Op-ed: Blockchain and AI Combine to Advance Modern Technological Progress

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Currently, there is an increased pace in the areas of technology development compared to progress over the past two years years. decades. This exponential increase springs from the dashboard of the Internet and the many millennial technologies that are built there.

These emerging developments lead us to a smarter world where identified redundancies are eliminated, highlighting more direct and productive solutions. Effective cost management by eliminating intermediaries and achieving more specific goals while maximizing available resources are just some of the benefits of the technological advancements we are seeing today. One of the fundamental elements of these achievements is the concept of artificial intelligence (AI), which helps humanity build a smarter world.

Technology as it is today

Technology today involves a high degree of information gathering and data analysis. Data management has become an important determinant in various industries. Therefore, the success or failure of institutions depends largely on how robust and efficient information that surrounds them is handled and managed. This highlights the qualities of blockchain technology in the effective management of data and its compatibility with other existing technologies for solution purposes.

Jason Cassidy, founder of Helium, told CCN that AI is a term commonly used by the rarely heard terms that circulate around these days.

"Every year, we rely more and more on artificial intelligence to help us.Now, when you combine the burgeoning field of blockchain technology with AI, you get incredibly synergistic results. "

Synergy between technologies

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Source: Shutterstock

He notes that it is very likely that the AI is now at a level of robustness that this can not only improve the operation of blockchains, and the AI ​​itself can also be mutually enhanced by blockchain technology.

This is the kind of synergy that is exemplified by the promising area of ​​blockchain-based advertising, which combines blockchain smart deals, neural technology and artificial intelligence in targeted advertising.

Mr. Cassidy goes on to explain that security, scalability, optimizing energy consumption and improving efficiency are among the areas in which blockchain and artificial intelligence will both benefit from harmonization. Given that these two technologies are based on a great deal of trust, these improvements will clearly increase the level of trust that society places in them over time.

As more and more data points are introduced and transmitted to the IA, the need to store this data safely is facilitated by the chain of blocks. Once stored, the ability to understand and use such data to make better decisions is the job of AI. In this perspective, these innovations work hand in hand to improve the weaknesses of each other. Thus, like the Internet of Things (IoT), we find in artificial intelligence another powerful technology likely to find its way to traditional adoption via the Internet. advent of the blockchain. Thus, the blockchain appears as one of the technological "stepping stones" that society has been waiting for.

Technologies for Improvement

Having gone through the early stages of development with many confrontations in terms of acceptability, the dust in the blockchain industry finally settles. Industries find appropriate implementations for emerging technology, and startups take advantage of the opportunities that are there.

From a general point of view, blockchain technology is seen by many as a tool to improve already existing processes. This explains how fast the technology is gaining popularity. Also carrying the role of developing Internet Carrier (IoV), the curiosity that it exalts also explains an important aspect of the awareness and growth observed up to here in the world. # 39; industry.

As proponents of blockchain technology believe, it is a development that is built for a mainstream application. This negates any idea that the blockchain is a standalone technology, which makes it useful that it be combined or integrated with other existing entities. Therefore, finding objective methods of connecting technologies to achieve robust innovations goes beyond the concept of choice. It is a fundamental necessity to reach the various solutions that will provide the ecosystem of rapidly changing humanity of technology.

Pictures of Shutterstock

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