Blockchain and Artificial Intelligence: The World Rewired

Blockchain and artificial intelligence are two of the most significant disruptive technologies this century, offering lower cost and increased operational efficiencies. AI is moving from structured machine learning to predictive analysis and real-world risk management, while cryptocurrencies and blockchain technology are still confused in the market. This article explores the current AI offerings and their potential to revolutionize financial and commodity markets.

\n Format: Hardback
\n Length: 264 pages
\n Publication date: 23 August 2021
\n Publisher: De Gruyter
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Blockchain and artificial intelligence are two of the most significant disruptive technologies of this century, with the potential to fundamentally transform the world of global financial markets and our daily lives. While blockchain offers a range of advantages over traditional finance, such as lower costs, increased operational efficiency, and enhanced security, artificial intelligence is rapidly advancing from basic structured machine learning to predictive analysis, real-time risk management, and investment decision-making.

Despite the growing interest in cryptocurrencies, Bitcoin, and the underlying blockchain technology, there remains a lot of confusion in the market. Blockchain and Artificial Intelligence aims to clarify these concepts and provide a comprehensive understanding of the technologies behind them.

In this article, we will explore the underlying technologies of blockchain, including its distributed ledger system, consensus algorithms, and smart contracts. We will also differentiate between cryptocurrencies and blockchain financial applications, highlighting their unique features and purposes.

Current AI offerings are already revolutionizing various industries, from healthcare to finance. Machine learning algorithms are being used to analyze large datasets, identify patterns, and make predictions, leading to improved efficiency and accuracy in decision-making. Natural language processing is enabling machines to understand and interpret human language, enabling seamless communication and interaction.

Looking ahead, the developments in AI are expected to be even more significant. Predictive analytics will become more advanced, enabling financial institutions to make more informed decisions based on historical data and market trends. Real-time risk management will become a reality, allowing institutions to identify and mitigate potential risks before they impact their operations. Investment decision-making will also be transformed, with AI algorithms analyzing vast amounts of data to identify the most promising investment opportunities.

In conclusion, blockchain and artificial intelligence are two powerful technologies that are poised to revolutionize the world of finance and beyond. While there is still some confusion in the market, Blockchain and Artificial Intelligence aims to provide a comprehensive understanding of these technologies and their potential applications. As these technologies continue to evolve and mature, they will undoubtedly bring about significant changes in the way we conduct financial transactions, manage risk, and make investment decisions.

\n Weight: 576g\n
Dimension: 376 x 211 x 21 (mm)\n
ISBN-13: 9783110661149\n \n