Название: Blockchain and Artificial Intelligence: The World Rewired
Автор: Tom James
Издательство: De Gruyter
Год: 2021
Страниц: 267
Язык: английский
Формат: pdf (true)
Размер: 10.1 MB

Blockchain and Artificial Intelligence (AI) are perhaps the two most significant disruptive technologies this century and both will significantly rewire the world of global financial markets and the world in which we live. While blockchain offers a number of significant advantages over traditional forms of finance including lower cost and massive increases in operational efficiencies of traded markets, property records and a whole host of transaction processes, Artificial Intelligence is moving fast from basic structured Machine Learning doing menial yet important Big Data tasks like credit card fraud detection to predictive analysis and real-time real-world risk management and investment decision making.

There is still a lot of confusion in the market about cryptocurrencies, bitcoin and the underlying blockchain technology. Blockchain and Artificial Intelligence highlights the underlying technologies of blockchain and the differences between cryptocurrencies and blockchain financial applications. It explores the current AI offerings and gives a vision of the fast-moving developments in this area including the many solutions that are expected to revolutionize the way financial and commodity markets will operate in the future.

There are two types of AI, General AI and Narrow AI. We are still currently experiencing Narrow AI – AI programs capable of solving one specific problem. General AI is still work in progress; it can be defined as an artificial intelligence program capable of tackling every kind of problem it is presented with. This is similar to an extremely powerful human, and you can think of it as the robot from Terminator (but hopefully a peaceful version of it).

AI has already affected our lifestyle either directly or indirectly and is shaping the future of tomorrow. It has become an intrinsic part of our daily life and has greatly impacted our lifestyle with the increased use of digital assistants on mobile phones, driver-assistance systems, chat bots, texts and speech translators, and systems that assist in recommending products, services, films we watch, music we listen to and customized learning.