The Convergence of Blockchain and Artificial Intelligence

4 years ago dzone.com

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by According to a 2016 research by Mckinsey, it was revealed that the total annual external investment in AI ranged between $8billion to $12billion in. Statistically, this is a clear sign that AI is making a great impact in the global industries especially the financial sector.

Amazing features and underlying capabilities that come to play are as follows : One of the underlying benefits of blockchain technology is its unique ability to operate as a borderless payment network.

Inherently, blockchain is perfect for storing highly sensitive information because of its immutability features – that is it can’t be altered.

Therefore, by combining the unique features of both AI and blockchain, it’s logical to say that there is going to be a much promising trust system in the financial industry.

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