How Blockchain Technology Eradicates Forgery, Fraud, and Deepfakes?

Blockchain Technology: A Game-Changer in the Fight Against Forgery and Fraud
How Blockchain Technology Eradicates Forgery, Fraud, and Deepfakes?

Key Insights

  • AI-powered deepfakes and forgery are becoming a major issue, causing problems from identity theft to political manipulation.

  • Blockchain technology's core principles (transparency, immutability, provability) can combat deepfakes and forgery.

  • Blockchain can create unique digital fingerprints for content, and its decentralized nature prevents data manipulation.

  • Blockchain's ledger system allows for tracing a content's origin and history, making forgeries easier to identify.

  • Combining AI and blockchain can lead to advanced content verification and identification systems.

Forgery and fraud have been a part of human society for centuries.

People started to pirate books as far back as the 15th century when the printing press was invented, and even counterfeited money far earlier, with the introduction of paper money.

Today in the digital jungle, we have an even bigger threat in the form of deepfakes and forgery, and the booming AI industry is at the center of it all.

Here’s everything to know about the looming threat of AI-generated deepfakes, and how blockchain is the ultimate answer.

Some Of The Ways AI Has Been Misused

AI, just like any other powerful tool that humanity has created, has potential for both good and bad.

We have seen AI used in areas like healthcare for drug synthesis, in education for personalized learning experiences, and in general use cases like predicting weather and conserving wildlife.

However, on the flip side, we have also seen AI misused in political, financial and war crimes.

One particularly recent incident is that of Steve Kramer, a political consultant in the US who was arrested this year, for using AI to telephone New Hampshire Democrats with Joe Biden’s voice and ask them not to vote.

Another incident was the widely circulated deepfake of Ukrainian president, Volodymyr Zelenskyy in the heat of the Russia-Ukrainian war, asking his troops to surrender.

Another, among others, was the viral video showing a bomb blast at the Pentagon, as reported last year by the Washington Post.

<div class="paragraphs"><p>A faked video showing a bomb blast at the US Pentagon</p></div>

A faked video showing a bomb blast at the US Pentagon

These are only a few of the thousands of incidents that pop up every year, spanning a range of crimes that range from forgery to extortion, blackmail to revenge pornography, and even full-on identity theft.

Why Blockchain Technology Is The Answer

One of the fundamental concepts in blockchain technology is transparency, immutability and provability.

By definition, this means that in any world where information and general content are transparent, can be verified, can be tracked and cannot be tampered with, deep fakes and fraud might not even be issues to begin with.

Here are some ways in which blockchain technology is a direct answer to this looming threat:

1. Digital Fingerprinting

This is a one-size-fits-all solution to the general problem.

Blockchain technology can be used as 'digital fingerprints' for every piece of content, and every product, as a way to ensure authenticity from the moment of creation.

This digital fingerprint, or hash, will be unique to each file or product, and any alterations would render said content immediately recognizable as a fake.

2. Decentralized Verification

This decentralized nature of blockchains means that no single entity controls an entire database.

In essence, it means that no single individual or group can manipulate data for fraudulent purposes.

3. Traceability and Provenance

Moreover, blockchain technology features a transparent and immutable ledger of transactions, allowing all to see any alterations to any form of data.

This means that the origin and history of any piece of content can be verified, making it easier to identify forgeries and fakes.

The combination of AI and blockchain technology is a match made in heaven and could lead to the development of even more advanced systems that both identify and verify content via blockchain records.

Creating and maintaining this synergy could be the key to building a world in which digital content scores tens on tens when it comes to integrity.

Overall, blockchain technology offers a goldmine of potential for securing digital content deepfakes and fraud.

By leveraging the capabilities of both niches, we can build a future where digital media is authentic, and truth remains unquestioned.

The path forward is clear: integrating blockchain technology into our digital infrastructure is not just beneficial, it is the next step in the evolution of AI.

Disclaimer: Voice of Crypto aims to deliver accurate and up-to-date information, but it will not be responsible for any missing facts or inaccurate information. Cryptocurrencies are highly volatile financial assets, so research and make your own financial decisions.

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