The 4 in 1
By Munish
Masterclass
Batra
The Synergy of AI, Web 3, Blockchain &
Cryptocurrency
Session Overview
Basics of AI,
Web3,
Blockchain,
Artificial
Intelligence
AI is the simulation of human (AI)
intelligence in
~IBM
machines that are programmed to think and learn
like humans.
In AI refers to computer systems or software that can perform
Simpl tasks that typically require human intelligence, such as
e understanding language, recognizing patterns, making
Terms decisions, and learning from data.
:
Example Chatbots (like ChatGPT), image
Application recognition, self-driving cars, and
s: recommendation algorithms (Netflix,
Amazon).
What is Artificial
Intelligence (AI)?
AI is the capability of a computer program or machine to think
and learn. It is also a field of study which tries to make computers
~Stanford University
'smart'."
In AI enables machines to mimic human intelligence by
Simpl learning from data, recognizing patterns, and
e making decisions. It’s like teaching computers to
Terms think and act intelligently.
:
Voice Assistants: Siri, Alexa, and Google Assistant.
AI in
Recommendation Systems: Netflix recommending
Everyda
movies based on your watch history, or Amazon
y Life:
suggesting products.
Self-Driving Cars: Tesla’s AI-driven autonomous
vehicles.
Some computers have now
crossed the exascale
threshold, meaning they can
perform as many
calculations in a single
In
second as an individual
Simpl
e could in 31,688,765,000
Terms
:
years.
Key Concepts in
AI
Machine
Learning
Machine learning is a subset of AI that
enables systems to learn and improve
from experience without being ~ IBM
explicitly programmed.
In Simple Terms: ML algorithms analyze and
learn from data to make predictions or
decisions without human intervention
Example: Spam filters that learn to
identify junk emails based on past
data.
Key Concepts in
AI
Neural
Networks:
Neural networks are computer systems
modeled after the human brain that help
machines recognize patterns and
~ MIT make
Technology
decisions. Review
In Simple Terms: Neural networks process data
in layers to detect complex patterns, like
recognizing faces in images.
Example: Facial recognition on smartphones and
social media.
Key Concepts in
AI
Deep
Learning:
Deep learning is a type of machine
learning that uses layered neural
networks to analyze large amounts ~ofIBM
data.
In Simple Terms: Deep learning is a more advanced
form of ML that excels in tasks like image and
speech recognition by using large datasets and
complex algorithms.
Example: Google Photos can automatically tag
people in images by learning their facial
features.
Introduction to Generative
AI
Generative AI refers to algorithms that can
generate new content, such as images, text,
and music, based on patterns in existing data.
~OpenAI
Generative AI creates original content by
In
learning from large datasets. It can produce text
Simple (like ChatGPT), images (like DALL-E), music, and
Terms: even videos.
Text Generation: ChatGPT creates human-like responses in text-based
Examples in conversations.
Everyday Image Generation: DALL-E generates unique images based on text
Life: prompts.
Music and Art: Jukedeck (now acquired by TikTok) creates AI-composed
music, and Artbreeder allows users to create unique images by blending
Real-Life Applications of
Generative AI
Content Creation in Marketing
and Media:
Generative AI is widely used in creating
content for blogs, social media posts, and
advertisements.
Example: AI tools like Copy.ai and Jasper.
Personalization and
Recommendations:
Platforms like Spotify and Netflix use Generative AI to
suggest
personalized content for users based on preferences.
Example: Spotify’s AI-driven “Discover Weekly”
Art and
playlist.
Creativity:
Generative AI is used by artists to create unique
digital artworks and by designers for
prototyping.
Example: AI-generated artwork by artists like
Edmond de Belamy, which was auctioned at
Web 3.O
Web3 refers to the next generation of the internet,
which aims to decentralize control away from a few
big tech companies and return it to individual users.
~Web3
Foundation
Web3 refers to the next generation
In
of the internet, which aims to
Simpl
decentralize control away from a few
e
big tech companies and return it to
Terms
individual users.
:
Decentralized applications
Example (dApps) such as Brave Browser
Application for secure browsing, and
s: decentralized social media
platforms.
What is Web
3.O
Web3 is the next iteration of ?
the internet,
where data is decentralized and users have
more control over their digital lives. ~Web3
Foundation
Web3 represents a shift from the current internet (Web2) where
In
centralized companies control data, to a decentralized internet
Simpl
where users control their data, identity, and assets.
e
Think of Web3 as an internet that respects user privacy, with fewer
Terms
middlemen.
:
How Web 3 Differs from
Web2:
Web2: Centralized platforms (like Facebook, Google) store and control
user data.
