Artificial intelligence industry in Italy

Artificial intelligence industry in Italy

The artificial intelligence industry in Italy is growing and supports industrial development. In 2024 it reached a new record, reaching 1.2 billion euros with a growth of +58% compared to 2023. While in 2025, the growth of artificial intelligence in the industrial application was even greater than in 2024 both in terms of value and application to industrial sectors. == History == The roots of AI research in Italy extend back to the 1970s, when Italian scholars began exploring automated reasoning, programming language semantics, and pattern recognition. Researchers such as those involved in early projects at the National Research Council and various universities laid the groundwork for subsequent academic and industrial developments in the field. During this period, the focus was predominantly on developing algorithms for automated theorem proving and building systems to reason about complex mathematical problems. This era witnessed the birth of methodologies that would later influence numerous AI subfields, from natural language processing (NLP) to robotics. === Institutional milestones and academic contributions === A turning point in the Italian AI landscape was the formation of the Italian Association for Artificial Intelligence (AIxIA) in 1988. Founded by academics, including Luigia Carlucci Aiello, the association established a platform for collaboration between universities, research centers, and industry. Led by Aiello, AIIA played a role in promoting research, organizing national conferences, and fostering international partnerships that connected Italy's AI community to global networks. At the same time, professors such as Roberto Navigli and numerous practitioners contributed to the advancement of AI in Italy. Navigli has worked in multilingual NLP, including the creation of BabelNet, and led the Minerva project. === Industrial AI === Over recent decades, numerous national and European initiatives supported by funding from programs such as the National Recovery and Resilience Plan (PNRR) have spurred the transition from theoretical research to practical applications. Industrial sectors including manufacturing, banking, and healthcare increasingly embraced AI-driven automation, while research institutions collaborated with industrial partners to deploy cutting-edge solutions. In recent years, Italy has also seen the establishment of specialized research centers and institutes aimed at bridging the gap between academic innovation and industrial application. These initiatives indicate a broader national commitment to integrating AI into the fabric of Italian industry. == Recent developments == === Emergence of generative AI === A landmark in Italy's modern AI evolution is the development of Minerva AI. Developed by the Sapienza NLP research group at Sapienza University of Rome and led by Professor Roberto Navigli, Minerva represents the first family of large language models (LLMs) trained from scratch with a primary focus on the Italian language. ==== Minerva 7B ==== The latest iteration, Minerva 7B, has 7 billion parameters and has been trained on an extensive corpus of over 1.5 trillion words. By using advanced instruction tuning techniques, Minerva 7B is able to produce highly accurate, coherent, and contextually sensitive responses addressing common issues such as hallucinations and inappropriate content generation. This breakthrough sets a benchmark for transparent, open-source AI development in the country. Minerva's development, carried out within the FAIR (Future Artificial Intelligence Research) project in collaboration with CINECA and supported by supercomputing resources like the Leonardo (supercomputer), aligns closely with Italy's cultural and linguistic heritage. === Establishment of AI4I === The recent establishment of the Istituto Italiano per l’Intelligenza Artificiale (AI4I) is part of Italy's strategy to improve its industrial competitiveness in AI. This dedicated institute aims to bridge the gap between research institutions and industrial enterprises; promote training and R&D support to nurture the next generation of Italian AI experts; and enhance national competitiveness. This initiative is expected to serve as a hub for applied AI research, driving innovations that are tailored to the specific needs of Italian industry and public administration. === Benefits of InvestAI === Italy's AI industry stands to benefit from the European InvestAI initiative, a plan unveiled at the recent AI Action Summit in Paris. InvestAI is an effort by the European Commission to mobilize €200 billion for AI investments, with a dedicated €20 billion fund earmarked for building AI gigafactories. These gigafactories are planned as large-scale hubs for training advanced, complex AI models using approximately 100,000 last-generation AI chips. For Italy, this investment presents several major opportunities: Access to State-of-the-Art Infrastructure: Italian companies, research institutions, and start-ups can leverage the gigafactories’ immense computational resources, enabling them to train highly sophisticated language models and other AI systems. Enhanced Competitiveness and Collaboration: With InvestAI's layered funding model where EU funds help de-risk private investments Italian firms can access capital more readily. This will bolster public–private partnerships and create a more dynamic AI ecosystem that spans from academic research to industrial applications. Alignment with National and Regional Initiatives: The Istituto Italiano per l’Intelligenza Artificiale (AI4I), based in Turin, is already recognized as a strategic asset by both Italy and the European Union. As the main recipient of InvestAI funds in Italy, AI4I will play a pivotal role in implementing these investments locally, fostering innovation in sectors like manufacturing, healthcare and aerospace. Commission President Ursula von der Leyen emphasized that InvestAI is designed to democratize AI innovation throughout Europe by ensuring that even smaller companies have access to high-performance computing power. For Italy, this means not only keeping pace with global leaders but also harnessing European-scale investments to transform its AI industry and drive economic growth.

