Future of business through the synthesis of blockchain technology, data and AI By Cointelegraph
[ad_1]
In the current period, blockchain technology is predominantly used for financial transactions. However, there are emerging trends that are redefining the application of blockchains with purposes like fraud detection, AML and supply chain management.
As emerging technologies take a big piece of global attention, all eyes are now on the convergence of blockchain technology, big data and AI. These technologies put together are creating something magical for businesses that helps them perform better.
Using AI for anti-money laundering (AML)
Fraud detection with big data and AI
Using AI and blockchains to validate data in large databases
dominance
Funding concerns
Reluctance of institutional players
Concerns around AI
Continue Reading on Cointelegraph
[ad_2]
Source link
In the current period, blockchain technology is predominantly used for financial transactions. However, there are emerging trends that are redefining the application of blockchains with purposes like fraud detection, AML and supply chain management.
As emerging technologies take a big piece of global attention, all eyes are now on the convergence of blockchain technology, big data and AI. These technologies put together are creating something magical for businesses that helps them perform better.
Using AI for anti-money laundering (AML)
Fraud detection with big data and AI
Using AI and blockchains to validate data in large databases
dominance
Funding concerns
Reluctance of institutional players
Concerns around AI
Continue Reading on Cointelegraph
About The Author
