The intersection of artificial intelligence (AI) and Web3 technologies is revolutionizing the way we think about finance, with blockchain at its core. This symbiosis is not only changing the way money moves but also enabling new forms of decentralized science funding, community-driven impact initiatives, and more inclusive financial systems.
DevConnect in Buenos Aires brought together 15,000 attendees from over 40 countries to explore the potential of Web3 technologies. The event highlighted the importance of AI in making blockchain user-friendly and accessible to a broader audience. Sessions focused on decentralized AI, smart contracts, and tokenized AI, demonstrating how these technologies can be used to promote fairness, security, and transparency in financial systems.
India, which has been at the forefront of Web3 adoption, is poised to become the world's largest blockchain developer hub, according to the Ethereum Foundation. The country's need for decentralized solutions to remittances, farming cooperatives, and other economic challenges makes it an ideal location for Web3 innovation.