Matchbox Educable Noughts and Crosses Engine

The Matchbox Educable Noughts and Crosses Engine (sometimes called the Machine Educable Noughts and Crosses Engine or MENACE) was a mechanical computer made from 304 matchboxes designed and built by artificial intelligence researcher Donald Michie and his colleague Roger Chambers, in 1961. It was designed to play human opponents in games of noughts and crosses (tic-tac-toe) by returning a move for any given state of play and to refine its strategy through reinforcement learning. This was one of the first types of artificial intelligence. Michie and Chambers did not have immediate access to a computer; they worked around this by building the engine out of matchboxes. The matchboxes they used each represented a single possible layout of a noughts and crosses grid. When the computer first played, it would randomly choose moves based on the current layout. As it played more games, through a reinforcement loop, it disqualified strategies that led to losing games, and supplemented strategies that led to winning games. Michie held a tournament against MENACE in 1961, wherein he experimented with different openings. Following MENACE's maiden tournament against Michie, it demonstrated successful artificial intelligence in its strategy. Michie's essays on MENACE's weight initialisation and the BOXES algorithm used by MENACE became popular in the field of computer science research. Michie was honoured for his contribution to machine learning research, and was twice commissioned to program a MENACE simulation on an actual computer. == Origin == Donald Michie (1923–2007) had been on the team decrypting the German Tunny Code during World War II. Fifteen years later, he wanted to further display his mathematical and computational prowess with an early convolutional neural network. Since computer equipment was not obtainable for such uses, and Michie did not have a computer readily available, he decided to display and demonstrate artificial intelligence in a more esoteric format and constructed a functional mechanical computer out of matchboxes and beads. MENACE was constructed as the result of a bet with a computer science colleague who postulated that such a machine was impossible. Michie undertook the task of collecting and defining each matchbox as a "fun project", later turned into a demonstration tool. Michie completed his essay on MENACE in 1963, "Experiments on the mechanization of game-learning", as well as his essay on the BOXES Algorithm, written with R. A. Chambers and had built up an AI research unit in Hope Park Square, Edinburgh, Scotland. MENACE learned by playing successive matches of noughts and crosses. Each time, it would eliminate a losing strategy by the human player confiscating the beads that corresponded to each move. It reinforced winning strategies by making the moves more likely, by supplying extra beads. This was one of the earliest versions of the Reinforcement Loop, the schematic algorithm of looping the algorithm, dropping unsuccessful strategies until only the winning ones remain. This model starts as completely random, and gradually learns. == Composition == MENACE was made from 304 matchboxes glued together in an arrangement similar to a chest of drawers. Each box had a code number, which was keyed into a chart. This chart had drawings of tic-tac-toe game grids with various configurations of X, O, and empty squares, corresponding to all possible permutations a game could go through as it progressed. After removing duplicate arrangements (ones that were simply rotations or mirror images of other configurations), MENACE used 304 permutations in its chart and thus that many matchboxes. Each individual matchbox tray contained a collection of coloured beads. Each colour represented a move on a square on the game grid, and so matchboxes with arrangements where positions on the grid were already taken would not have beads for that position. Additionally, at the front of the tray were two extra pieces of card in a "V" shape, the point of the "V" pointing at the front of the matchbox. Michie and his artificial intelligence team called MENACE's algorithm "Boxes", after the apparatus used for the machine. The first stage "Boxes" operated in five phases, each setting a definition and a precedent for the rules of the algorithm in relation to the game. == Operation == MENACE played first, as O, since all matchboxes represented permutations only relevant to the "X" player. To retrieve MENACE's