Quantcast

Ocean Protocol CEO: The 'potential' from Intersecting 'AI and blockchain' is 'massive'

El Salvador’s president wants to use Bitcoin for national projects. Here are six ways how
US Lawmakers Visit Detained Binance Executive in Nigeria, Point to Health Concerns
Discover this pro-Bitcoin French woman who is running for the 2024 legislative elections
Bitcoin Slumps Under $64K Amid Historic ‘Negative’ Sentiment
SEC Drops Investigation into Ethereum (ETH), Consensys Says
Crypto top & flop: finally a rebound and what a rebound for the market!
Nigerian court dismisses escaped Binance exec’s human rights suit
A Wave of Large-Scale Liquidations is Sweeping Through the Crypto Market
El Salvador launches its private Bitcoin bank and takes on the banking system
Coinshares Rebrands Its Nordic Crypto ETP
Tether Debuts New 'Synthetic' Dollar Backed by Tokenized Gold in Tokenization Push
Proof of humanity: how Humanity Protocol gives a human face to Web3
President Bukele proposes Bitcoin bank for El Salvador two weeks after starting second term
The State of Crypto: The Fortune 500 Moving Onchain
Nigeria drops tax charges against ailing Binance exec as spouse calls for end to ‘nightmare’
Tesla (TSLA): shareholders validate Elon Musk's $56 billion compensation plan
Gary Gensler Predicts Ethereum ETF Approval by Summer's End
More Central Banks Are Exploring a CBDC, BIS Survey Finds
Ether Sees Significant Long-Term Holder Accumulation Amidst 2% Price Dip
MoonPay and PayPal’s Partnership Expands to EU and UK
Can Solana bounce back thanks to the CPI and the Fed after a 17% correction?
Singapore money launderer gets 17 months in $2.2bn case involving illicit crypto
The EU is targeting crypto privacy, Monero facing a significant challenge.
Brazil’s Largest Bank Expands Bitcoin and Ether Trading to All Customers
Wife of Binance exec ‘expected a lot more’ from US as husband languishes in Nigerian prison
Tokenization: Fidelity tokenizes the shares of its money market fund on the JPMorgan blockchain
South Korea exceeds all other countries in terms of crypto adoption, what are the consequences?
Crypto: Investors are accumulating Ethereum ahead of the next price surge
Solana-based multisig protocol Squads raises $10 million, launches retail wallet app Fuse
Norwegian government freezes and returns $5.7 million connected to Ronin hack
Ocean Protocol CEO: The 'potential' from Intersecting 'AI and blockchain' is 'massive'
Web3/Crypto
Webp bruce pon
Bruce Pon, co-founder and CEO of Ocean Protocol | Bruce Pon (Social Media: X)

Bruce Pon, co-founder and CEO of Ocean Protocol, said that the combination of "AI and blockchain" unlocks significant "potential" for new entrepreneurial opportunities and substantial value creation. Pon made this statement during his talk at Binance Blockchain Week.

"When you intersect two general purpose technologies, AI and blockchain…the amount of potential and use cases and billions on the table that can be created by entrepreneurs is massive," said Pon.

According to a report by Future Market Insights, the global blockchain AI market is expected to grow from approximately USD 440 million in 2023 to USD 3,536.2 million by 2032, with a compound annual growth rate (CAGR) of 22.9% during the forecast period.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

Business Insider reports that venture capitalists have identified numerous startups at the intersection of blockchain and AI as among the most promising in 2024, reflecting growing investor confidence in this combined technology sector.

Pon has developed blockchain tools like Ocean Protocol for AI data exchange, BigchainDB, ascribe.io for creator rights, and IPDB. He previously founded Avantalion International Consulting, which built over 18 banks globally before being acquired by Teamwill Group. Earlier roles include international expansion at Daimler Financial Services and consulting at Accenture.

Ocean is a platform that enables monetization of AI models and data while maintaining privacy and control. With tools like Ocean Nodes, users can maximize computational resources for AI, while Data NFTs protect intellectual property by securing access to data and digital assets.

Binance Blockchain Week is a conference that brings together innovators, founders, investors, regulators, and officials to discuss the future of blockchain and Web3. The theme of this year's conference is "Momentum." According to the event's website: "Momentum propels our industry, not only taking us through challenges but also leading us to our biggest achievements."

Organizations Included in this History
More News

The Financial Conduct Authority (FCA) has issued a warning regarding TRADESUP LIMITED, a firm allegedly offering financial and cryptocurrency services without proper authorization in the United Kingdom.

May 9, 2025

The Autorité des Marchés Financiers (AMF) has released a list of websites allegedly offering unauthorized crypto-asset services in France.

May 9, 2025

The German Federal Financial Supervisory Authority (BaFin) has issued a warning to consumers about Euro Pro Markets and its website europromarkets.net.

May 9, 2025

The Financial Conduct Authority (FCA) has issued a warning regarding Walton Assets, a firm offering financial and crypto-related services without proper authorization.

May 8, 2025

The German Federal Financial Supervisory Authority (BaFin) has ordered Ethena GmbH to cease operations involving its USDe crypto token, citing serious deficiencies found during the approval process.

May 5, 2025

The Financial Conduct Authority (FCA) has issued a warning regarding Coinvestbase, a firm suspected of offering or promoting financial services in the United Kingdom without proper authorization.

May 5, 2025

Loading...

No comments available.