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AI, Machine Learning, and Blockchain: How the Crypto Industry is being Disrupted

Feb. 14, 2023.
1 min. read Interactions

About the Writer

Lewis Farrell

26.68268 MPXR

Highly curious about things that increase my awareness, expand my perception, and make me open to being a better person.

The crypto industry is being significantly disrupted by the combination of AI, machine learning, and blockchain. When the three technologies are combined, they offer a huge range of applications and opportunities. One of the advantages of blockchain technology is that it provides traceable nodes and secures distributed databases, providing transparent data sources for AI applications. Developers can also use decentralized ledger technology to ensure that no single server handles all of an application’s operations, and network parties working together can develop strong privacy protection. AI-generated smart contracts aid in the prevention of potential exploitation and provide improved traceability for malicious actors attempting to breach the system by breaking its codes or contracts. The Metaverse, an innovative digital universe that combines the power of artificial intelligence with blockchain-based technologies, provides enormous opportunities in artificial intelligence by accurately assessing and forecasting user behavior. Organizations can make faster decisions based on larger data sets and optimize operational efficiency in productive ways by leveraging the speed, power, and scope of AI and blockchain.

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