The future ahead, when we have AI with intelligence beyond that of humans
The term Web 3.0 has many different nuances and cannot be defined in general terms, but if we were to give a common answer that everyone can agree on at present, it would be "decentralized Internet".
It is still fresh in our memory that blockchain was developed from the idea of exchanging information without a central administrator, and the current boom in Web 3.0 began with its application. Smart contracts were devised to allow information transactions on blockchains to proceed smoothly without an administrator.
With the development of this system, which processes fully automatically when certain conditions are met, the idea of Web 3.0 without a central administrator has become more realistic. However, since smart contracts are programs, even obviously fraudulent transfers are automatically processed as long as the conditions are met.
As you can see from the Ethereum split*1, the holes in the smart contract system have led to distrust of the blockchain itself. Therefore, experiments are being conducted to equip smart contracts with AI and have them make the final decision on whether something is right or wrong.
In order to monitor fraudulent transactions, many cryptocurrency exchanges go to the trouble of auditing smart contracts, which is a bit of a misstep. However, in the Web 3.0 culture that dislikes central administrators, manual audits are inevitably incompatible.
In response to such voices from crypto enthusiasts, for example, Bunzz, a smart contract development infrastructure, has begun offering an AI-based auditing service called "Bunzz Audit."
It is said that there are still many challenges to be overcome with AI audits, but considering the rapid progress of AI and the Web 3.0 field in recent years, it is not likely to be a long time before AI audits become commonplace.
