Internet Computer (ICP) Plans Facial Recognition in AI Demo

As an experienced analyst, I am closely monitoring the developments in the blockchain and artificial intelligence (AI) sectors. The recent announcement by Internet Computer (ICP) founder Dominic Williams about integrating facial recognition into its AI smart contracts is a game-changer that merits attention.

As a researcher studying the latest developments in the technology world, I’ve come across some intriguing news from Dominic Williams, the founder of Internet Computer (ICP). He’s dropped a hint about incorporating facial recognition capabilities into their upcoming Artificial Intelligence (AI) demonstration.

This week’s global research and development will unveil an enhanced ICP execution environment, capable of supporting SIMD instructions. This advancement is expected to bring about significant speedups in decentralized AI applications, including the upcoming demonstration of a facial recognition smart contract on the blockchain.— dom.icp ∞ (@dominic_w) May 27, 2024

The Internet Computer has announced its intentions to incorporate facial recognition technology into its artificial intelligence smart contracts. This initiative is designed to boost the functionality of real-world applications. By blending advanced AI capabilities with decentralized blockchain technology in this manner, The Internet Computer is demonstrating a trailblazing approach within the industry.

As an analyst, I’ve had the opportunity to closely examine the advanced AI engine of the Internet Computer during its testing phase on ICP Testnets. This engine showcases the promising capability of autonomous and tamper-proof AI applications operating on a blockchain platform. With this significant achievement under their belt, Dfinity is now hinting at speed optimization as the next game-changing advancement to look forward to.

As a crypto investor, I’m excited about the latest development in the AI realm. SingularityNET (AGIX), (FET), and Ocean Protocol have announced their alliance, which they’ve named the Artificial SuperIntelligence (ASI) Alliance. We, as members of this coalition, are committed to creating cutting-edge products and services that can compete with tech giants like OpenAI and Google. Our collective efforts aim to push the boundaries of artificial intelligence technology and innovation.

In reaction to these latest occurrences, ICP experienced a gain of 1.67% to reach $12.32, while RNDR witnessed a significant jump of 1.54% to hit $10.14. The tokens belonging to the ASI Alliance exhibited growth as well, with FET, OCEAN, and AGIX registering increases of 2.68%, 2.5%, and 2.17% respectively, indicating a potentially positive trend for AI-related tokens.

The Internet Computer’s demonstration of facial recognition technology within its AI application represents a progressive stance on merging blockchain and artificial intelligence, ultimately expanding the practicality of these technologies in everyday life.

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2024-05-28 08:20