environment friendly insurance coverage and monetary merchandise.

Ray’s speech additionally acknowledged the legacy of educational achievements in pc science which have led to each the creation of Bitcoin and synthetic intelligence, suggesting that the 2 will construct upon this success in analysis to drive innovation throughout all sectors of the economic system.

Watch Korok Ray’s speech on the MicroStrategy World: Bitcoin for Firms Livestream hosted on the Bitcoin Journal YouTube, Twitter and LinkedIn.