{"id":92354,"date":"2025-10-20T10:34:12","date_gmt":"2025-10-20T10:34:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/92354\/"},"modified":"2025-10-20T10:34:12","modified_gmt":"2025-10-20T10:34:12","slug":"ai-and-blockchain-will-spark-retail-revolution-kevin-oleary","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/92354\/","title":{"rendered":"AI and Blockchain Will Spark Retail Revolution: Kevin O&#8217;Leary"},"content":{"rendered":"<p>AI and blockchain will spark the \u201cnext revolution in business,\u201d according to multimillionaire Kevin O\u2019Leary, with AI being able to autonomously make retail purchases and using blockchain to take care of payments.<\/p>\n<p>In a three-minute video <a data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/kevinolearytv\/status\/1979998830637559979?s=46&amp;t=MuRujqZUAz3TQE1vmr3c6A\" rel=\"noopener nofollow\" target=\"_blank\" title=\"null\">posted <\/a>to X Saturday, the Shark Tank co-host and venture capitalist said that blockchain will support an incoming wave of AI-driven transactions, handling everything from orders at Walmart and Target to burger shops and cafes:<\/p>\n<p>\u201cYou simply talk to your phone and say, I want a tall, low-fat latte, please. I&#8217;m going to be there in 90 seconds. That\u2019s it.\u201d<\/p>\n<p>\u201cSo what happens there is the AI analyzes where you are, looks at the geography of what retailer [is nearby] and determines that that\u2019s the one, and then uses a blockchain to actually do a digital payment system for the tall low-fat latte,\u201d explained O\u2019Leary.\u00a0<\/p>\n<p>\u201cIt already knows who you are. So the retailer has your name on it when you walk in,\u201d he added.<\/p>\n<p lang=\"en\" dir=\"ltr\">AI is about to collide with blockchain and change everything. Imagine ordering your coffee by voice, AI finds the caf\u00e9, and blockchain processes your payment instantly. <\/p>\n<p>That\u2019s the next revolution in business. Faster, smarter, fully on-chain. The question is: who builds it\u2026 <a href=\"https:\/\/t.co\/IWyTgY2tga\" rel=\"nofollow\">pic.twitter.com\/IWyTgY2tga<\/a><\/p>\n<p>\u2014 Kevin O&#8217;Leary aka Mr. Wonderful (@kevinolearytv) <a href=\"https:\/\/twitter.com\/kevinolearytv\/status\/1979998830637559979?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">October 19, 2025<\/a><\/p>\n<p>Mr. Wonderful is waiting to find a winning solution<\/p>\n<p>However, O\u2019Leary said he hasn\u2019t yet found a solution that can handle <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/blockchain-needs-efficient-use-cases-for-ai-agents-x-spaces-recap-with-vcs\" title=\"null\" rel=\"nofollow noopener\" target=\"_blank\">millions of retail transactions<\/a> simultaneously at a low cost.\u00a0<\/p>\n<p>He said current solutions like Ethereum can\u2019t do it because they order transactions linearly, leading to delays and <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/ethereum-gas-fees-too-low-or-high-no-one-can-decide\" title=\"null\" rel=\"nofollow noopener\" target=\"_blank\">expensive fees<\/a> during peak traffic.\u00a0<\/p>\n<p>\u201cIt&#8217;s a long highway on a way to a toll road for authentication of the transaction, and when there&#8217;s too many going on the highway at the same time, they get stuck at the toll, they get jammed up.\u201d<\/p>\n<p>\u201cSo we don\u2019t have the technology yet, with at least those\u2026 ones to do what I just described,\u201d O\u2019Leary added.<\/p>\n<p>However, there are already solutions to the problem that O\u2019Leary described, known as <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/explained\/what-is-a-directed-acyclic-graph-in-cryptocurrency-how-does-dag-work\" title=\"null\" rel=\"nofollow noopener\" target=\"_blank\">Directed Acyclic Graphs<\/a>, which process transactions in a spider web-like structure rather than ordering them into single blocks.<\/p>\n<p>Hedera and Nano are among the crypto solutions that use this architecture, though they have only captured a fraction of the user base seen on top chains like Ethereum and Solana.<\/p>\n<p>O\u2019Leary said he\u2019s looking for the first project to achieve this at scale, adding: \u201cThis is a fantastic career because the Walmarts, the Targets, the burger guys need millions of transactions a day, all independent, all going through the tolls at the same time.\u201d<\/p>\n<p>Funnily, it was just last year that O\u2019Leary <a data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/kevinolearytv\/status\/1979998830637559979?s=46&amp;t=MuRujqZUAz3TQE1vmr3c6A\" rel=\"noopener nofollow\" target=\"_blank\" title=\"null\">criticized<\/a> people for spending $5.50 on coffees and $15 on sandwiches when they could make them at home for a fraction of the price.<\/p>\n<p>Agentic AI is already helping people with daily tasks<\/p>\n<p><a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/explained\/what-is-agentic-ai-and-how-does-it-work\" title=\"null\" rel=\"nofollow noopener\" target=\"_blank\">Agentic AI<\/a> is already assisting people with everyday tasks, from searching and ordering to reminding people of daily tasks.<\/p>\n<p>Related: <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/polkadot-parachain-phala-votes-switch-ethereum-l2\" title=\"null\" rel=\"nofollow noopener\" target=\"_blank\">AI Polkadot parachain Phala votes to fully switch to Ethereum L2<\/a><\/p>\n<p>Speaking to Cointelegraph, Kyle Okamoto, the chief technology officer of decentralized infrastructure platform Aethir, said his wife built an agentic AI solution to remind her when to stock up on groceries.<\/p>\n<p>\u201cShe just simply talks to her agent regularly and says, \u2018hey, I&#8217;m out of milk,\u2019 and it keeps track of that and then it ultimately says, \u2018hey, you run out of milk every week to eight days. You haven&#8217;t told me yet, but we should probably just add milk to your shopping list.\u2019\u201d<\/p>\n<p>Her agentic AI can categorize items across Target, Whole Foods and Amazon, and even tracks which products are on sale, Okamoto said. \u201cSometimes the kids\u2019 yogurt is going to be a dollar cheaper at Target because of a sale compared to Whole Foods.\u00a0<\/p>\n<p>\u201cShe doesn\u2019t want to keep checking all these sites for the entire list, so she has the agent do it and give her price alerts.\u201d<\/p>\n<p>Now all that\u2019s needed is a blockchain solution that handles the payment side of things, according to O\u2019Leary.<\/p>\n<p>Magazine: <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/magazine\/devil-takes-bitcoin-book-review-jake-adelstein\/\" title=\"null\" rel=\"nofollow noopener\" target=\"_blank\">Review: The Devil Takes Bitcoin, a wild history of Mt. Gox and Silk Road<\/a><\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"AI and blockchain will spark the \u201cnext revolution in business,\u201d according to multimillionaire Kevin O\u2019Leary, with AI being&hellip;\n","protected":false},"author":2,"featured_media":92355,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,218,219,61,60,80],"class_list":{"0":"post-92354","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-ie","12":"tag-ireland","13":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/92354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=92354"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/92354\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/92355"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=92354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=92354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=92354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}