Defining blockchain and AI 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.
Read moreIs AI used in blockchain?
New classifiers and patterns created by AI can be verified on a decentralized blockchain infrastructure and verify their authenticity . This can be used in any consumer-facing business, such as retail transactions.3 Kas 2021
Read moreWhat is AI IoT blockchain?
A possible connection between these technologies could be that IoT collects and provides data, blockchain offers the infrastructure and sets up the rules of engagement while AI optimizes processes and rules . By design, blockchain, IoT and AI are complements and can exploit their full potential if applied combined.
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