According to Balaji, a 2021 video explores the concept of the ledger of record and anticipates the integration of AI-driven summarization of onchain data to generate news reports. This development is expected to enhance transparency and efficiency in the cryptocurrency markets, offering traders faster and more accurate insights directly from blockchain data. The use of artificial intelligence for automated news creation could lead to more informed trading decisions and reduced information asymmetry, impacting both trading strategies and market behavior (source: Balaji).

According to @balajis, as blockchain blockspace continues to grow, the concept of a reliable ledger of record is becoming increasingly feasible for traders and institutions. With the rapid advancement of AI technologies, verifiable onchain data—accessible through block explorers—becomes essential for authenticating transactions and digital assets. This increases the need for transparent, tamper-proof records that cannot be manipulated by AI, reinforcing the unique value proposition of cryptocurrencies such as BTC and ETH for market participants seeking trust and security in trading operations. Source: @balajis