Blockchain & AI: Do they go hand-in-hand?
Posted: Jan 26, 2019
John McCarthy, father of Artificial Intelligence defined Artificial Intelligence as, "The science and engineering of making intelligent machines, especially intelligent computer programs". We all have probably heard about world chess champions losing to a computer system or AI-powered washing machine or self-driving cars. These are some examples which are powered by artificial intelligence. Artificial intelligence is nothing but creating systems capable of executing tasks that seem to require acumen. Blending blockchain and artificial intelligence together can actually do wonders.
For a machine to master, it needs a large amount of data to analyze. This process is similar to humans. We analyze data passively by using our five senses. According to Trent McConaghy, he stated in his article three characteristics introduced by blockchain which are as follows:
- Decentralized/shared control
- Immutable/audit trails
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