choice of move, the opponent or operator located the matchbox that matched the current game state, or a rotation or mirror image of it. For example, at the start of a game, this would be the matchbox for an empty grid. The tray would be removed and lightly shaken so as to move the beads around. Then, the bead that had rolled into the point of the "V" shape at the front of the tray was the move MENACE had chosen to make. Its colour was then used as the position to play on, and, after accounting for any rotations or flips needed based on the chosen matchbox configuration's relation to the current grid, the O would be placed on that square. Then the player performed their move, the new state was located, a new move selected, and so on, until the game was finished. When the game had finished, the human player observed the game's outcome. As a game was played, each matchbox that was used for MENACE's turn had its tray returned to it ajar, and the bead used kept aside, so that MENACE's choice of moves and the game states they belonged to were recorded. Michie described his reinforcement system with "reward" and "punishment". Once the game was finished, if MENACE had won, it would then receive a "reward" for its victory. The removed beads showed the sequence of the winning moves. These were returned to their respective trays, easily identifiable since they were slightly open, as well as three bonus beads of the same colour. In this way, in future games MENACE would become more likely to repeat those winning moves, reinforcing winning strategies. If it lost, the removed beads were not returned, "punishing" MENACE, and meaning that in future it would be less likely, and eventually incapable if that colour of bead became absent, to repeat the moves that cause a loss. If the game was a draw, one additional bead was added to each box. == Results in practice == === Optimal strategy === Noughts and crosses has a well-known optimal strategy. A player must place their symbol in a way that blocks the other player from achieving any rows while simultaneously making a row themself. However, if both players use this strategy, the game always ends in a draw. If the human player is familiar with the optimal strategy, and MENACE can quickly learn it, then the games will eventually only end in draws. The likelihood of the computer winning increases quickly when the computer plays against a random-playing opponent. When playing against a player using optimal strategy, the odds of a draw grow to 100%. In Donald Michie's official tournament against MENACE in 1961 he used optimal strategy, and he and the computer began to draw consistently after twenty games. Michie's tournament had the following milestones: Michie began by consistently opening with "Variant 0", the middle square. At 15 games, MENACE abandoned all non-corner openings. At just over 20, Michie switched to consistently using "Variant 1", the bottom-right square. At 60, he returned to Variant 0. As he neared 80 games, he moved to "Variant 2", the top-middle. At 110, he switched to "Variant 3", the top right. At 135, he switched to "Variant 4", middle-right. At 190, he returned to Variant 1, and at 210, he returned to Variant 0. The trend in changes of beads in the "2" boxes runs: === Correlation === Depending on the strategy employed by the human player, MENACE produces a different trend on scatter graphs of wins. Using a random turn from the human player results in an almost-perfect positive trend. Playing the optimal strategy returns a slightly slower increase. The reinforcement does not create a perfect standard of wins; the algorithm will draw random uncertain conclusions each time. After the j-th round, the correlation of near-perfect play runs: 1 − D D − D ( j + 2 ) ∑ i = 0 j D ( j i + 1 ) V i {\displaystyle {1-D \over D-D^{(j+2)}}\sum _{i=0}^{j}D^{(ji+1)}V_{i}} Where Vi is the outcome (+1 is win, 0 is draw and -1 is loss) and D is the decay factor (average of past values of wins and losses). Below, Mn is the multiplier for the n-th round of the game. == Legacy == Donald Michie's MENACE proved that a computer could learn from failure and success to become good at a task. It used what would become core principles within the field of machine learning before they had been properly theorised. For example, the combination of how MENACE starts with equal numbers of types of beads in each matchbox, and how these are then selected at random, creates a learning behaviour similar to weight initialisation

