Latest news with #BSV
Coin Geek
9 hours ago
- Business
- Coin Geek
Top BSV wallets? Kurt Wuckert Jr. answers in AMA
Homepage > Videos > Top BSV wallets? Kurt Wuckert Jr. answers in AMA In this CoinGeek Weekly Livestream episode, Wuckert covered the best BSV wallets, upcoming BSV conferences, and a general BSV roundup for 2025 so far. Click here to read the full article.
Coin Geek
12-06-2025
- Business
- Coin Geek
BSV: Combatting AI and deepfake misinformation
Homepage > News > Business > BSV: Combatting AI and deepfake misinformation Getting your Trinity Audio player ready... In an era where artificial intelligence (AI) and deepfake technology are advancing rapidly, misinformation has become a pervasive threat to truth, trust, and societal stability. From fabricated videos of public figures to AI-generated fake news, the digital landscape is increasingly vulnerable to manipulation. Bitcoin SV (BSV), a blockchain protocol designed to scale and enable secure, transparent data management, offers a promising solution to combat AI-driven misinformation and deepfakes. By leveraging its immutable ledger, timestamping capabilities, and decentralized architecture, BSV can play a pivotal role in restoring trust in digital content and ensuring authenticity in an age of synthetic media. The growing threat of AI and deepfake misinformation While transformative, AI technologies have a dark side. Deepfakes—hyper-realistic videos or audio created using AI—can convincingly depict individuals saying or doing things that never happened. These manipulations have been used to spread false narratives, manipulate elections, and damage reputations. For instance, a 2023 deepfake video of a prominent politician falsely admitting to corruption went viral, causing public outrage before being debunked. Similarly, AI-generated text, powered by large language models (LLMs), can produce misleading articles or social media posts nearly indistinguishable from human-written content. The scale of this problem is staggering. A 2024 report from the World Association for Detecting Misinformation estimated that 60% of online content could be AI-generated by 2026, with deepfakes accounting for a significant portion. The rapid proliferation of these technologies outpaces traditional methods of verification, such as manual fact-checking, which is slow and resource-intensive. As bad actors exploit these tools, the need for a robust, scalable, and automated solution to verify the authenticity and provenance of digital content has never been greater. Bitcoin SV: A blockchain solution for truth BSV emphasizes data integrity, scalability, and utility. Its ability to process vast amounts of data at low cost, combined with its immutable ledger, makes it uniquely suited to address the challenges posed by AI and deepfake misinformation. At its core, BSV's blockchain is a decentralized, tamper-proof data record. Every piece of information stored on the BSV blockchain is timestamped, cryptographically secured, and publicly verifiable. This creates an unalterable 'source of truth' that can be used to authenticate digital content, from videos and images to documents and social media posts. By anchoring content to the BSV blockchain, creators can prove its origin, authenticity, and integrity, while consumers can verify that what they see or hear has not been manipulated. How BSV combats deepfakes and misinformation 1. Content provenance and timestamping BSV's blockchain enables content creators to timestamp and hash their work, creating a permanent record of when and by whom it was created. For example, a journalist publishing an article or video can upload a cryptographic hash of the content to the BSV blockchain. This hash acts as a digital fingerprint, allowing anyone to verify that the content has not been altered since its creation. If a deepfake video emerges, users can compare it to the original hash on the blockchain to confirm its authenticity. This process is fast, cost-effective, and scalable, thanks to BSV's ability to handle thousands of transactions per second. 2. Immutable audit trails BSV's immutable ledger ensures that once data is recorded, it cannot be changed or deleted without a trace. This is critical for combating misinformation campaigns, where bad actors may attempt to alter or suppress evidence. For instance, a whistleblower exposing corruption could store evidence on the BSV blockchain, ensuring it remains accessible and unaltered, even if centralized platforms censor it. This transparency fosters accountability and trust in digital ecosystems. 3. Decentralized identity verification Deepfakes often exploit stolen or fabricated identities. BSV supports decentralized identity systems, where individuals or organizations can create verifiable digital identities linked to their public keys. By signing content with their private key, creators can prove their identity, making it harder for malicious actors to impersonate them. For example, a public figure could sign their official videos on the BSV blockchain, allowing viewers to verify the source and detect deepfake imitations. 