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- Bitcoin to benefit from AI courtesy of Lightning Labs’ new AI tools.<\/em><\/li>\n
- BTC dipped slightly after accumulation slowed down in the last few days, followed by some profit-taking.<\/em><\/li>\n<\/ul>\n
Artificial intelligence’s popularity this year has somewhat stolen some of Bitcoin’s [BTC]<\/a> thunder. Most of the attention that Bitcoin<\/a> previously held has shifted to AI, and the same goes for potential liquidity. But what if Bitcoin could also benefit from AI integration?<\/p>\n
Is your portfolio green? Check out the Bitcoin Profit Calculator<\/a><\/p>\n
The Lightning network might just be headed down the path of embracing AI. Lightning Labs, the company behind it, announced the launch of new AI tools. They are reportedly designed to help developers create Bitcoin AI-powered products.<\/p>\n
In other words, the Lightning network might be about to tap into AI to derive more efficiency from Bitcoin.<\/p>\n
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Announcing a new set of tools to build Lightning #bitcoin<\/a>-Powered AI products for a global audience.<\/p>\n
Using L402, a standard for API authentication with LN payments, and @langchainAI<\/a>a simplified AI app framework, we are opening up #AI4All<\/a>,https:\/\/t.co\/EQseanCurv<\/a><\/p>\n
\u2014 Lightning Labs \u26a1\ufe0f\ud83c\udf60 (@lightning) July 6, 2023<\/a><\/p>\n<\/blockquote>\n
One of the biggest questions regarding this development is how Bitcoin will benefit from AI. According to the official announcement, the tools can create advanced functionalities within the Lightning network. This includes the development of a new authentication mechanism, or perhaps boosting network performance.<\/p>\n
Perhaps one of the best use cases for the new AI tools for the Lightning network is that it may facilitate Bitcoin use in the Internet of Things (IOT). If cryptocurrencies such as Bitcoin will become embedded in the future of commerce, then it makes sense to develop AI-powered tools. Bitcoin interaction with AI tools is perhaps another reason why developers<\/a> should consider AI integration with blockchain.<\/p>\n
Will the development encourage more adoption?<\/strong><\/h4>\n
The aforementioned benefits might just represent a fraction of the advantages of integrating Bitcoin with AI. More advantages might be unlocked in the future, but before that, consider this. We have already seen that most top companies are adopting AI to boost productivity.<\/p>\n
Thus, Lightning’s integration with AI could also allow Bitcoin to maintain its competitive advantages.<\/p>\n
btc price action recap<\/strong><\/h4>\n
The advantages may not be felt immediately, but could have a significant impact on Bitcoin in the future. The cryptocurrency’s press time situation underscored the return of selling pressure<\/a> after failing to push above the $31,419 price level.<\/p>\n
The king coin exchanged hands at $30,181 at the time of writing.<\/p>\n
![\"\"](\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/BTCUSD_2023-07-07_15-06-57.png\")
- BTC dipped slightly after accumulation slowed down in the last few days, followed by some profit-taking.<\/em><\/li>\n<\/ul>\n