{"id":20542,"date":"2021-07-21T17:29:58","date_gmt":"2021-07-21T16:29:58","guid":{"rendered":"http:\/\/bitcoinprbuzz.com\/?post_type=blog&p=20542"},"modified":"2022-01-31T08:14:01","modified_gmt":"2022-01-31T08:14:01","slug":"the-future-of-blockchain-and-ai-technology","status":"publish","type":"blog","link":"https:\/\/wire.bitcoinprbuzz.com\/blog\/the-future-of-blockchain-and-ai-technology\/","title":{"rendered":"The Future of Blockchain and AI Technology – Decentralized AI a Potential Evolutionary Pinnacle"},"content":{"rendered":"

Considered as a vital part of the<\/span> fourth industrial revolution<\/span><\/a> by some, Blockchain and AI (Artificial Intelligence) are changing the world we live in today. AI has been worked on and improved for decades now and in some areas it has reached a point where the processing and logical reasoning power is starting to give outputs that are leaving humans behind. You may recall when Google’s AI program <\/span>AlphaGo won over Go master Lee Se-dol<\/span><\/a> back in 2016.\u00a0<\/span><\/p>\n

Blockchain\u2019s impact is so well documented that there is no doubt about its abilities. From powering cryptocurrencies like Bitcoin to creating a whole ecosystem of automated and decentralized finance (DeFi), it has practically penetrated every conceivable industry and sector.<\/span><\/p>\n

But what if we are to combine these two? What powers come into being and how can these be exploited?<\/span><\/p>\n

\u00a0<\/span><\/p>\n

Blockchain & AI – A Symbiotic Relationship<\/span><\/h2>\n

AI and blockchain are very different technologies. One is a logic-based decision-making system that learns just like humans do while the latter is a digital ledger technology that can be used to store and retrieve a variety of data.<\/span><\/p>\n

A blockchain system can contain a massive amount of data, the potential is limited only to our ability to understand and make sense out of it. This is where AI and machine learning can come in handy. AI is able to merge the processing power of computing and think along the lines of what a human would interpret from it and therefore it can help blockchain systems to increase their potential many fold.<\/span><\/p>\n

At the same time, AI can bank on the open, decentralized and readily available data to learn more and improve its functions far quicker than in an isolated existence. Both technologies can be combined to create a whole new set of information extraction and implementation that is light years ahead of what we can do.<\/span><\/p>\n

 <\/p>\n

Digital Darwinian Evolution<\/span><\/h2>\n

Like life forms, AI and blockchain have gone through an evolution over the years. Some projects are now focusing on combining the two different entities into one single system meaning that decentralized AI may very well be the combined next stage of the evolution. While there are many ways this transition can be defined, it is more or less in three main stages:<\/span><\/p>\n