AI Integration in DeFi
AI’s integration with DeFi is driving a new wave of financial innovation. By leveraging its data-processing and decision-making capabilities, AI is set to transform how DeFi protocols function, bringing revolutionary changes to the financial landscape. Understanding AI and DeFi Before diving into the integration, let’s briefly recap what AI and DeFi entail: 🦾 Artificial Intelligence (AI): AI refers to the simulation of human intelligence in machines, enabling them to learn, reason, and solve problems. AI encompasses various techniques such as machine learning, natural language processing, and computer vision. Decentralized Finance (DeFi): DeFi is a rapidly growing financial ecosystem built on blockchain technology. It aims to provide financial services without intermediaries, offering greater transparency, accessibility, and security. DeFi protocols utilize smart contracts to automate processes and ensure trustless interactions. Potential Applications of AI in DeFi Risk ...