Blockchain technology is no longer a buzzword restricted to tech enthusiasts and cryptocurrency investors. It is becoming a sought-after skill in many industries, including health, finance, cybersecurity, etc.
In this blog post, we will review some industries using blockchain technology. We will also analyze what good blockchain does to these industries and how blockchain systems are better than conventional methodologies.
AI and Blockchain are cutting-edge technologies revamping the world in recent years. Artificial intelligence refers to the emulation of human intelligence in machines. It involves developing algorithms that enable machines to perform human-like functions like perception, decision-making, and problem-solving. AI has recently sparked public interest with the release of tools like Chat Gpt and Midjourney AI. Blockchain is a secure and transparent database management system that has transformed the way we store and exchange data.
Blockchain technology started to gain people’s attention back in 2009. Since then, it has made exponential advancements, and more and more sectors have begun incorporating blockchain technology into their systems and processes. The current applications of blockchain technology are vast, and it is estimated that the future of blockchain will be even more widespread.