Blockchain and artificial intelligence (AI) are two of the hottest technology trends nowadays. No wonder most companies and venture-capital investors are interested in implementing these technologies in various areas.
Blockchain decentralizes and distributes data in an innovative and secure way with the use of cryptography. It can be used to optimize the efficiency of value transfer networks, asset registers, and marketplaces. That's why it's also called distributed ledger technology. A distributed ledger ensures that all parties in a network are on the same page at all times with regards to their past activities and current balances, as they update each new piece of information simultaneously. This is mostly a process innovation, which is very useful in the digital age when most transactions and business processes are managed electronically. Its applications...