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Blockchain Dominates at Exponential Finance event

Singularity University talked about AI and Blockchain

Hosted by Singularity University Exponential finance event talks about technologies classified as exponential because of the way they will grow and improve over time. Amin Toufani, President of Strategic relations at Singularity University spoke about the intersection between Artificial Intelligence and Blockchain. Toufani described a future he sees where smart contracts executed on a blockchain clear up traffic jams and much more. As he explained, “What if your car offered some bitcoins to the car in front of you? And if and when the cars clear the lane the contract is settled? Enforcement is automatic; you do not need to trust the cars in front of you.”

Other blockchain speakers on the agenda include Nuco CEO Matthew Spoke; Deloitte principal Eric Piscini; BitNation partner Toni Lane Casserly; vice chair of the board at Blockchain Canada, Anne Connelly; and DLT Education founder, Robert Schwentker. Singularity University professor Toufani argued that blockchain could end up being a financial layer that helps connect all via increasingly sophisticated smart contracts. He concluded, “Blockchain technology is showing us a path to where you can bypass both. Enforcement is automatic and your can trust you counterparty.”

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