Blockchain And AI Combination: Your Talisman For Competitive Edge

1. Crypto world at your finger tips! www.cryptoknowmics.com

2. 2 Cryptoknowmics is an innovative decentralized platform that serves almost every aspect of the crypto space. It aims to be the top destination and the largest media portal in the crypto world and the all-in-one solution for information and services for the industry. www.cryptoknowmics.com

3. BlockchainAnd AI Combination: Your Talisman For Competitive Edge 3 Artificial Intelligence and Blockchain technology have been the two most significant drivers of technological innovation in recent times. According to several predictions, AI will add about $15 trillion to the world economy, and blockchain will contribute over $3 trillion to business valuations. Therefore, it’s anybody’s guess what a blockchain and AI combination can achieve. Combining AI and Blockchain to Boost Security AI hasn’t got much use without data. Algorithms require data for making decisions, drawing conclusions, and delivering actionable insights. The performance of AI’s algorithms relies heavily on the data quantity that it has. That is why there is such demand for the collection, storage, and analysis of data. Since blockchain serves as a distributed ledger for data storage and encryption, combining AI with blockchain can go a long way in creating a secure and decentralized database for highly sensitive information for AI-driven systems to collect and store. www.cryptoknowmics.com

4. Preventing Monopoly Over AI Through Blockchain Although a revolutionary technology, it can prove dangerous if it lands up in the wrong hands. There is no saying what would happen if a handful of organizations come to control the majority of the AI technologies. Innovators would have to take their permission to use the technology. However, blockchain analysis says that AI can be made decentralized through blockchain. This would prevent giant corporations from using algorithms to eliminate competition. www.cryptoknowmics.com

5. Ease of Doing Business for Unbanked Entrepreneurs 3 In an era when something like the #meetoo movement becomes a global revolution, the absence of women from the blockchain industry is shocking. Sheryl Sandberg, the COO of Facebook, had said famously that in the future, there wouldn’t be female leaders; there would only be leaders. If gender inequality in the blockchain industry is to be indeed eliminated, we need to believe in Sandberg’s vision from our core. The onus of creating awareness on the need for greater women representation is on journalists and entrepreneurs. Established entrepreneurs can pitch for greater inclusion of women in the blockchain space. Established investors can hire women blockchain advisors to send out a message. Similarly, journalists can use the platforms at their disposal to draw the world’s attention to the inadequate women representation in the industry. www.cryptoknowmics.com

6. Conclusion 9 Some of the steps taken by women groups highlight the incredible role that women have played in the blockchain space. It shows that while many choose to stay behind the curtains, some women have set afoot on the global stage and are justifying their participation with utmost confidence. Rest assured, if this attitude and mindset continue to propagate, gender inequality in the blockchain industry would soon be a thing of the past. Source https://https://blog.cryptoknowmics.com/fixing-gender-inequality-in-the-blockchain-industry/ www.cryptoknowmics.com

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