MIME Object Security Services

MIME Object Security Services (MOSS) is a protocol that uses the multipart/signed and multipart/encrypted framework to apply digital signature and encryption services to MIME objects. == Details == The services are offered through the use of end-to-end cryptography between an originator and a recipient at the application layer. Asymmetric (public key) cryptography is used in support of the digital signature service and encryption key management. Symmetric (secret key) cryptography is used in support of the encryption service. The procedures are intended to be compatible with a wide range of public key management approaches, including both ad hoc and certificate-based schemes. Mechanisms are provided to support many public key management approaches. == Spreading == MOSS was never widely deployed and is now abandoned, largely due to the popularity of PGP.

Social media stock bubble

The social media bubble is a hypothesis stating that there was a speculative boom and bust phenomenon in the field of social media in the 2010s, particularly in the United States. The Wall Street Journal defined a bubble as stocks "priced above a level that can be justified by economic fundamentals," but this bubble includes social media. Social networking services (SNS) have seen huge growth since 2006, but some investors believed around 2014-2015, that the "bubble" was similar to the dot-com bubble of the late 1990s and early 2000s. In 2015, Mark Cuban, owner of the Dallas Mavericks NBA team and star of the TV show, Shark Tank, sounded an alarm on his personal blog over the social media bubble, calling it worse than the tech bubble in 2000 due to the lack of liquidity in social media stocks. A year prior, however, Cuban told CNBC that he did not believe social media stocks were on the verge of a bubble. In a letter to investors in 2014, David Einhorn, who runs the hedge-fund Greenlight Capital, wrote that "we are witnessing our second tech bubble in 15 years." He went on to write, "What is uncertain is how much further the bubble can expand, and what might pop it." Einhorn cited several factors supporting the existence an over-exuberance including "rejection of conventional valuation methods" and "huge first day IPO pops for companies that have done little more than use the right buzzwords and attract the right venture capital." Since those claims, services like Facebook, Twitter, Instagram, and Snapchat have grown to become multi-billion-dollar corporations generating enormous revenues, though some continue to lose money. == History of social networking services == Social networking services have grown and evolved with time since the launch of SixDegrees.com in 1997. Cutting edge at its time, SixDegrees.com allowed users to create a profile, invite friends, and connect within its platform. At its peak, SixDegrees.com had more than 3.5 million users. Between 1997 and 2001 more social sites aimed at allowing users to connect with others for personal, professional, or dating reasons. Friendster and MySpace were next to enter the social SNS arena, followed by Facebook in 2004. Even though MySpace had a following of more than 300 million users, it could not compete with Facebook, which now has overtaken the social networking world. However, as development of SNS started to emerge, a market saturation began to take effect. Some classrooms have begun to incorporate technology in daily learning as well as social channels specific to student's course work. Traditional social media sites are used, as are educational oriented sites such as ShowMe and Educreations Interactive Whiteboard. == Controversies == While SNS continue to play an influential role in helping people form real-world connections via the Internet, renewed concerns over the social media bubble have surfaced due to recent controversies. These threats include growing concerns about breaches in data, the rise of bot accounts, and the sharing of fake news on SNS platforms. There are also concerns that big data figures associated with these SNS are inflated or fake, as well as worries about the role the platforms played in national elections (see Russian interference in the 2016 United States elections). These issues have resulted in a lack of trust among the sites' users.

Protecting Our Kids from Social Media Addiction Act

Protecting Our Kids from Social Media Addiction Act also known as California SB 976 is a law that was enacted in September 2024 that is meant to address problematic social media usage among minors. The law prohibitions minors to have "addictive feeds" unless they have verifiable parental consent, minor's notifications are also restricted between 12 am to 6 am and during school hours between 8 am and 3 pm it also well requires minors to have default privacies settings and have social media companies to publicly disclose certain metrics about their users. The law was set to take effect in two steps the first being the restrictions on social media feeds, notifications, disclosures from social media companies and default settings which would have taken effect on January 1, 2025, and the age verification provision which would have taken effect on January 1, 2027. However, has faced legal challenges since its enactment delaying its enactment. == Legal Challenges == In November 2024 NetChoice a trade association representing many of the biggest social media companies such as YouTube, Facebook and Instagram sued the attorney general of California Rob Bonta hoping to get an injunction before the first set of the law's provisions would take effect in January of the next year. However, judge Edward Davila would only grant Netchoice's request as to the restrictions on notifications and public disclosures and would deny their request as to the rest of the law. The law was later fully enjoined temporarily by the District Court and Appellant Court pending appeal, and the case is now in the Ninth Circuit Court of Appeals and is pending a decision. === Social media platforms challenges to law === In November 2025 Meta, Google and TikTok filed lawsuits against the law arguing it violates the first amendment.

