How are blockchain and AI being used with Industry 4.0?
Two major ways are in communication and data storage.
AI is being used for business chatbots in order to improve the customer experience and increase personalization in communication.
Blockchain and AI are also being used to efficiently store data, use it, and keep it safe.
This has the potential to make major impacts on the industry! As Analytics Insight said, "The Industry 4.0 will be the first major revolution that has moved from a tech-centric state to another, perhaps more advanced one, and will focus on distinct cornerstones, including information transparency, assistance, and interconnection."
The Integration of AI and Blockchain for Industry 4.0 Over the past few years of existence, Blockchain and Artificial Intelligence have been shaping their paths with a slight overlap in their own.But some are already leveraging machine learning services that are helping in identifying them instantly; Speed – Using both technologies together can improve the speed of information and data transfer and can enable customers a better and faster interaction with companies; Customization – In the coming years, services will be even more personalized and the recommendations system of large companies or businesses is destined to spread on a large scale.Read More