Real-Life Applications
1. FINALIZE
Finalize is a software platform that uses blockchain and machine learning to build applications aimed at improving civil infrastructure. The company’s tools automate and speed up construction industry workflow, management, and verification processes, and its technology also integrates with wearables to meet safety regulations. Finalize aims to make crucial processes more efficient while maximizing ROI in an industry whose revenues are projected to hit $15.5 trillion by 2028.
2. BLACKBOX AI
Blackbox AI develops artificial intelligence tools for emerging technologies. The company’s engineers create a customized information architecture that powers everything from machine learning and natural language processing to blockchain tools. Besides developing infrastructure for blockchains, the company also offers consultation services that focus on how their products can maximize a blockchain’s potential. Blackbox AI’s engineers are from some of the largest tech organizations in the world (including Apple, Intel, NVIDIA and MIT), and they have devised AI-based tools for everything from virtual reality to natural language processing.
For more examples refer:
https://builtin.com/artificial-intelligence/blockchain-ai-examples
Integration of Blockchain and AI
AI and blockchain are proving to be quite a powerful combination, improving virtually every industry in which they’re implemented. Blockchain and artificial intelligence are combining to upgrade everything from food supply chain logistics and healthcare record sharing to media royalties and financial security. Blockchain can even be used to create trackable, traceable AI by using the same methods used to protect food and health care logistics. The integration of AI and Blockchain affects many aspects, including Security – AI and blockchain will offer a double shield against cyber-attacks.
AI can effectively mine through a huge dataset and create newer scenarios and discover patterns based on data behavior. Blockchain helps to effectively remove bugs and fraudulent data sets. New classifiers and patterns created by AI can be verified on a decentralized blockchain infrastructure and verify their authenticity. This can be used in any consumer-facing business, such as retail transactions. Data acquired from the customers through blockchain infrastructure can be used to create marketing automation through AI.