Understanding The Power Of Blockchain Infused With AI
September 11, 2018
Blockchain and AI are arguably the hottest properties in the technology industry today.
The Blockchain market is forecast to expand from a value of $210 million in 2016 to over $2.3 billion by 2021, according to Statista, while Adobe has found that the share of jobs requiring AI has increased 450% since 2013.
The intuitive qualities of artificial intelligence and the cryptographic security of Blockchain has resulted in both being considered irresistible forces for the future, but how can they benefit each other by working together?
Understanding Blockchain and AI
Over the last year, Google search requests for 'Blockchain' have increased by 250%, highlighting the technology's rise to prominence in recent times. However, around March 2018 it felt dramatically.
Fundamentally a Blockchain is a chain of information that can be added to, but never re-written. This means that appendices of new details can be created, forming new blocks - but the cryptographically secure content before won't change under any circumstances.
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