Blockchain technology and artificial intelligence
Blockchain technology is a tool for the development of safe, decentralized, peer-to-peer applications.
Artificial intelligence (AI) has been developing for more than half a century, but is currently in an explosive period of growth. AI has enormous technological, economic and social consequences and is transforming the way we produce and distribute goods and services, the way we work, learn, communicate and live.
IPI researches the legal and ethical aspects of the application and regulation of the blockchain technology as well AI. On a practical level, IPI deals with legal issues connected to blockchain technology and intellectual property. Special focus is also devoted to implications that the deployment and use of AI technologies pose for intellectual property law and policy. For more information, write us on info@ipi.si.
Blockchain technology is in principle used for the development of autonomous computer programs, the so-called “smart contracts”, that are used for the development of new financial instruments, for increasing the efficiency of payment mechanisms, for organizing the exchange of data and information in different transactions, and for facilitating interactions between individuals and machines. Not only would the development of this technology bring a more effective management, but would also affect the management itself. Blockchain could have big consequences on the economy and the society, as big as the ones brought by internet. In its most positive form, blockchain could stimulate the development of a more democratic society and decision-making systems and result in a more democratic management of the society, where individuals would have more influence than in the current democratic systems.