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Former Facebook Executive and Diem Co-Creator Identifies New AI Opportunities Within Bitcoin Ecosystem

Former Facebook Executive and Diem Co-Creator Identifies New AI Opportunities Within Bitcoin Ecosystem

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Source: Daily Hodle

The co-creator of Facebook’s cryptocurrency project Diem thinks the future of real-time payments will have utility in multiple sectors across the world.

David Marcus is the co-founder and CEO of Lightspark, a startup that aims to build Bitcoin (BTC)-based enterprise payment solutions for the Lightning Network.

Marcus says in a new interview with Anthony Pompliano that he’s thinking a lot about artificial intelligence (AI) agents and how they pay one another.

“When you think about where we’re going, I believe you’re going to have a bunch of AI agents that are going to perform certain tasks on our behalf. For instance, you could have a travel agent that’s basically an AI system that enables you to book complex travel, and it’ll talk to other AI agents from the various providers out there.”

If Lightspark is successful, Marcus thinks there will potentially be useful applications in terms of enabling payments to rights owners to train data.

He also thinks accounting, reporting and taxes will have to evolve in the future to adapt to payments that can be processed instantly on a global, 24/7 basis.

Additionally, the Lightspark CEO says real-time payments could open up global capital.

“People can have access to cheaper capital globally. And there will be companies built on top of that that enable people to actually get their money around [and] lock their money to get it repaid in real-time. There’s all kinds of innovation around that.” 

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The post Former Facebook Executive and Diem Co-Creator Identifies New AI Opportunities Within Bitcoin Ecosystem appeared first on The Daily Hodl.

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Author: Daily Hodl Staff