Uploaded on Jul 2, 2020
PPT on the Integration of AI and Blockchain.
Integration of AI and Blockchain.
Integration of AI and
Blockchain
Introduction
• AI and blockchain prove to be quite a powerful combination, enhancing virtually every
industry they are implemented into.
• Blockchain and artificial intelligence converge to improve everything from logistics in the food
supply chain and exchanging health care information to advertising sales and financial
protection.
Source: Pixabay
Performance
• AI and blockchain are in positions where they can take advantage of each other and support
each other in reaching their next step towards the fourth industrial revolution.
• For example , if a customer needs clarification on a particular subject, or has a specific
question, a chatbot can handle customer service. Because chatbots are powered by machine
learning and algorithms, the response will surely be faster and more satisfying.
Source: Pixabay
Competitive Edge
• Big Data developments are the force behind the AI revolution. It has enabled companies to
organize a large dataset into organized components which can be processed very quickly by
computers.
• At the same time, this importance of data has facilitated development in blockchain as its
distributed ledger is an revolutionary way of storing data in an effective and productive
manner.
Source: Pixabay
Security
• Blockchain technology is safer by allowing stable future implementations of applications with
AI implementation.
• An example of this is AI algorithms which increasingly make decisions about whether financial
transactions are fraudulent and should be blocked or investigated.
Source: Pixabay
Trust
• Blockchain's iron cast records are considered as one of their USP. Applied in combination with
AI, this means that users have clear records for following the thought process of the system.
• This in effect makes the bots trust each other, improving machine-to - machine contact and
allowing them to exchange data and organize decision-making at large.
Source: Pixabay
Better Management
• A machine learning-powered mining algorithm would remove the human intelligence
necessity, and if it is fed the right coaching information, it will almost directly sharpen its
skills. So AI also helps to higher control blockchain networks.
Source: Pixabay
Smart Computing
• AI and blockchain can provide smart computive power too including encrypted knowledge
like hashing and AI for machine learning algorithm.
Source: Pixabay
Diverse Data Sets
• Unlike computing-based projects, in a public blockchain network situation, blockchain technology creates
suburbanized, transparent networks that can be accessed by anyone around the world.
• Through having API's on the blockchain Associate in Nursing APIs, it will allow A.I to communicate. Staff. As
a consequence, various algorithms can be based on different sets of information.
Source: Pixabay
Monetization
• Another turbulent innovation that could be doable by combining the 2 technologies is that the validation
of knowledge.
• Monetizing collected data is a major revenue stream for big corporations, such as Facebook and Google.
Having others determine how data is marketed to produce money for businesses shows that data is being
protected against us.
Source: Pixabay
Decision Making
• Using blockchain technology, all the data, variables, and processes used by AIs for their
decision-making processes are recorded immutably. It makes auditing the entire operation
much easier.
• All steps from data entry to conclusions can be observed with the correct blockchain code,
and the observer can be confident that this data has not been altered with.
Source: Pixabay
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