Have you ever experienced the feeling you are seeing the future; you see and just know what will happen? It is exactly what I got in my mind when studying Blockchain and AI at the University. Sometimes the knowledge is forming unconsciously and sitting deep in your mind ready to pop out, waiting only for the right moment to come.
From the early beginning, I strongly associated Blockchain with AI. I knew that they both were born to cooperate as friendly partners in the space of the modern internet ecosystem. Whatever the reason for such noble cooperation, it should lead to a new value creation…. A positive value I mean, at least in theory.
During many years behind closed doors and in recent times publicly, two technologies have been making significant strides in their respective public sectors and industries: Artificial Intelligence (AI) and Blockchain.
AI is known for its ability to learn, adapt, and make predictions, while blockchain technology offers a secure and transparent way to store and transfer data. While both have unique features and benefits, they are not mutually exclusive. Combining AI and blockchain technology can create a powerful and efficient platform for various real-world use cases.
Blockchain and AI are for sure two of the most exciting and innovative technologies of the 21st century. While they are often discussed in the context of large corporations and governments, there are many ways that everyday internet users can benefit from the development and adoption of these technologies.
Blockchain technology has gained a lot of popularity in recent years, especially in the finance and banking industry. Its primary benefit is its ability to create a secure and transparent ledger that can be accessed and verified by anyone on the network. AI, on the other hand, is being known and used in various industries to improve efficiency and accuracy.
By combining these two awesome technologies in one platform, it is possible to create secure and efficient solutions that can be used in several industries, including healthcare, supply chain management, and finance. But not only!
One of the most significant benefits of combining AI and blockchain technology is data security. Blockchain technology uses a decentralised network that is resistant to tampering and hacking. On the other hand, AI is designed to analyse data and make predictions based on patterns and trends. By combining these two technologies, we can create a platform that is not only secure but also able to analyse large amounts of data to make informed decisions.
Another potential application of AI and blockchain technology is in supply chain management. The supply chain involves various stakeholders, including manufacturers, suppliers, distributors, and retailers. Tracking the movement of goods and ensuring their authenticity and quality is crucial in supply chain management. By using blockchain technology, the movement of goods can be tracked in real-time, and their authenticity can be verified. AI can be used to analyse this data and make better decisions, such as predicting demand for certain products or identifying potential bottlenecks in the supply chain.
It is important to educate as many users of the internet as possible and tell them true stories and facts about mentioned the technology. Many people are still unfamiliar with these technologies and may be sceptical or misinformed.
By sharing accurate information and explaining the potential benefits of blockchain and AI, users can enjoy more benefits and make more informed decisions. Proper education in the field of emerging technologies is very important for the safety and well-being of the internet community.
The marriage of AI and Blockchain had been a long time coming. They had been dating for years, and it was evident that they complemented each other perfectly.
AI brought intelligence, while Blockchain brought security and transparency.
Together, they were a force to be reckoned with. They could solve complex problems, automate processes, and create new opportunities. The guests (I mean Us) at the wedding hope that this marriage would change the world forever and for the better.
We are going to witness it, whether directly involved or indirectly affected. If you denied it by hiding a head under the sand, your ass is exposed and more prone to an ass-kicking. So better learn something, make your contribution to society, and deliver your feedback.
The marriage of AI and Blockchain would lead to many new developments in the tech industry. With AI’s ability to analyse data and Blockchain’s ability to securely store and share information, the possibilities were endless.
The marriage is just the beginning of a long and successful partnership we hope.
With the world watching, AI and Blockchain are ready to change the world.
Let’s hope that the happy marriage of AI and Blockchain will not just be celebrated by the big tech industry only, but by the world at large. Let us prove that a momentous occasion, a union of AI and blockchain technology would bring about a brighter future for all of Us. Cheers & @men 🙂
To be continued.
Originally published at https://spektrumlab.io on May 9, 2023.