Blockchain and artificial intelligence (AI)" refers to the convergence of these two technologies, which brings new value to business through authenticity, augmentation and automation.
Blockchain is a shared, immutable ledger that provides an immediate, shared and transparent exchange of encrypted data simultaneously to multiple parties as they initiate and complete transactions. A blockchain network can track orders, payments, accounts, production and much more. Since permissioned members share a single view of the truth, they gain confidence and trust in their transactions with other businesses, along with new efficiencies and opportunities.
Artificial intelligence (AI) uses computers, data and sometimes machines to mimic the problem-solving and decision-making capabilities of the human mind. AI encompasses the sub-fields of machine learning and deep learning, which use AI algorithms that are trained on data to make predictions or classifications. The benefits of AI include automation of repetitive tasks, improved decision making and a better customer experience.
Combined values of blockchain and AI
Authenticity Blockchain’s digital record offers insight into the framework behind AI and the provenance of the data that it is using, addressing the challenge of explainable AI. This insight helps improve trust in data integrity and in the recommendations that AI provides. Using blockchain to store and distribute AI models provides an audit trail, and pairing blockchain and AI can enhance data security.
Augmentation AI can rapidly and comprehensively read, understand and correlate data at incredible speed, bringing a new level of intelligence to blockchain-based business networks. By providing access to large volumes of data from within and outside of the organization, blockchain helps AI scale to provide more actionable insights, manage data usage and model sharing, and create a trustworthy and transparent data economy.
Automation AI, automation and blockchain can bring new value to business processes that span multiple parties — removing friction, adding speed and increasing efficiency.
source: https://www.ibm.com/topics/blockchain-ai
In the ever-evolving world of secure and smart critical cyber infrastructures, combining Blockchain and Artificial Intelligence is like adding wings to a bird. It's a game-changer! But what's next on the horizon?
Well, first off, we need to make these technologies work hand in hand even better. Think of it like two superheroes teaming up to fight crime – they're stronger together. We need to find more ways for Blockchain and AI to collaborate and make our cyber infrastructure even more secure and efficient.
Then there's the whole rulebook side of things. We've got to make sure we have clear guidelines and laws in place. That means figuring out how to use these technologies responsibly and ethically, while still protecting people's privacy and rights. It's like building guardrails on a highway – keeps things moving smoothly and safely.
Of course, none of this happens without the right people. We need a bunch of smart cookies who know their stuff when it comes to Blockchain and AI. That means investing in education and training programs to make sure we've got a skilled workforce ready to tackle whatever comes our way.
But it's not just about us here in India. Cyber threats don't care about borders. That's why we need to team up with other countries and share what we know. Together, we can build a global defense against cyber attacks that's stronger than anything we could do alone.
And let's not forget about encouraging new ideas. We need to create an environment where startups and researchers feel like they can take risks and try out bold new concepts. Who knows? The next big breakthrough in cyber security could be just around the corner.
So, there you have it – the next steps in integrating Blockchain and Artificial Intelligence into our cyber infrastructure. It's all about teamwork, rules, education, collaboration, and a healthy dose of innovation. With that recipe, we're sure to stay one step ahead in the ever-changing world of cyber security.
- Badges
- Science topic
- Similar topics
- Geoscience
- Atmospheric Sciences
- Atmosphere