Blockchain and Artificial intelligence: The Intersection of Blockchain Technology and Artificial Intelligence

Hello everyone, How are you doing, I welcome you again to my blog in the Steem Alliance community.

Today, we will discuss an interesting topic on the platform which will be: Blockchain and artificial intelligence: The Intersection of Blockchain Technology and Artificial Intelligence

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• Introduction

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The possibility of blockchain technology is always improving, and two of the most interesting ideas that we can hope to see in the future is its intersection of blockchain with AI, at the point when these two actually intersect, I am sure the potential outcomes will definitely improve a lot of things in the crypto space.

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In this article, we will discuss how blockchain and artificial intelligence can intersect and how they can be useful in our day-to-day way of living.

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Understanding Blockchain and AI

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What is Blockchain? Blockchain is a decentralized system that records transactions on the web securely and straightforwardly, It guarantees that data or customer information is secure, maintaining trust in this method for finance.

What is an Artificial Intelligence? Artificial Intelligence refers to machines and systems that can help humans perform tasks that usually require human monitoring before, for example, learning, trading, and navigation.

Artificial intelligence can easily study a huge number of information at a time making them process data or information faster than humans, and this is what brought its innovation to the blockchian system as well.

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The Intersection of Blockchain and Artificial Intelligence

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When blockchain and artificial intelligence intersect, they can improve each other's capacities in enormous ways that we ourselves can not imagine, let's take a look at a few together:

1 . Improve Information Security and Privacy:

Blockchain It ensures that information is stored safely and visible to everyone
AI can study this safe information without compromising its security, giving more ways on how we can secure the platform in a better system.

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2 . Improved Decision Making:

AI can help handle enormous data and give us results with high precision in a matter of minutes.
Blockchain gives an automatic and unchangeable record we got from this AI, guaranteeing trust in the system.

3 . Automation and Smart Contracts:

Smart contracts on the blockchain can immediately execute transactions when specific requirements are met according to its coding.

AI can help improve these contracts by running additional information with it in any case if a requirement is needed that is outside the coding of the smart contract, this can really come in handy.

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Human Emotions and Real-Life Impact

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Imagine a situation where your own information is secure, your internet-based transactions are swift and straightforward, and artificial intelligence helps make your life simpler and more productive. The intersection of blockchain and artificial intelligence can truly achieve a great deal of emotional relief for us:

Peace of Mind: Knowing that your information is already protected by blockchain innovation sort of gives us a real peace of mind

Trust: The transparency of blockchain can bring trust in automatic transactions between organizations, letting individuals have a good sense of trust in whatever aspect they choose.

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3 . Better Decision-Making: Artificial intelligence can drive us into a little bit of knowledge and can help people make better choices regardless of the emotions on the line, and even in medical care, giving us this sense of entitlement that we are double-checking our decision in our lives.

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Conclusion

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The intersection of blockchain technology and artificial intelligence isn't just a hypothetical experiment; it's a good sign for a future where technological innovation will work perfectly in our way of living, I am actually big on AI ideas which might probably be because I study engineering and robotics, but I could guarantee that with AI in blockchain, we can go way further than what we or anyone might have imagined.

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^{' NB: This post concerns education, not investment advice. Digital asset prices are subject to change. All forms of crypto investment have a high risk. I am not a financial advisor, before jumping to any conclusions in this matter please do your research and consult a financial advisor}

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