4. Scalability for mass adoption Unlike other blockchains with limited throughput, BSV's design prioritizes scalability, enabling it to handle the massive volume of data required for widespread content verification. Whether it's authenticating millions of social media posts or timestamping high-resolution videos, BSV's low transaction fees and high throughput make it practical for global use. This scalability is crucial for combating misinformation at the scale of modern internet platforms. Real-World applications and challenges Several projects are already leveraging BSV to combat misinformation. For instance, the 'Verasity' protocol uses BSV to authenticate video content, ensuring creators are fairly compensated and viewers receive genuine media. However, challenges remain. The adoption of blockchain-based solutions requires integration with existing platforms, which may resist change due to cost or complexity. Additionally, while BSV can verify content authenticity, it cannot inherently determine the truthfulness of the content's claims, so human judgment and context remain essential. Public education is also critical, as users must understand how to verify blockchain-based proofs. The future of trust in a digital age As AI and deepfake technologies evolve, so do our tools for combating misinformation. BSV offers a powerful framework for restoring trust in digital content by providing a transparent, scalable, and secure method for verifying authenticity. By integrating BSV into social media platforms, news outlets, and content-sharing ecosystems, we can create a digital world where truth is verifiable and manipulation is harder to execute. Governments, tech companies, and individuals all have a role to play. Policymakers could incentivize blockchain adoption for content verification, while platforms could embed BSV-based tools to empower users. For individuals, embracing blockchain-verified content could become as routine as checking a website's SSL certificate. BSV stands at the forefront of the fight against AI and deepfake misinformation. Its ability to provide immutable, scalable, and decentralized solutions makes it a cornerstone for rebuilding trust in the digital age. As misinformation continues challenging our perception of reality, BSV offers a path toward a more transparent and truthful internet, one block at a time. In order for artificial intelligence (AI) to work right within the law and thrive in the face of growing challenges, it needs to integrate an enterprise blockchain system that ensures data input quality and ownership—allowing it to keep data safe while also guaranteeing the immutability of data. Check out CoinGeek's coverage on this emerging tech to learn more why Enterprise blockchain will be the backbone of AI . Watch | Alex Ball on the future of tech: AI development and entrepreneurship title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen=""> AI Artificial Intelligence Bitcoin SV BSV Blockchain Deepfakes
Coin Geek
10-06-2025
- Business
- Coin Geek
BSV as 'utility blockchain' aims for use cases with trust
Getting your Trinity Audio player ready... Wherever there's a business need for trust and transparency on a distributed ledger, BSV can take care of it, says BSV Association (BSVA) CEO Ásgeir Thór Óskarsson. On top of its underlying Layer 1 infrastructure, you can build any imaginable use case. Ásgeir joined his brother, BSV Association CTO Siggi Óskarsson, for a chat about trust in the digital economy with Halborn SVP of Marketing Arabdha Sudhir, as part of Halborn's Flash Video series on blockchain topics. Halborn specializes in smart contract audits and security testing for the Web3, blockchain, and DeFi industry and is assisting the BSVA with security consulting. title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen=""> Siggi spoke of the more technical challenges associated with achieving BSV's million-transactions-per-second (TPS) milestone with the Teranode protocol implementation. Unbounded scalability on the base layer is the key to making blockchain a useful technology for enterprise and government-tier applications. 'If we have this massive scale, the way you would interact with the blockchain needs to be very different because you can't run your own node anymore.' This involves creating user-friendly libraries to create transactions, as well as newer concepts like 'Overlay Nodes,' to ensure interactions with a blockchain network run smoothly and securely at these kinds of volumes. 'We want to have a blockchain that can serve the world, not just something that's for hobby projects,' Siggi said. 'We want the big corporations to come and try to break it. Massive, massive use cases, that's our goal.' 'We call ourselves a utility blockchain. We're not interested in the price going up; we actually don't look at the price anymore; we look at how many transactions are we processing, how many transactions can we process, and are we moving in the right direction in that area?' The key problem we're solving is trust Sudhir asked for the simplest version of the key problem BSV is solving. 