How can the interoperability between AI and blockchain technology support a new era of industrial and digital (r)evolution
Written by Antonio Lanotte Chartered Tax Adviser/Senior Auditor/International Tax Member/Delegate Tax Technology Committee - CFE Bruxelles
Artificial intelligence (AI) and blockchain are two of the most transformative technologies of the 21st century. While AI focuses on simulating human intelligence through machines, blockchain provides a decentralised and secure way to record transactions and data. AI encompasses machine learning, natural language processing, computer vision and other techniques that enable machines to perform tasks that typically require human intelligence, while blockchain technology is a decentralised ledger technology that ensures secure, transparent and tamper-proof recording of transactions across a distributed network. In a
context of fourth industrial revolution, marked by the fusion of physical and digital technologies and so leading to smart and autonomous industrial operations, the integration of AI and blockchain spans various domains, including:
· enhancing production processes through predictive analytics, real-time monitoring and autonomous decision-making (smart manufacturing).
· improving…
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