Web3: Data is stored across decentralized networks (blockchains),
Popular Examples of Web3 in
Brave
Action
Browser: A privacy-focused web
browser that rewards users with
cryptocurrency (BAT) for viewing ads.
IPFS (InterPlanetary File System):
A decentralized file storage system that
reduces reliance on central servers.
Exciting
Tidbit:
Web3 and Privacy: In Web3, users can
decide what data to share, unlike in
Web2, where companies collect vast
amounts of data. This is especially
relevant with rising concerns over
privacy.
Core Principles of
DecentralizatiWeb3 Privacy and
on Security
Web3 uses blockchain Web3 minimizes data collection and
technology to store data focuses on secure, encrypted
across multiple nodes interactions.
(computers) rather than on a
single, central server. Example: ENS (Ethereum Name
Service) provides secure and
Example: Decentralized finance
private digital identities that can’t
(DeFi) applications enable peer to
be tracked or sold.
peer financial services without
banks.
Core Principles of
Web3 and
Data Ownership
In Web3, users own
Control
and control their
personal data and
digital assets.
Example: A decentralized social media platform like Minds
allows users to own and monetize their content directly,
without corporate control.
Exciting
Tidbit:
Wallets and Identity: In Web3, users have digital wallets (like
MetaMask) instead of traditional usernames and passwords,
providing both security and simplicity. These wallets can hold both
cryptocurrency and digital identity information.
Blockchain
Blockchain is a distributed ledger technology that
records transactions across multiple computers so
that the record cannot be altered retroactively
~Investope
dia
Blockchain is a secure, transparent digital
In ledger where data is stored in blocks that are
Simpl linked together in a chain. It’s designed to be
e tamper-resistant and decentralized, meaning
Terms no single entity has control over the entire
: network.
Example Cryptocurrency transactions (BTC, ETH),
Application digital identity verification, and supply
s: chain tracking.
What is
Blockchain?
Blockchain is a distributed ledger
technology that records transactions across
multiple computers in a secure, transparent,
~IBM
and immutable way
Blockchain is like a digital ledger that records
In transactions in blocks. These blocks are linked
Simpl together in a chain, making it nearly impossible
e to alter or hack.
Terms It’s decentralized, meaning no single entity has
: control. This setup enhances security and
transparency.
What is
Evolution of the TermBlockchain?
"Blockchain":
The term "blockchain" was first used in the early 1990s. Stuart Haber and W.
Scott Stornetta, two researchers, introduced a "chain of blocks" in 1991 as a
method to secure digital documents.
Although the term evolved over time, blockchain technology only gained
global attention with the launch of Bitcoin in 2008 by an anonymous entity
named Satoshi Nakamoto.
Exciting
Tidbit:
Historical Origins: Blockchain technology’s roots date back to 1991, when it
was developed as a solution to prevent tampering with digital timestamps.
This makes it a technology with over 30 years of history, long before Bitcoin
popularized it.
Introduction to
Tokenization
Tokenization is the process of
converting rights to an asset into a
digital token on a blockchain.
~Deloitte
In Simple
Terms:
Tokenization involves creating
digital representations (tokens)
of real-world assets like real
estate, stocks, bonds, or
commodities, which can be
traded on a blockchain.
Introduction to
Tokenization
How Tokenization
Works:
Assets are divided into fractions and represented by tokens on a
blockchain.
Tokens can be bought, sold, or traded, allowing for fractional
Example of Tokenized
ownership.
Assets:
Real Estate: Tokenizing a property allows multiple investors to own a
fraction.
Art and Collectibles: High-value art pieces can be tokenized, enabling shared
Exciting
ownership.
Tidbit:
First Tokenized Property: In 2018, a luxury condo in New York was
tokenized on the Ethereum blockchain, marking one of the first real
estate tokenization projects.
Recent Examples of
Tokenization
BlackRock's Entry into
Tokenization:
BlackRock, the world's largest asset manager, has shown significant interest in
tokenization.
In 2023, BlackRock's CEO Larry Fink stated that "tokenization of asset classes
offers the prospect of revolutionizing the asset management industry."
Initiative
s:
Exploring tokenized shares of funds to increase accessibility and liquidity.
Collaborating with fintech firms to develop blockchain-based platforms for
tokenized assets.
Tokenization of
Securities:
Traditional financial institutions are piloting tokenized stocks and bonds,
signaling a shift toward integrating blockchain in mainstream finance.
Real-World
Ondo Finance Tokens
(ONDO):
A DeFi platform aiming to bridge traditional finance and decentralized finance.
Tokenization Projects: Offers tokenized exposure to real-world assets like bonds
and loans.
