This report talks about the critical comparison and contrast of the Block chain and AI in UAE. It discusses the similarities and differences between the two technologies and how their combination can create new opportunities for organizations.
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BLOCKCHAIN AND ARTIFICIAL INTELLIGENCE1 Introduction This report talks about the main comparison and the contrast of the technology in the UAE. The development of the technology has taken a wider pace in the country of UAE and moreover the latest three advancements in the UAE in the field of technology are Block chain, introduction of the first minister of AI and lastly the Robocop’s. This report discusses about the critical comparison and contrast of the Block chain and AI (Data Science Central, 2017). Block Chain A block chain is an undeniably ingenious invention and is known as the backbone of the new type of the internet. It was originally devised for the purpose of the Bit coin, digital currency and is also in the mood of finding the other potential fields of technology. It can record the financial transactions and almost everything in virtual scenario. AI OntheotherhandAIsometimesalsocalledthemachineintelligenceisthe demonstration of the technology upfront by the machines in comparison to the human intelligence. The disputed scope of AI makes it one of the most demanding technologies for the UAE field. These artificial intelligence machines successfully understand the language of the humans and also compete in the high level strategic games (Atkinson, 2018). Similarities Themajorsimilaritybetweenboththetechnologiesbothhaseradicatedthe intervention of the human component for any work to be done (Matskevich, 2017).
BLOCKCHAIN AND ARTIFICIAL INTELLIGENCE2 The block chain is the publicly ledger that keeps the account of the crypto currencies in the order. It is of disruptive in nature since the control is not centralised or subjected to one person only. On the other hand the AI is again the decentralised medium of technology that provides the platform to organisations to process the data in bulk. The protocol of the block chain is commonly used in the field of the Artificial Intelligence. Like the block chain gives the access of the data to the limited number of users and similarly the Artificial Intelligence in also providing the base to its customers in the similar manner (Atkinson, 2018). Transparency is again one of the biggest factors that give an outlook of the tamper resistance and this helps in testing of the trademarks and copyrights. AI technology acts as a second hand by giving the information and filling the unfilled places of the data. Differences The artificial Intelligence leads to more immutability and the audit trail. Whereas in case of the Block chain it has a more decentralised hub and encourages the share of the data. The Block chain believes in the new models and the new data whereas the Artificial Intelligence belongs to the traits of the past as well. Block chain helps in training testing and control of data whereas the AI helps in providing the upstream and unlocks the opportunities for the organisations to serve as the service on the steroids. Lastly the block chain can operate without the human intervention once the commands have been set yet the Artificial intelligence requires some assistance of the human speech and human intervention(Zheng, Xie, Dai & Wang, 2016).Since the similarities have been discussed above there are certain differences as well which makes the block chain and the Artificial Intelligence Uniquely different from each other.
BLOCKCHAIN AND ARTIFICIAL INTELLIGENCE3 Conclusion The combination of the block chain and the AI is an explosive combination and with the combination of the both of the parties the several new opportunities can be created in advance. Moreover the clubbing of these two technological aspects into one can be seen or observed right from the oven to the brakes in the car. Therefore from the above analysis it can be concluded that the combination of both can clear out the differences and bring a new concept altogether and will provide better opportunities to the organisations rather than they were giving as an individual concept.
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BLOCKCHAIN AND ARTIFICIAL INTELLIGENCE4 References Zheng, Z., Xie, S., Dai, H. N., & Wang, H. (2016). Blockchain challenges and opportunities: A survey.International Journal of Web and Grid Services,1, 1-25. Atkinson, S., (2018). How block chain empowers artificial intelligence. Retrieved from https://www.cio.com/article/3263810/artificial-intelligence/how-blockchain- empowers-artificial-intelligence.html Matskevich, D., (2017). When AI Meets Block chain: The Power of Synergy. Retrieved from https://hackernoon.com/when-ai-meets-blockchain-the-power-of-synergy- 661de3e32976 DataScienceCentral,(2017).BlockchainandArtificialIntelligence.Retrievedfrom https://www.datasciencecentral.com/profiles/blogs/blockchain-and-artificial- intelligence-1