Word error rate

Word error rate (WER) is a common metric of the performance of a speech recognition or machine translation system. The WER metric typically ranges from 0 to 1, where 0 indicates that the compared pieces of text are exactly identical, and 1 (or larger) indicates that they are completely different with no similarity. This way, a WER of 0.8 means that there is an 80% error rate for compared sentences. The general difficulty of measuring performance lies in the fact that the recognized word sequence can have a different length from the reference word sequence (supposedly the correct one). The WER is derived from the Levenshtein distance, working at the word level instead of the phoneme level. The WER is a valuable tool for comparing different systems as well as for evaluating improvements within one system. This kind of measurement, however, provides no details on the nature of translation errors and further work is therefore required to identify the main source(s) of error and to focus any research effort. This problem is solved by first aligning the recognized word sequence with the reference (spoken) word sequence using dynamic string alignment. Examination of this issue is seen through a theory called the power law that states the correlation between perplexity and word error rate. Word error rate can then be computed as: W E R = S + D + I N = S + D + I S + D + C {\displaystyle {\mathit {WER}}={\frac {S+D+I}{N}}={\frac {S+D+I}{S+D+C}}} where S is the number of substitutions, D is the number of deletions, I is the number of insertions, C is the number of correct words, N is the number of words in the reference (N=S+D+C) The intuition behind 'deletion' and 'insertion' is how to get from the reference to the hypothesis. So if we have the reference "This is wikipedia" and hypothesis "This _ wikipedia", we call it a deletion. Note that since N is the number of words in the reference, the word error rate can be larger than 1.0, namely if the number of insertions I is larger than the number of correct words C. When reporting the performance of a speech recognition system, sometimes word accuracy (WAcc) is used instead: W A c c = 1 − W E R = N − S − D − I N = C − I N {\displaystyle {\mathit {WAcc}}=1-{\mathit {WER}}={\frac {N-S-D-I}{N}}={\frac {C-I}{N}}} Since the WER can be larger than 1.0, the word accuracy can be smaller than 0.0. == Experiments == It is commonly believed that a lower word error rate shows superior accuracy in recognition of speech, compared with a higher word error rate. However, at least one study has shown that this may not be true. In a Microsoft Research experiment, it was shown that, if people were trained under "that matches the optimization objective for understanding", (Wang, Acero and Chelba, 2003) they would show a higher accuracy in understanding of language than other people who demonstrated a lower word error rate, showing that true understanding of spoken language relies on more than just high word recognition accuracy. == Other metrics == One problem with using a generic formula such as the one above, however, is that no account is taken of the effect that different types of error may have on the likelihood of successful outcome, e.g. some errors may be more disruptive than others and some may be corrected more easily than others. These factors are likely to be specific to the syntax being tested. A further problem is that, even with the best alignment, the formula cannot distinguish a substitution error from a combined deletion plus insertion error. Hunt (1990) has proposed the use of a weighted measure of performance accuracy where errors of substitution are weighted at unity but errors of deletion and insertion are both weighted only at 0.5, thus: W E R = S + 0.5 D + 0.5 I N {\displaystyle {\mathit {WER}}={\frac {S+0.5D+0.5I}{N}}} There is some debate, however, as to whether Hunt's formula may properly be used to assess the performance of a single system, as it was developed as a means of comparing more fairly competing candidate systems. A further complication is added by whether a given syntax allows for error correction and, if it does, how easy that process is for the user. There is thus some merit to the argument that performance metrics should be developed to suit the particular system being measured. Whichever metric is used, however, one major theoretical problem in assessing the performance of a system is deciding whether a word has been “mis-pronounced,” i.e. does the fault lie with the user or with the recogniser. This may be particularly relevant in a system which is designed to cope with non-native speakers of a given language or with strong regional accents. The pace at which words should be spoken during the measurement process is also a source of variability between subjects, as is the need for subjects to rest or take a breath. All such factors may need to be controlled in some way. For text dictation it is generally agreed that performance accuracy at a rate below 95% is not acceptable, but this again may be syntax and/or domain specific, e.g. whether there is time pressure on users to complete the task, whether there are alternative methods of completion, and so on. The term "Single Word Error Rate" is sometimes referred to as the percentage of incorrect recognitions for each different word in the system vocabulary. == Edit distance == The word error rate may also be referred to as the length normalized edit distance. The normalized edit distance between X and Y, d( X, Y ) is defined as the minimum of W( P ) / L ( P ), where P is an editing path between X and Y, W ( P ) is the sum of the weights of the elementary edit operations of P, and L(P) is the number of these operations (length of P).