'It's trust,' Ásgeir said. If you take a look at the world in its current state, and read company reports, there's a clear lack of trust. AI is creating a huge amount of extra value, but one negative side-effect is a further decrease in trust. 'You have this verifiable data on an immutable ledger; it's a public blockchain, so anyone can access it. To debunk a myth: you can still have privacy on a public blockchain; it's not just out there for anyone to see.' The important thing is that the data remains verifiable and can be shared. Ásgeir gave the example of a supply chain with multiple stakeholders that all need to interact with the same data set. Any of them can access that data and act upon it, adding value. Much of the current focus is on decentralized finance (DeFi) and stablecoins with instant settlement, but that's just the tip of the iceberg for what blockchain can actually do, he added. Siggi described data on a blockchain as a form of 'digital notary,' helping to solve potential legal problems at a later date and doing it for free. You could stand before a court and produce information from years ago, and since it's on-chain, it's still provably valid. 'We're really only just scratching the surface' of potential blockchain use cases, he added, and the main reason for this is that no blockchain has yet been able to achieve the kinds of scale necessary to handle enterprise applications. 'It's not about the scalability itself; it's about the use cases that are only possible because we can scale.' It's more about business resilience, said Ásgeir. Verifiable on-chain data can protect a business' tech stack over decades, as it builds its forte and gains more clients. 'It's like a plethora of problems you're solving,' Sudhir noted. Stablecoins and cross-border remittances are two of the most prominent areas where blockchain shines, Ásgeir said. BSV's first native stablecoin, MNEE, is already proving its advantage over other similar tokens with instant transactions and zero 'gas' fees to send payments. Other existing financial instruments, like derivatives, can be tokenized on a blockchain network to gain similar advantages. But blockchain is no longer about 'being your own bank,' said Siggi, echoing an old Bitcoin meme. Blockchain can benefit banks by saving costs and helping them run more efficiently. Ásgeir again asked viewers to look beyond simple financial procedures, noting that blockchain has utility wherever there's a need for multiple parties to trust shared data records. The list of use cases there is endless, from government regulations to shipping and logistics, consumer retail, and corporate sustainability. Instead of having a centralized (proprietary) database and asking everyone to just trust it without good reason, now you have this whole layer of trust between everyone. 'It's fascinating,' Ásgeir said. 'Ten years from now, who knows what kind of use cases we're going to find for blockchain.' Watch: With blockchain, the utility is becoming more and more important title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen="">
Coin Geek
09-06-2025
- Business
- Coin Geek
Electric truth and the chain of machines when AI meets BSV
Getting your Trinity Audio player ready... Somewhere between the data centers of tomorrow and the ambitions of tech visionaries, the boundary between human and machine is quietly dissolving, not through cinematic revolutions of sentient robots or hostile takeovers, but through incremental integration. Artificial intelligence (AI) and blockchain, once separate branches of technological evolution, are now beginning to merge. Their intersection is not hype, for hype's sake. It's a structural shift. And at the core of that shift is BSV. Too much of the current talk about AI and blockchain is noise. Fancy websites, big promises, and little delivery. Most projects combine buzzwords, raise money, and then disappear. But beneath all that noise, there is a quieter current of genuine innovation. It isn't trying to reinvent money or replace central banks. It's trying to build tools that work. And the blockchain that quietly enables this new frontier is BSV. Unlike many of its rivals, BSV does not chase attention with flashy marketing or speculative mania. Its strength lies in what it was designed to do from the beginning: scale. And scale is precisely what AI needs. The models being built today demand data. Immense amounts of it. Clean, verified, and timestamped. That data must be exchanged, monetized, and audited. Without scalable infrastructure, that vision falls apart. BSV provides the missing piece. Think of AI not just as software but as a hungry engine. One that consumes information constantly, requires traceability and benefits from accountability. BSV acts as a record-keeping system that never forgets. It can handle high volumes of transactions. It can store data on-chain. It can timestamp every input and link every output to a verified identity. In this system, trust does not depend on intermediaries. It depends on the protocol. This is more than just an abstract use case. Developers are already building