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AI and Blockchain: Complimenting Technologies by taskmaster4450

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hive-167922 · @taskmaster4450 ·
$14.88
AI and Blockchain: Complimenting Technologies
[Humans](https://inleo.io/@leoglossary/leoglossary-human) tend to want to compartmentalize things.  This is something that watchers of [technology](https://inleo.io/@leoglossary/leoglossary-technology) have learned to ignore.


The old saying is "what [business](https://inleo.io/@leoglossary/leoglossary-business) is a technology [company](https://inleo.io/@leoglossary/leoglossary-company-business) in?  Anyone it wants".


This stems from the fact that technology, as a whole, affects most everything.  It is counter to our common way of thinking which frames things in categories, with competition at the core.  Hence, we look at things in a non-complimentary way.


At least this is the case until we train ourselves to overcome it.


Here is where we find the most powerful of technological advancements: convergence.  This is nothing more than seemingly unrelated technologies brought together as one.  My go to example is the [smartphone](https://inleo.io/@leoglossary/leoglossary-smartphone) which merged [mobile](https://inleo.io/@leoglossary/leoglossary-mobile), compute, and the [Internet](https://inleo.io/@leoglossary/leoglossary-internet) into one device.


We are going to see that with [blockchain](https://inleo.io/@leoglossary/blockchain) and [AI](https://inleo.io/@leoglossary/leoglossary-artificial-intelligence).  Actually, because of the former, we can add [cryptocurrency](https://inleo.io/@leoglossary/cryptocurrency) to the list.


 <center> https://img.inleo.io/DQmeo4beFWcJuG3WE323AmiMN5zwMY723XUnBgMDJ9JKNpU/image.png 
Image generated by Ideogram </center>




## AI and Blockchain: Databases On Steroids


The idea that AI is somehow competing or separate from blockchain is a curious one.  


AI is certainly affected [data](https://inleo.io/@leoglossary/leoglossary-data) in a multitude of ways.  This applies to the use case, creations, and [application](https://inleo.io/@leoglossary/leoglossary-application).  What this means is databases are taken on even greater importance.  They are also being supercharged.


When it comes to blockchain, this is, at its core, a database.  We are looking at nothing different from every other [server](https://inleo.io/@leoglossary/leoglossary-server-computer).  While we are dealing with a structure that differs from the client-server model, it is still the recording of data.


After all, what does a [private key](https://inleo.io/@leoglossary/leoglossary-private-key) in a [wallet](https://inleo.io/@leoglossary/leoglossary-wallet) do?  It allows the holder of that to write to the blockchain.  Absent that, there is no access.


If AI is having an impact on databases all over the [world](https://inleo.io/@leoglossary/leoglossary-world), taking data to an entirely new dimension, it would stand to reason that blockchain would also be impacted.


This really becomes evident when we consider the rise of AI agents.


## Blockchain: Providing Trust


When it comes to our systems, trust is always key.  This is especially true when it comes to matters relating to [finance](https://inleo.io/@leoglossary/leoglossary-finance) (or money).  We went to great lengths to establish a system where there were entities that operated as trust agents.  


Unfortunately, due to the actions over the last few [centuries](https://inleo.io/@leoglossary/leoglossary-century), those agents, i.e. [banks](https://inleo.io/@leoglossary/leoglossary-bank), have lost that trust.  Fortunately for them, there are really no alternatives.  At least that was the case until cryptocurrency and [digital](https://inleo.io/@leoglossary/leoglossary-digital) wallets showed up.


Blockchain is a mechanism designed to provide trust in a manner that does not require a third party.  It is something that was regularly discussed over the [years](https://inleo.io/@leoglossary/leoglossary-year).  Blockchain provides trust in a trustless environment.


Code is king.


A large part of trust comes from the ability to verify.  Here is where we get into the nitty-gritty of systems.


This is where we see the potential combination of blockchain and AI, most notably AI agents.


## AI Assistants


The future is one of AI assistants.


For the moment, we are unsure of how this will look exactly.  Some of the ideas that are likely is an agent handling online bookings.  If you need an airline ticket or a [hotel](https://inleo.io/@leoglossary/leoglossary-hotel) reservation, the agent will handle it.  Eventually, we could see it doing the grocery ordering based upon what is depleted from the refrigerator.  


If we go further out, we can perhaps envision a [time](https://inleo.io/@leoglossary/leoglossary-time) when our edge devices provide compute to those around us, as the users want to immerse themselves into a virtual world.  


All of this requires verification.  This means the [ledgers](https://inleo.io/@leoglossary/leoglossary-ledger) have to be trusted when interacting with other parties.  While this can be controlled via [smart contracts](https://inleo.io/@leoglossary/leoglossary-smart-contract), the challenge is getting different institutions to agree.


Our present system is one of [intermediaries](https://inleo.io/@leoglossary/leoglossary-intermediaries-financial).


