Artificial intelligence (Of) and Blockchain intelligently combined, is a milestone towards the technological future.
Both technologies are becoming increasingly self-sufficient. Whether consciously or unconsciously, technology has arrived in our lives. We often don't notice this. Combinations are still the exception. Unfortunately!
The AI in particular is making a quiet triumphal march in our homes, our everyday life is supported by artificial intelligence. Without this technical support, electricity providers would sleep much more restlessly – Power outages would be the order of the day. Conducting the enormous amounts of electricity over the European routes and their distribution cannot be handled without intelligent systems.
And, even if many people don't like it, the systems work autonomously to a certain extent. Everything has to happen at lightning speed. Otherwise the lights will literally go out very quickly.
Digital payment providers would also be lost without artificial intelligence and its techniques. Speed and comfort must be reconciled. AI early fraud detection promises new opportunities through more expedient risk management in real time.
Blockchain provides security
Blockchain is on everyone's lips right now because of Bitcoin. Digital currencies are only a tiny area of application for this decentralized and multiple existence of certain data sets. This makes the system secure!
It is currently impossible to change all data sets at once – to manipulate.
“Until now” is deliberately chosen. Even if the disciples of blockchain technology don't like to hear it or simply don't know it (want), the time will come, where quantum computing in the wrong hands will push technology to its limits. I will write a separate article on this topic in the near future.
With the best protection, if the swarm of blockchain servers is large and their locations are decentralized. In simple words: The more similar data sets there are, the harder it is, manipulate them all at once.
What has to happen?
Artificial intelligence has a problem! To work self-sufficiently, very large amounts of learning data are necessary. These are often recorded in a rudimentary manner, used and then flows into a system with real data. Here's the crux of the matter: Learning data can be easily manipulated!