AI-powered systems on top of BSV, and at least a few are working on a project I am involved in, with the idea that data contributors will be rewarded per submission and algorithms will be trained with full audit trails. Smart contracts allow models to execute logic and distribute rewards based on performance. Every interaction is tracked, and every payout is logged. It's not just innovation; it's accountability. What makes this combination even more powerful is its impact on identity and access. For AI to function in real-world systems, it must interact with other machines and users in a secure and a trusted way. BSV's support for scalable micropayments and native digital identities allows this interaction to happen fluidly. AIs can validate each other, exchange information, and pay for services autonomously. All of it is enforced and recorded on-chain. This model is already being explored in sectors like healthcare, logistics, education, and finance. Imagine AI systems processing patient data where each access request is logged immutably. Or decentralized research platforms where contributors are paid instantly and transparently to improve a shared model. These aren't just ideas; they are prototypes being tested in the open. Of course, adoption will take time. Institutions are still navigating compliance, data privacy, and integration hurdles. But the groundwork is there. The key lies not in building more isolated systems but in connecting them through a shared infrastructure that can handle the load. BSV offers that capability. It is not a speculative asset chasing attention. It is a tool designed to serve the foundations of digital infrastructure. As AI advances, it will demand better ways to source data, verify actions, and allocate value. BSV enables all three, at scale, with efficiency. The future of AI is not only about faster models or bigger datasets. It is also about reliability, transparency, and trust. Blockchain and AI will not merely coexist; they will co-evolve. And in that process, platforms prioritizing real-world performance over marketing narratives will quietly lead the way. BSV may not be the loudest voice in the room. But it is building something that lasts. In order for artificial intelligence (AI) to work right within the law and thrive in the face of growing challenges, it needs to integrate an enterprise blockchain system that ensures data input quality and ownership—allowing it to keep data safe while also guaranteeing the immutability of data. Check out CoinGeek's coverage on this emerging tech to learn more why Enterprise blockchain will be the backbone of AI. Watch: Demonstrating the potential of blockchain's fusion with AI title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen=""> AI Artificial Intelligence Bitcoin SV Blockchain BSV Blockchain
Coin Geek
09-06-2025
- Business
- Coin Geek
BSV blockchain micropayments: Stabilizing economies in crisis
Getting your Trinity Audio player ready... Economic crises, whether sparked by natural disasters, political turmoil, or global pandemics, reveal the vulnerabilities of traditional financial systems. Hyperinflation, currency devaluation, and disrupted banking services often leave populations struggling to access basic necessities, especially in developing economies. BSV, with its highly scalable blockchain and ultra-low-cost micropayments, offers a transformative solution to stabilize economies during such crises. By enabling fast, secure, and inexpensive transactions, BSV supports financial inclusion, streamlines humanitarian aid, and enhances government responses, fostering resilience in vulnerable regions. This article explores how BSV's micropayment capabilities can stabilize economies in crisis, leveraging its technical strengths and real-world applications. The impact of economic crises Economic crises severely disrupt access to essential goods, services, and financial systems. In hyperinflationary scenarios, such as Venezuela's 1.7 million percent inflation rate in 2018, local currencies lose value rapidly, eroding savings and purchasing power. Banking infrastructure often collapses, leaving the unbanked, approximately 1.4 billion people globally, without viable alternatives. Traditional remittance services, vital for many developing economies, become costly, with fees averaging 7% per transaction. These challenges disproportionately harm low-income communities, deepening poverty and inequality. BSV counters these issues with its high-throughput blockchain, which is capable of processing millions of transactions per second at fees as low as $0.00001. Unlike traditional financial systems, BSV operates without intermediaries, ensuring instant, irreversible transactions on an immutable ledger. This makes it ideal for delivering aid, facilitating essential transactions, and restoring economic stability in crisis-affected regions. Micropayments: Empowering the unbanked Financial inclusion is critical for economic stability, and BSV's micropayment capabilities are uniquely positioned to serve the unbanked. Banking services often become inaccessible during