Blockchain and AI Bond, Explained


The two technologies may have evolved separately, but they show impressive potential when combined and are already being integrated.

Considering the enormity of both trends across the tech world, it was only a matter of time until their trajectories merged. At their core, both technologies are centered around managing and communicating data, though they solve different parts of the puzzle. One of the byproducts of the digital revolution is that we generate massive troves of data from millions of touchpoints every day. AI is designed to quickly collect, analyze and correctly interpret the data, and react to it without any human interaction.

While it remains far from independent for now, AI can learn and continuously improve its operations as it collects and parses new data points. Companies like Netflix, Spotify, Google and even some health care organizations already use AI to tailor their services while providing better recommendations and improving results for consumers.

Blockchain, on the other hand, is more concerned with the storage and communication of data. Its distributed ledger architecture means that data is stored simultaneously across all nodes connected to the network, and it allows for data to be completely decentralized, making it quicker to access and more democratic. Since every node has access to all the available data, AI becomes less reliant on central storage for processing.

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