Recent Updates: Launched tokenized U.S. Treasuries and bonds, allowing crypto
investors
Pendle Financeto access these traditional assets.
(PENDLE):
A protocol that enables the trading of tokenized future yield.
Innovative Approach: Allows users to separate and trade the principal and
yield components of yield-generating assets.
Recent Updates: Expanded support for more assets and integrated with
various blockchain networks.
Mantra DAO
(OM):
A community-governed DeFi platform focusing on staking, lending, and
governance.
Tokenization Efforts: Provides tokenized staking services and explores tokenizing
other assets.
Recent Updates: Involved in cross-chain tokenization projects, integrating with
Future Potential of Blockchain and
Tokenization
1. Expanding Financial
Inclusion:
Future Vision: Tokenization and blockchain-based DeFi
platforms are expected to bridge the financial inclusion
gap, giving billions of unbanked individuals access to
investment and savings products.
Why This Matters: With digital wallets and blockchain,
people in remote or underbanked areas can have
secure financial identities and access to the global
economy.
Exciting Thought: Imagine a world where a farmer in a
remote village can invest in real estate or take out a
loan with a few clicks, thanks to tokenized assets and
Future Potential of Blockchain and
Tokenization
2. The Rise of Tokenized Securities and Real-
World Assets:
Future Vision: By 2030, assets like stocks, bonds, real estate, and even
luxury goods could be widely tokenized, with trillions of dollars flowing
through tokenized markets.
Examples: Real estate tokens, tokenized luxury watches, and tokenized art
could be as common as shares on the stock market.
Why This Matters: Tokenization democratizes investment,
allowing people to invest in assets that were previously
out of reach.
Exciting Thought: You could own a fraction of a skyscraper in New York,
a Picasso painting, or a gold reserve without ever leaving your home.
Future Potential of Blockchain and
Tokenization
3. Blockchain in Government and
Voting:
Future Vision: Blockchain could reshape how governments
and voting systems operate by creating transparent and
tamper-proof records.
Example: In 2024, some local governments in the US have
experimented with blockchain-based voting systems to
improve election transparency and security.
Why This Matters: Blockchain-based voting could restore
trust in democratic processes and make remote voting
secure and accessible.
Exciting Thought: Picture casting your vote from your
Future Potential of Blockchain and
Tokenization
4. Gaming and Virtual Worlds in the
Metaverse:
Future Vision: Blockchain and tokenization are integral to the
metaverse, where virtual worlds and digital economies thrive.
Example: Players in games like Decentraland and The Sandbox
can own virtual land, buildings, and items as NFTs, with real
economic value.
Why This Matters: Blockchain enables ownership and trade of
digital assets, giving people real-world economic opportunities
in virtual spaces.
Exciting Thought: Imagine owning a virtual business or property
in the metaverse, where you can earn real income in a digital
Future Potential of Blockchain and
Tokenization
5. Tokenization’s Potential by
2030:
Market Impact: The World Economic Forum
predicts that by 2030, 10% of the global GDP
could be stored on blockchain, with trillions in
tokenized assets.
Real-World Examples: Tokenized assets, like
real estate and securities, are already
entering the market, and this trend will only
accelerate as blockchain becomes more
mainstream.
Why This Matters: Tokenization’s potential to
unlock trillions in liquidity could transform the
Your Digital Identity: Safe, Secure, and in
Your Control
Future Vision: Blockchain could create
secure, tamper-proof digital identities for
everyone. Forget passwords, IDs, and
complex verifications – your identity could
be verified in seconds.
Real-World Impact: From online shopping to
healthcare, you could securely control who
accesses your data.
Exciting Thought: Imagine arriving at the
airport, your blockchain ID instantly
verifying you at check-in, security, and
Cryptocurren
cy
Cryptocurrency is a digital or virtual
currency that uses cryptography for
security and operates independently of a
~Coinbase
central bank.
Cryptocurrency is a form of digital money that uses blockchain
In Simple
technology for secure, decentralized transactions. Unlike
Terms:
traditional currencies, it isn’t controlled by any government or
financial institution.
Bitcoin (BTC), Ethereum
Example
(ETH), and stablecoins like
Application
Tether (USDT) for stable
s:
value.
Cryptocurrency
AI Cryptos and
Purpose:
AI tokens power decentralized AI applications,
markets, and services.
Examples: Fetch.ai (FET) – a blockchain project
that combines AI and machine learning to power
decentralized digital economies.
Combining AI with
Blockchain:
AI’s intelligence meets blockchain’s security, creating
efficient, transparent systems.
Example
Examples: Ocean Protocol uses AI to analyze vast
Application
datasets securely on a decentralized network, especially
s: for data-rich industries like healthcare.
