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Companies that choose to remain invested in obsolete technologies inevitably fall into the background, while those who undergo technological transformations to differentiate quickly become pioneers in the industry.
Artificial intelligence is one of the main driving forces of innovations loved by entrepreneurs and users and has shocked numerous industries including agriculture, customer support, health care, manufacturing, technical support, games & nbsp; and Even though it is currently synonymous with the financial sector, there are endless uses of blockchain technology including transport, voting, education, charity and order forces, and this is because the blockchain can be applied to any sector in difficulty of an absolute and publicly accessible form of data to confirm actions
Considering widespread adoption both of AI and of block in many sectors, it only makes sense that the convergence of the two leads to surprising results in all aspects.
Blockchain, though powerful alone, is enhanced with a whole new level when paired with AI Technology. New features and capabilities become unlocked, improved and more secure through convergence.
Security : Blockchain technology is safer than ever, thanks to companies that have perfected cybersecurity tactics for digital resources. With the implementation of AI and machine learning, this level of security is brought to new levels, which ensures secure future applications.
Efficiency : AI can intervene to reduce the carbon footprint of the technology blockchain and reduce maintenance costs during its use. E has stimulated maintenance costs to around $ 600 million a year, including energy spent on coin mining. AI can help optimize the calculations to reduce the load of miners, resulting in lower network latency for faster transactions.
Trust : The cast iron records of the blockchain are advertised as one of its main strengths. Applied in conjunction with AI, it means that users will have clear records to follow the system thinking process. This breakthrough will help robots trust one another, increasing machine-to-machine interaction and allowing them to share data and coordinate decisions.
New markets : Making secure private data again will inevitably lead them to be sold, resulting in a market for data, model markets, and the introduction of intelligence systems, perhaps even the AI markets. Markets will have a simple and secure data sharing that will help smaller players to enter the fray.
Entrepreneurs are realizing the benefits of combining AI with blockchain technology and are starting to use it to drive innovations and solve problems. Three of the best ways they work well together include:
Storage and use of personal data : Blockchains are ideal for storing highly sensitive personal data that, if intelligently processed with AI, it can unlock so much value and convenience in our lives, such as intelligent health systems that make accurate diagnoses based on scans and medical records
Understanding the AI Decisions : decisions made by IA sometimes they can be hard to understand for humans as the way it determines whether financial transactions should be blocked or investigated. If decisions are recorded, on a datapoint-by-datapoint basis, on a blockchain, it makes their hearing much easier, with the certainty that the record has not been tampered with between the recorded information and the start of the audit process .
Better management of Blockchains with AI : When it comes to cracking codes, human experts improve over time with practice. An automatic learning-based mining algorithm would not need a lifetime to become an expert, as it could refine its capabilities almost instantly, if it is fed with the right training data.
Many researchers and companies who see the priceless uses of blockchain and artificial intelligence have already started to support and apply them, especially in the case of business tools governed by the IA. It can also be seen in social media applications, as in the case of Mithril . Mithril makes content creation and social media engagement useful for users in the form of cryptography. Their social media platform, Lit, allows what Mithril has called "social mining" where users are rewarded for the impact and influence of their content.
The convergence of AI and the blockchain is also emerging in the form of intelligent discovery. Bubblo is a real-time tracking app that offers users 5 personalized tips on bars, restaurants and other places. Users who generate data are rewarded as incentives for tokens. & Nbsp; They are also launching a market to allow users to negotiate access to their anonymous data in exchange for discounts, rewards and profits. The token can also be used by AI developers who want data sets to form their algorithms. & Nbsp;
Revolutionary technologies such as blockchain and artificial intelligence systems are singularly disruptive. When put together, the two complement each other and improve each other, and it is up to entrepreneurs to explore ways to implement the two, to get the benefits of deeper insights, greater efficiency and accountability.
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Companies that choose to remain invested in obsolete technologies inevitably fall into the background, while those who undergo technological transformations to differentiate quickly become pioneers of the industry.
Artificial intelligence is one of the main driving forces of innovations loved by entrepreneurs and users, which have upset many industries including agriculture, customer support, health care, production, technical support, games and more. Blockchain technology is a & # 39; another force not to be underestimated: synonymous with the financial sector, there are countless uses of blockchain technology including transport, voting, education, charity and law enforcement, and this is because the blockchain can be applied to any industry that needs a form of data absolute, accessible to the public to confirm actions
Considering the widespread adoption of AI and blockchain in many areas, it is only this makes sense that the convergence of the two produces surprising results on all aspects.
Blockchain, although powerful by itself, is enriched with a completely new level when combined with AI technology. New features and capabilities become unlocked, improved and more secure through convergence.
Security : Blockchain technology is safer than ever, thanks to companies that have perfected cybersecurity tactics for digital resources. With the implementation of AI and machine learning, this level of security is brought to new levels, which ensures secure future applications.
Efficiency : AI can intervene to reduce the carbon footprint of the technology blockchain and reduce maintenance costs during its use. E has stimulated maintenance costs to around $ 600 million a year, including energy spent on coin mining. AI can help you optimize the calculations to reduce the mineral load, resulting in lower network latency for faster transactions.
Confidence : recordings of the cast of the blockchain are publicized as one of its main strengths. Applied in conjunction with AI, it means that users will have clear records to follow the system thinking process. This breakthrough will help robots trust one another, increasing machine-to-machine interaction and allowing them to share data and coordinate decisions.
New markets : Making secure private data again will inevitably lead them to be sold, resulting in a market for data, model markets, and the introduction of intelligence systems, perhaps even the AI markets. Markets will have a simple and secure data sharing that will help smaller players to enter the fray.
Entrepreneurs are realizing the benefits of combining AI with blockchain technology and are starting to use it to drive innovations and solve problems. Three of the best ways they work well together include:
Storage and use of personal data : Blockchains are ideal for storing highly sensitive personal data that, when processed in an intelligent way with AI, it can unlock so much value and convenience in our lives, such as intelligent health systems that make accurate diagnoses based on scans and medical records
Understanding the AI Decisions : decisions made by IA sometimes they can be hard to understand for humans as the way it determines whether financial transactions should be blocked or investigated. If decisions are recorded, on a datapoint-by-datapoint basis, on a blockchain, it makes their hearing much easier, with the certainty that the record has not been tampered with between the recorded information and the start of the audit process .
Better management of Blockchains with AI : When it comes to cracking codes, human experts improve over time with practice. An automated learning-based mining algorithm would not need a lifetime to become an expert, as it could refine its capabilities almost instantaneously if it is fed with the right training data.
Many researchers and companies who see the priceless uses of blockchain and artificial intelligence have already begun to support and apply them, especially in the case of business tools governed by the IA. It can also be seen in social media applications, as in the case of Mithril . Mithril makes content creation and social media engagement useful for users in the form of cryptography. Their social media platform, Lit, allows what Mithril has called "social mining" where users are rewarded for the impact and influence of their content.
The convergence of AI and the blockchain is also emerging in the form of intelligent discovery. Bubblo is a real-time tracking app that offers users 5 personalized tips on bars, restaurants and other places. Users who generate data are credited as incentives. They are also starting a marketplace to allow users to negotiate access to their anonymous data in exchange for discounts, rewards and profits. The token can also be used by AI developers who want data sets to form their algorithms.
Revolutionary technologies such as blockchain and artificial intelligence systems are singularly disruptive. When put together, the two complement each other and improve each other, and it is up to entrepreneurs to explore ways to implement the two, to get the benefits of deeper insights, greater efficiency and accountability.