[Visa](https://inleo.io/@leoglossary/leoglossary-visa) operates as an intermediary between buyer and seller.  This company enables financial [purchases](https://inleo.io/@leoglossary/purchase) to occur.  When [payments](https://inleo.io/@leoglossary/leoglossary-payment) are made, we are usually dealing with different banks, which settle through another intermediary who is tasked with those operations.


What happens when we start removing them from the equation?  How is AI going to operate since it requires none of them?


Also, since many of this institutions are not going to just disappear but instead adapt, how are they going to relate?


All of this ties back to blockchain.  At some point, it is going to have to be part of the enterprise stack that companies build.  While their tendency is to want to keep things to themselves, so they control the ledger, this is not going viable going forward.


The verification of ledgers is going to be crucial.  AI is going to reflect the speed of compute.  That means the old, 3 [day](https://inleo.io/@leoglossary/leoglossary-day) [settlement](https://inleo.io/@leoglossary/leoglossary-settlement-financial) system isn't going to [work](https://inleo.io/@leoglossary/leoglossary-work).  We also can see how the AI agent requires verification which, ultimately, means access to the ledgers.


Present [financial institutions](https://inleo.io/@leoglossary/leoglossary-financial-institution) are not about to open that up to external companies.


The solution is blockchain.  


Naturally, there are still layers that are required, such as [privacy](https://inleo.io/@leoglossary/leoglossary-privacy).  Nevertheless, this is being worked on so as to enable the integration into the present system.  


Over time, we are going to see the [tokenization](https://inleo.io/@leoglossary/leoglossary-tokenization) of everything.  This means that blockchain will be at the heart of it all.


AI is not going to be separate from blockchain.  It is going to be interwoven fully.


____


<center> [What Is Hive](https://inleo.io/@leoglossary/leoglossary-what-is-hive) </center>






Posted Using [InLeo Alpha](https://inleo.io/@taskmaster4450/ai-and-blockchain-complimenting-technologies-jwp)
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@bpcvoter1 · 
This post has been, manually curated by the Bilpcoin team. You may observe our lower reputation, due to BAD Downvotes. We express the truth, which sometimes results in Downvotes, but we remain undeterred. Don't hesitate to engage with us. Together, we can address abuse on Hive. #onelove Bilpcoin team

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@pizzabot · 
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@visualbot · 
<center>

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@daniasi ·
$0.13
AI and blockchain tech will indeed intermingle. As you've said, data is involved and key in both sector. Exception of speed at which things will be done, incorporating blockchain security will hedge both techs. Wonderful article friend.
👍  ,
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@taskmaster4450le · 
Data (information) is the key to everything.  We are in the information economy, and will grow it as things become more digitized.
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@discovery-it · 
<div class="pull-left">https://cdn.steemitimages.com/DQmTAn3c753LR7bHCLPo96g9UvRMaPFwaMYn8VQZa85xczC/discovery_logo_colore%20-%20Copia.png</div><br> This post was shared and voted inside the discord by the curators team of <a href="https://discord.gg/cMMp943"> discovery-it</a> <br>Join our <a href = "https://hive.blog/trending/hive-193212"> Community</a> and follow our <a href = "https://hive.vote/dash.php?i=1&trail=discovery-it">Curation Trail</a><br>Discovery-it is also a Witness, vote for us <a href = "https://hivesigner.com/sign/account-witness-vote?witness=discovery-it&approve=true"> here</a>  <br>Delegate to us for passive income. Check our <a href = "https://hive.blog/hive-193212/@discovery-it/delegations-program-80-fee-back"> 80% fee-back Program</a> <hr>
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@hivebuzz · 
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@jlinaresp · 
!discovery 30
!PIZZA
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@outwars ·
$0.13
This is a good outline of the progression that can happen with the technologies and the financial landscape. Financial institutions know about the security of the blockchain, so it is only a matter of time before they implement it. Those that don't will most likely be left behind.
👍  ,
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vote details (2)
@taskmaster4450le · 
A lot of components to consider but nothing is operating in isolation.
👍  
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@pizzabot · 
<center>PIZZA!


$PIZZA slices delivered:
@jlinaresp<sub>(12/15)</sub> tipped @taskmaster4450 


</center>
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@thelogicaldude ·
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I am glad you got to the privacy aspect of things. I see AI taking over many different tasks like you talk about, and as we have talked about before, the future of automated companies which would basically be AI taking payments over blockchain and using blockchain to pay for overhead expenses for the business. It will eventually be all automated. This will eliminate the need for things like personal assistants, secretaries, etc. So people need to be figuring out how to adapt with the times. I know what I want to direct my efforts to as far as infrastructure, but people are going to need to figure out how to fit themselves into that future equation.
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@taskmaster4450le · 
It will be interesting to see how much of the decision tree of companies is taking away and ultimately fed to AI.  This could include smart contracts that are programmed with the options and simply acts based upon the data it receives.
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@theringmaster ·
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To me brother, AI and Blockchain is a match made in heaven. If we can successfully and efficiency integrate the two technologies we should create the best system ever
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