crises, forcing reliance on cash or informal networks. BSV's digital wallets, such as RockWallet, require only a smartphone and internet access, enabling anyone to send and receive funds instantly. This is particularly impactful in regions where physical bank branches are unavailable, or currencies are unstable. For instance, in a crisis like Zimbabwe's hyperinflation in the 2000s, BSV could enable individuals to transact in stable-value tokens pegged to assets like the U.S. dollar, bypassing volatile local currencies. Micropayments facilitate small, frequent transactions, such as purchasing food or paying for utilities, without the high fees of traditional systems. This ensures that individuals can meet their daily needs, preserve economic activity, and reduce dependence on unreliable markets. Remittances, which exceed $700 billion annually and are critical for developing economies, also benefit from BSV's low fees. High costs from providers like Western Union (NASDAQ: WU) often erode these funds. BSV's near-zero transaction fees ensure more money reaches recipients, directly supporting families and local economies. For example, a worker in a crisis-hit region could receive $50 from abroad without losing a significant portion of the fees, increasing their ability to afford essentials. Streamlining humanitarian aid Efficient delivery of humanitarian aid is vital during crises, yet traditional systems often face high administrative costs, delays, and fraud risks. BSV's transparent ledger and micropayment system enable direct, trackable transfers to recipients, minimizing intermediaries. Non-profits can distribute micro-donations, as little as a cent, ensuring funds reach those in need quickly and transparently. The Charity Wall platform, built on blockchain technology, illustrates this potential. During the COVID-19 crisis, it facilitated transparent donation flows, allowing donors to track contributions in real time. BSV's scalability supports high volumes of micro-donations, enabling rapid emergency response. In a refugee crisis, for example, aid organizations could send small, frequent payments for food, medicine, or shelter directly to digital wallets, reducing waste and ensuring accountability. BSV's immutable ledger minimizes corruption risks, fostering trust among donors and recipients. Enhancing government response and transparency Governments in crisis often struggle to distribute welfare benefits efficiently due to bureaucratic inefficiencies or fraud. BSV's micropayments enable direct, instant transfers to citizens, bypassing costly intermediaries. In a natural disaster, governments could send micro-stipends for essentials like food or housing directly to digital wallets, ensuring rapid relief. A U.K. pilot project explored blockchain for welfare tracking, demonstrating how transparent ledgers can monitor fund usage while preserving privacy through anonymized data. BSV's scalability makes this approach feasible on a national scale, reducing fraud and administrative costs. Additionally, BSV can stabilize economies by supporting digital currencies or tokens backed by stable assets. In hyperinflationary crises, governments could issue BSV-based tokens pegged to commodities like gold, providing a reliable medium of exchange. This could restore confidence in local economies, encouraging spending and stabilizing markets. Challenges and the path forward Despite its potential, BSV faces challenges in crisis settings. Though increasingly widespread, Internet access remains limited in some regions, requiring infrastructure investment. Digital literacy is another barrier, necessitating education campaigns to teach users how to use blockchain wallets. Regulatory uncertainty may also hinder adoption, as governments may resist decentralized systems. Collaboration between BSV developers, governments, and NGOs is essential to address these issues. Security and privacy are critical considerations. While BSV's ledger is secure, protecting users from scams and ensuring privacy in welfare tracking require robust protocols. Advances in anonymization techniques can help balance transparency with data protection, ensuring regulation compliance. A new foundation for stability BSV's micropayment capabilities provide a powerful tool for stabilizing economies in crisis. By fostering financial inclusion, streamlining humanitarian aid, enhancing government efficiency, and supporting economic participation, BSV addresses the root causes of economic instability. Its low fees, high scalability, and transparent ledger make it a transformative solution for regions where traditional systems falter. BSV offers a blueprint for resilience as economic volatility increases globally, empowering communities to navigate crises with greater security and equity. The future of economic stability lies in decentralized, accessible, and efficient systems—and BSV is paving the way. Watch: Micropayments are what are going to allow people to trust AI title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen=""> Bitcoin SV BSV Blockchain Crisis Digital Wallets Micropayments Remittances
