Technology bridges the gap between humans and robots with advancements in AI. These days, an AI app development company tends to integrate blockchain technology to transform the core business processes.
In this blog, we are going to discuss the top ways Blockchain and AI combination brings revolutionary changes in mobile app development. Before digging deep into these ways, here is a glimpse of both these futuristic technologies.
Introduction of Blockchain and AI Technologies
Before digging deep into these ways, here is a glimpse of both these futuristic technologies.
Blockchain
Also known as Distributed Ledger Technology (DLT), blockchain technology can make the records of digital assets transparent and unalterable. Cryptographic hashing and decentralization are two major characteristics of blockchain technology.
Apart from the BFSI sector, retail, supply chain management, and other industry sectors can also leverage the benefits of this technology.
Let’s take the example of Google Docs to understand an analogy to how blockchain works. Here, the entire process of creating and sharing the document with people makes a decentralized chain.
As a result, multiple users can edit the same document at the same time and all modifications are recorded in real-time.
It makes the process transparent, secure, and swift for users. These days, blockchain technology has become an inevitable part of digital transformation solutions.
Artificial Intelligence (AI)
AI is nothing but the simulation of human intelligence in machines. It can be programmed to analyze like humans. Simply put, AI is designed to rationalize various situations and enable users to achieve set goals.
Elements like perception, reasoning, and learning are major elements of AI technology. AI app development services can integrate the features based on NLP (Natural Language Processing) and ML (Machine Learning) to get advanced and intelligent apps.
Virtual assistants and chatbots are major examples of AI-based applications. All the core industry sectors including automobiles, healthcare, eCommerce, manufacturing, and retail have integrated AI technology for streamlining processes and bringing automation.
Originally Source: blockchain-ai intergaration mobile app development
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