AI-Enabled Governance in Cryptocurrency Communities

Author:

Victorie T. Amalraj,Vasuki M.,Ganapathy S Sakthi

Abstract

This paper explores how the combination of artificial intelligence (AI) can enhance governance in cryptocurrency communities and Decentralized Autonomous Organizations (DAOs). Using insights from blockchain, machine studying, and social computing, we examine moral concerns and dangers While addressing them, we discuss the potential of AI to improve efficiency, transparency and inclusion in phrases of governance shape. Through case studies, we demonstrate sensible packages of AI, consisting of social media sentiment analysis, algorithmic trading, and decentralized forecasting markets. We explore the impact of AI on governance token systems, selection- making processes and community-pushed governance models. Challenges along with algorithmic bias, records privacy, and the need for human oversight are discussed in conjunction with suggested studies suggestions and great practices for implementing responsible AI. This paper explores how the integration of synthetic intelligence (AI) can enhance governance in cryptocurrency communities and decentralized c Decentralized Autonomous Organizations (DAOs). Using insights from blockchain, gadget learning, and social computing, we examine moral worries and dangers While addressing them, we talk the potential of AI to enhance performance, transparency and inclusion in terms of governance structure. Through case research, we display realistic programs of AI, which include social media sentiment evaluation, algorithmic trading, and decentralized forecasting markets. We discover the effect of AI on governance token systems, decision-making methods and network-pushed governance models. Challenges including algorithmic bias, records privateness, and the need for human oversight are mentioned in conjunction with suggested research tips and exceptional practices for the responsible use of AI By clarifying the ability of AI in cryptocurrency governance, we help bridge the space among AI and decentralized selection-making.

Publisher

International Journal of Innovative Science and Research Technology

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1. Homogeneous and Heterogeneous Multicore Systems;International Journal of Innovative Science and Research Technology (IJISRT);2024-05-15

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