Combination of Blockchain and AI - Making the Future


For years , We all  heared the separate sounds of cryptocurrency , blockchain , AI . In recent days these three technologies have grouped together which makes a louder noise and proves to shape the future of this digital world .

We all already know about cryptocurrency , blockchain and AI . Now its time to know the impact of AI on blockchain and cryptocurrency . Here let us have a look on How AI , Blockchain and cryptocurrency proves to be the future ?

Blockchain and Cryptocurency :

As we all know , Cryptocurrency is a digital asset ,which is used for trading through online exchanges . Blockchain is a technology that introduced the concept of public ledger and the concept of decentralization . Blockchain is used by many industries and the application of blockchain increases each day .

Artificial Intelligence :

AI is a technology that seems difficult to understand but completely reduces the manual energy . According to the father of Artificial Intelligence, John McCarthy, it is “The science and engineering of making intelligent machines, especially intelligent computer programs”.

Thus artificial intelligence is a method which makes computer or software to think like humans . This pays a way for  a machine to work and think alike the human intelligence does .

Combination of AI, Blockchain and Cryptocurrency :

In cryptocurrency world , the bitcoin price which is volatile in nature  decides the volume of trading . The blockchain is used to store the trading and price prediction data in a distributed ledger . Here comes the use of AI technology . AI is used to analyse the prediction of bitcoins as human does . AI predicts the bitcoin price and data storage on blockchain automatically without the involvement of human efforts .

Already blockchain has started to uplift many industries like health care . The application of Blockchain and AI in combination on health care industry are also a notable one .The fusion of these two massive technologies will surely have a great impacts on future .

To know how this combination supports health care industry and other sectors you can just read the blog : How Artificial Intelligence (AI) Will Work in Blockchain and Cryptocurrency Industry?

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