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Blockchain technology and Artificial Intelligence – A love story in making

Abhishek Anil

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BlockChain and AI - A love story in making
Source: Flickr

Blockchain is attempting to revolutionize Artificial Intelligence by allowing the business of any size to offer highly personalized recommendations to customers. This Duo is touted to cross the current plateau by giving access to high-quality data about consumers to help power AI systems.

BCEX tweeted:

“I can’t deny the importance of the blockchain, especially in the 21st century”

AI systems gives a unique customer experience that none can match, by giving personalized advice and recommendations that match their taste and size. BlockChain reframes AI by creating a database which is open and decentralized, along with strict controls over privacy by allowing shoppers to authorize the stores regarding purchase and order to blockchain ledger that protects the privacy of the consumers and retailers. This helps retailers who have problems recognizing their customers who access from multiple channels and devices.

MiloBlake, a Twitter user tweeted

“If it’s not decentralised , it’s old technology.”

This comes on track with IBM introducing the world’s smallest computer built for blockchain which was launched recently. The real objective of the little computer is to contribute to the supply chain management industry and improve tracking and logistics. Using a small computer, IBM’s little chips can be tagged to anything and can be applied to a wide variety of products and be used by companies that to stay up to date on a network. Those taking care of supply chain management can consistently receive up-to-date information about products like where a shipment is, where an individual product is, and whether something happened to the product or not.

According to the IBM BlockChain page

“Blockchain offers a shared ledger that is updated and validated in real time with each network participant. It enables equal visibility of activities and reveals where an asset is at any point in time, who owns it and what condition it’s in.”

There are more subtle benefits of using blockchain databases for AI applications Blockchains, that means, AI models can access and trust the source of each data element. If it is found that one source of data is unreliable, all of the data from that source can be tracked down and removed. Blockchain is guiding AI into an age that will make our lives sufficient and more convenient,





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Jibin M George

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