AI and Blockchain are terms that are no longer unfamiliar to information technology enthusiasts as these are the two leading technologies in the world currently in the 4.0 technology revolution that will later become 5.0.
So, what would the crypto world (which is created from blockchain technology) look like if AI was added? Let's find out with FinFan in the following article.
AI technology is technology that is programmed so that robots, or machines, are capable of performing some daily human activities such as: driving, working in factories, delivering goods, etc.
At this point, you will definitely think about what is special about this technology, right, because modern machines and equipment in the 3.0 technology era have contributed to supporting people in performing those actions.
That's true, but the difference between artificial intelligence and previous logic programming is the ability to think independently. Instead of being pre-programmed according to human logic, AI can consider the situation and come up with the most optimal solution, thereby helping to save costs and increase work efficiency. The self-calculating ability of artificial intelligence also helps it come up with new opinions, contributing many new ideas in human development.
For example, with machines and equipment in the 3.0 technology era, you cannot ask them to change jobs flexibly like humans (most will be produced on production lines), for example, they cannot classify goods at the same time packing them (unless you pre-program the next actions on the machine).
However, with the advancement of technology, programmers have added self-learning capabilities to machines and robots, allowing them to perform alternating actions in the work sequence and increase labor efficiency. Movement is about 3-5 times normal (because it can do the work of 3-5 different parts and machines do not have emotions like humans).
The transportation industry is currently applying many uses of AI. A typical example is the electric vehicle industry when Elon Musk’s company created the world's first driverless Tesla cars.
From now on, people can completely free themselves from driving and at the same time help reduce unwanted traffic accidents when people are no longer aware when holding the steering wheel (drunk or psychiatric problems).
At the same time, artificial intelligence technology also helps a lot in arranging warehouses and delivering goods. This helps the logistics industry as well as e-commerce benefit as they can increase their working efficiency without losing too many workers. Some typical examples can be mentioned:
AI can support in the form of taking fingerprints or scanning QR codes from employee cards to score, using AI cameras to recognize faces as well as customers' buying habits to introduce products and take care of customers in the most reasonable way.
In particular, AI cameras can extract and provide the clearest information about a thief or robber so that the sales shop can send appropriate documents to the police.
This often happens with games that use metaverse technology (a variation of AI) where game makers create maps that completely resemble the real world so that people can both interact with the real world and the entertaining world to relax. Pokémon Go is a typical example of this type of game.
AI combined with blockchain will be a remarkable development for the crypto world, it supports:
In short, incorporating AI into blockchain in the crypto world will help transactions in this market become more transparent, faster, and more personalized.
However, this combination also brings many inconveniences for users using crypto platforms to conduct transactions as they also bring security risks, privacy risks, accuracy is not perfect, difficulty in managing large data, and unstable performance. The above issues will be mentioned by FinFan in part 2 of this article.