PGP word list

The PGP Word List ("Pretty Good Privacy word list", also called a biometric word list for reasons explained below) is a list of words for conveying data bytes in a clear unambiguous way via a voice channel. They are analogous in purpose to the NATO phonetic alphabet, except that a longer list of words is used, each word corresponding to one of the 256 distinct numeric byte values. == History and structure == The PGP Word List was designed in 1995 by Patrick Juola, a computational linguist, and Philip Zimmermann, creator of PGP. The words were carefully chosen for their phonetic distinctiveness, using genetic algorithms to select lists of words that had optimum separations in phoneme space. The candidate word lists were randomly drawn from Grady Ward's Moby Pronunciator list as raw material for the search, successively refined by the genetic algorithms. The automated search converged to an optimized solution in about 40 hours on a DEC Alpha, a particularly fast machine in that era. The Zimmermann–Juola list was originally designed to be used in PGPfone, a secure VoIP application, to allow the two parties to verbally compare a short authentication string to detect a man-in-the-middle attack (MiTM). It was called a biometric word list because the authentication depended on the two human users recognizing each other's distinct voices as they read and compared the words over the voice channel, binding the identity of the speaker with the words, which helped protect against the MiTM attack. The list can be used in many other situations where a biometric binding of identity is not needed, so calling it a biometric word list may be imprecise. Later, it was used in PGP to compare and verify PGP public key fingerprints over a voice channel. This is known in PGP applications as the "biometric" representation. When it was applied to PGP, the list of words was further refined, with contributions by Jon Callas. More recently, it has been used in Zfone and the ZRTP protocol, the successor to PGPfone. The list is actually composed of two lists, each containing 256 phonetically distinct words, in which each word represents a different byte value between 0 and 255. Two lists are used because reading aloud long random sequences of human words usually risks three kinds of errors: 1) transposition of two consecutive words, 2) duplicate words, or 3) omitted words. To detect all three kinds of errors, the two lists are used alternately for the even-offset bytes and the odd-offset bytes in the byte sequence. Each byte value is actually represented by two different words, depending on whether that byte appears at an odd or an even offset from the beginning of the byte sequence. The two lists are readily distinguished by the number of syllables; the odd list has words of three syllables, the even list has two. The two lists have a maximum word length of 11 and 9 letters, respectively. Using a two-list scheme was suggested by Zhahai Stewart. == Examples == Each byte in a bytestring is encoded as a single word. A sequence of bytes is rendered in network byte order, from left to right. For example, the leftmost (i.e. byte 0) is considered "even" and is encoded using the PGP Even Word table. The next byte to the right (i.e. byte 1) is considered "odd" and is encoded using the PGP Odd Word table. This process repeats until all bytes are encoded. Thus, "E582" produces "topmost Istanbul", whereas "82E5" produces "miser travesty". A PGP public key fingerprint that displayed in hexadecimal as E582 94F2 E9A2 2748 6E8B 061B 31CC 528F D7FA 3F19 would display in PGP Words (the "biometric" fingerprint) as topmost Istanbul Pluto vagabond treadmill Pacific brackish dictator goldfish Medusa afflict bravado chatter revolver Dupont midsummer stopwatch whimsical cowbell bottomless The order of bytes in a bytestring depends on endianness. == Other word lists for data == There are several other word lists for conveying data in a clear unambiguous way via a voice channel: the NATO phonetic alphabet maps individual letters and digits to individual words the S/KEY system maps 64 bit numbers to 6 short words of 1 to 4 characters each from a publicly accessible 2048-word dictionary. The same dictionary is used in RFC 1760 and RFC 2289. the Diceware system maps five base-6 random digits (almost 13 bits of entropy) to a word from a dictionary of 7,776 distinct words. the Electronic Frontier Foundation has published a set of improved word lists based on the same concept FIPS 181: Automated Password Generator converts random numbers into somewhat pronounceable "words". mnemonic encoding converts 32 bits of data into 3 words from a vocabulary of 1626 words. what3words encodes geographic coordinates in 3 dictionary words. the BIP39 standard permits encoding a cryptographic key of fixed size (128 or 256 bits, usually the unencrypted master key of a Cryptocurrency wallet) into a short sequence of readable words known as the seed phrase, for the purpose of storing the key offline. This is used in cryptocurrencies such as Bitcoin or Monero. Like the PGP word list, the Bytewords standard maps each possible byte to a word. There is only one list, rather than two. The words are uniformly four letters long and can be uniquely identified by their first and last letters