Why Blockchain and AI could be the Perfect Match

Artificial Intelligence is fast becoming the most popular buzz word in all walks of industry and this is mainly down to the increase in progress being made within the field of big data.
There has always been the need for businesses to handle data but the emphasis of late has been to ensure that the data collected is handled both morally and securely. This is where AI, used to process the data more effectively and blockchain can have a positive impact.

The technology behind blockchain is advancing at a super-fast rate and is seen as a viable solution to data storage. Unlike traditional storage solutions such as hard drives, USB and more recently cloud where there maybe only one or two copies of the data held, blockchains are not held by one single entity as a copy of the data(which is also encrypted) is held on each and every computer(node) within the network or ecosystem, meaning that if one the computers is compromised the data will not be lost.

Blockchain it would seem is the perfect solution to the handling and storing of personal or sensitive data and when combined with AI could provide better experiences for the end users.
Currently there are quite a few projects within the crypto scene working on combining the two worlds and one in particular has caught my attention.

https://www.neurochaintech.io is a French based company currently working on a solution to replace traditional blockchain technology such as that of Bitcoin(which relies heavily on brute force protocols such as POW and POS) with a new augmented ecosystem based rather off of intelligent decision making. A new set of flexible and scalable rules to reach consensus will be run on an army of nodes known as Bots. Consensus will be reached using the protocols Proof of Involvement &Integrity and Proof of workflow (known collectively as PII).

Neurochain has been built with the human brain in mind, better performance and fewer resources are required. AI combined with projects like this will allow tasks to be completed more efficiently and intelligently.

Imagine algorithm’s that implement machine learning and actually evolve with time as more and more data is fed into the ecosystem. As they get smarter they will eventually be able to propose solutions to issues without the need for a human to program in the solution.

It looks as though this is happening and AI and blockchain technology are seemingly the perfect match for each other.