CZ of Binance Speaks at Token 2049 in Dubai About Artificial Intelligence, Education, and Cryptocurrency

CZ, the founder of Binance, spoke on stage at Token 2049 in Dubai about artificial intelligence, education, and cryptocurrency. He discussed how AI is used in education

At Token 2049 in Dubai, CZ, the founder of Binance, engaged in a discussion about artificial intelligence, education, and cryptocurrency. He spoke about how AI is being used to transform the landscape of education, highlighting his initiative, Giggle Academy, which aims to provide free learning opportunities for children in underserved communities around the world.

The initiative began with the launch of an AI-based learning platform earlier this year.

Giggle Academy: Using AI to Educate Millions of Children

“We launched Giggle Academy earlier this year to help provide free learning opportunities for children in underserved communities. Our goal is to reach 100 million learners. We want to make sure every child has access to a quality education, no matter where they are in the world,” said CZ.

“In a very short time, we have used AI to create books and lessons in 15 languages that children are enjoying. We have also managed to engage 220,000 children in learning activities. We are making good progress.”

Adaptive learning and using games make education both entertaining and available to students. Giggle Academy is funded by CZ to ensure users do not have to pay. Giggle Academy believes it can grow quickly because of AI’s translation capabilities and personalized content generation. Using technology in combination with social needs solves problems in global education.

Dubai’s Emergence as a Crypto Center

Discussing Dubai’s growing importance in the cryptocurrency sphere, Changpeng Zhao highlighted the city-state’s well-defined regulatory framework, pro-business policies, and tax advantages in free zones like DMCC. These factors have positioned Dubai as a global destination for crypto entrepreneurs and investors.

From the startup visa to the crypto regulations, Dubai has created a welcoming environment for digital asset firms.

“We are seeing a lot of crypto firms move their regional headquarters to Dubai, and events like Token 2049 and the HODL Summit have helped to attract them,” said CZ.

He added that Dubai’s openness to new ideas has sped up its development into a blockchain hub. The government is also leading by example in using blockchain technology for digital IDs and land registries.

Government Crypto Reserves and AI Integration

Changpeng Zhao noted that Bhutan and the United States are among the countries setting up strategic crypto reserves, reflecting the latest global trends in cryptocurrency adoption. Bitcoin is mined with hydroelectric power in Bhutan, and Ethereum is part of the government’s assets.

“We are also seeing AI agents being integrated with crypto to perform payments and financial transactions using cryptocurrency. Projects like ai16z and Virtuals Protocol are at the forefront of this emerging collaboration, although we will likely face regulatory challenges,” said CZ.

Changpeng Zhao encouraged developers and investors to focus on projects that will add real value and avoid speculative AI coins. He also had advice for new investors.

“My advice to new investors is to stick to the essentials and concentrate on long-term growth, rather than short-term speculation gains. In the rapidly changing world of technology and finance, a deep understanding of the underlying fundamentals will serve you well in making informed investment decisions,” he concluded.

At Token 2049, Changpeng Zhao noted the increasing interlinkage of AI, education, and cryptocurrency. He emphasized leveraging new technology to help society and the economy, with Dubai playing a key role in this evolving ecosystem.