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Combination of Blockchain Technology with AI and IoT

    • 편집국 기자
    • |
    • 입력 2019-01-10 18:02
    • |
    • 수정 2019-01-18 11:26

It has been steadily reported by numerous mediums in 2018 that giant technologies of like Big Data, Blockchain, Artificial Intelligence (AI) and Internet of Things (IoT) is going to rule the era of 4th industrial revolution. This euphoria made many companies and start-ups fervent to delve in the digital market and prepare a range of components that would advance the technology followed by the digital marketing. Many industry and IT experts started discussion about the concerned issues after all these technologies go through a sort of combination. However, till today, the most commonly claimed areas that can be based on blockchain are cyber, healthcare, insurance, finance including domestic and overseas banking services, real-estate, charity, game industry, media and broadcasting, education etc,.

It is always in discourse that IoT and Blockchain is different technologies but share similar utilization benefits fundamentally if they combine themselves with artificial intelligence because artificial intelligence can provide algorithms which can further analyse the data of IoT devices. Furthermore, Blockchain being a security ledger technology, can validate the data storage. Consequently, extremely large data sets could also be possibly made and computational analysis of patterns, trends, orientations, associations, interactions and human behaviour be revealed.

Sanjay 기자 [email protected]

편집국 기자 | 편집국@tvcc.publishdemo.com

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