Authenticity
Blockchain provides a digital record that enhances transparency regarding the data used by AI, addressing the challenge of explainability in AI systems. This transparency fosters trust in data integrity and the recommendations made by AI. Additionally, using blockchain to store and share AI models creates an audit trail, enhancing data security.
Augmentation
AI’s ability to rapidly analyze and correlate large volumes of data can significantly enhance blockchain-based business networks. By integrating data from various sources, blockchain enables AI to deliver actionable insights, manage data usage, and facilitate model sharing, thereby promoting a trustworthy and transparent data economy.
Automation
The combination of AI, automation, and blockchain can streamline business processes involving multiple parties, reducing friction and increasing efficiency. For instance, AI models embedded in smart contracts can automate actions such as recalling expired products, executing transactions, resolving disputes, and selecting sustainable shipping methods.
0 thoughts on “Combined Values of Blockchain and AI”