At the beginning of July Lightning Labs It introduced the toolkit to help enable AI applications to interact with Bitcoin networks to send, receive, and hold cryptocurrency.
The goal of this move is to make payments faster, cheaper and simpler.
Language large models (LLMs) are software applications that are built on the basis of large data sets, allowing them to generate human-like responses to user requests.
We are very excited about the wave of innovation created by the latest series of LLM models. With the tools we launched today, developers can build an AI infrastructure that is accessible to both humans and agents
Lightning Labs said.
The team also acknowledged that the problem is that existing LLM lacks native web-based payment mechanisms, which forces developers of AI applications to rely on legacy payment methods such as credit cards, which incur additional costs for users.
Cody Low, developer of the federal social payments platform, had this to say about the interoperability between AI and BTC in payments:
“Artificial intelligence is one of those things that nowhere in the world has a better solution than Bitcoin, even though AI companies haven’t solved their monetization problems yet.”
According to data from 1ML Lightning Network analytics platform The current capacity of the Lightning Network is 5,432 BTC, equivalent to $163 million, at an exchange rate of $30,000.
