What is Blockchain & AI & how does it work?

Both blockchains and AI have been in the spotlight recently. Blockchain technology automates bitcoin payments and gives users access to a shared ledger of records, transactions, and data using a decentralized, secure, and trustworthy system.

What is a blockchain-based health wallet?

One forward-thinking example is BurstIQ, a blockchain-based startup that offers data solutions for the healthcare sector and offers a health wallet using blockchain technology, AI, and big data to handle patient data. Medical providers may access patient health data via the wallet whenever needed [ 20 ].

Can blockchains improve data security?

They illustrated the efficiency of blockchains in data security via a case study of an indoor navigation system. Blockchain and AI integration is being developed to assess and improve the level of intelligent service. 5. AI and Blockchain Use Cases Introducing AI into blockchains creates new possibilities in a wide range of industries. 5.1.

What is a smart blockchain & how does it work?

The smart blockchain’s decentralized nature allows for the elimination of information silos and the realization of trustless data exchange between multiple parties [ 45 ]. In addition to lowering the price of keeping smart grids running, blockchain technology can also increase market participation and reduce associated operating expenses [ 46 ].