Written by Tim Carswell. The integration of AI and blockchain technology combines AI's predictive power with blockchain's decentralized and secure ledger, addressing AI's opacity with auditable decision-making records on blockchain. Thus, improving data security and privacy, enables collective decision-making without central authorities, and fosters decentralized data marketplaces for monetisation. Despite challenges, this integration promises transformative impacts by leveraging each technology's strengths to overcome existing limitations and drive innovation.
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Transformative potential of AI and blockchain…
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Written by Tim Carswell. The integration of AI and blockchain technology combines AI's predictive power with blockchain's decentralized and secure ledger, addressing AI's opacity with auditable decision-making records on blockchain. Thus, improving data security and privacy, enables collective decision-making without central authorities, and fosters decentralized data marketplaces for monetisation. Despite challenges, this integration promises transformative impacts by leveraging each technology's strengths to overcome existing limitations and drive innovation.