They used to be little more than buzzwords, but that’s not the case anymore. Blockchain and artificial intelligence (AI) have evolved into leading technologies that power innovation across almost every industry.
Artificial intelligence refers to machines that are built to perform intelligent tasks that have traditionally been accomplished by humans. Blockchain is a decentralized network of computers that records and stores data to display a chronological series of events on a transparent and immutable ledger system.
AI and Blockchain
AI and blockchain are proving to be quite the powerful pair, improving almost every industry in which they are implemented. Blockchain and artificial intelligence are combining to upgrade everything from food supply chain logistics and healthcare record sharing to media royalties and financial security.
From blockchain’s ability to track-and-trace food supply chains to the integration of AI in almost every facet of healthcare, each is tackling some of the world’s biggest challenges.
It turns out they actually work well in unison, too, building and organizing immense databases, strengthening cybersecurity protocols and performing tasks in a fraction of the time it takes humans.
Here are 31 companies that are combining blockchain and AI with great results.