When Blockchain and AI Go Hand in Hand
If you are a tech-enthusiast, you must have developed a habit of throwing in these buzzwords to every single conversation: blockchain, AI, and robotics.
Well, how can you not?
These groundbreaking technologies will take over many industries and overhaul them with their heterogeneous characteristics in the imminent future. Blockchain, although relatively nascent, has the potential to bolster the robotics industry by providing more security, flexibility, autonomy, and profitability.
Augmenting the AI Industry with a Data-Driven Approach
The decentralized ledger system, specific to blockchain technology, holds immense opportunity in many key areas of AI and robotics. Let’s take a look at each of them.
We can automate operations in an enterprise with the help of custom-built robots, but they suffer from their inherent disability to make rational decisions on time. To help them draw inferences from their environment and respond spontaneously, a blockchain database will be of service. Blockchain helps robots build efficient data models. Data-centric insights and data-centric actions become possible as a result.
This decentralized database will provide value to everyone, including small organizations, businesses, and professionals. An ideal database that stores multifaceted data from different sources is transparent and easily accessible to all. When it is secured with the cryptographic hash system blockchain puts forth, we no longer have to worry about confidentiality or plagiarism either. With mutual consent, reliable data is shared with concerned parties, fostering a decentralized, democratic data marketplace. As a result, AI systems become more perceptive, and their activities result-driven at a cheaper cost, giving more decision-making power to the participants of a certain economic activity rather than the central authorities. We are warned beforehand about impending catastrophes, recessions, and booms.
Blockchain adoption especially comes in handy when deploying a group of robots to perform a common task. It is called swarm robotics. Here, sharing information among individual robots while maintaining both transparency and privacy intact is crucial. Blockchain provides a secure and private network for communication between swarm agents. It is a foolproof system with no room for vulnerabilities, threats, or attacks. A well-coordinated system is facilitated by enhancing data integrity and data confidentiality. The penetration of hostile systems with malicious intents is nipped in the bud through data origin authentication and entity authentication.
As the robotics industry moves towards efficiency with the help of blockchain technology, the cost of robotics platforms and AI applications will decrease. More enterprises will come forward to deploy robots as a fill-in for a variety of manual and tedious labor. Blockchain-powered databases also enable AI to make accurate predictions. Information once added into the blockchain is immutable. They can’t be deleted or edited. The increasing volume of data the AI has access to will also determine the accuracy of predictions. When fast-paced AI technology is combined with transparent blockchain technology, analysis of data is done intuitively and predictions are made more precisely.
OLPORTAL Neurobots Revolutionize Digital Conversations with Blockchain & AI
How often do we see robots today? A trace of AI is seen in a variety of fields, but the practical application of robotics is negligible when compared to the strides made in research.
OLPORTAL is the world’s first decentralized neural messenger powered by Artificial Intelligence. OLPORTAL, with the function of AI dialogues and blockchain technology, creates messages automatically on the user’s behalf in different formats and styles as preferred. From a variety of replies framed by the system, we may either go ahead with the one that suits our situation or tweak them to our taste and hit send. Either way, you will be surprised to see how OLPOTAL neurobots spice up conversations.
OLPORTAL neurobots improve efficiency, speed, and engagement in digital communication. If you think that is amazing, you are in for more surprises. OLPORTAL has more to offer. Since each neurobot displays a distinct set of characteristics, it is desired that the diversity is maintained in trainers too. OLPORTAL facilitates a platform for us to develop our own version of AI neurobots through training.
After we have trained our neurobot to behave and respond in a certain way, we can sell it on OLMarket. If users show interest and purchase them, we are rewarded in OLCF crypto tokens, the utility tokens or gateway tokens on the OLPORTAL ecosystem. The value of OLCF tokens will surge as more people become a part of the platform and the engagement increases as a result. The OLCF tokens in your OLWallets will grant you the right to use the network as well as the right to influence the network through voting.
OLPORTAL is a great example of how we can make the best of both AI and blockchain technology with innovative applications. OLPORTAL has successfully embraced AI at the grass-root level, brought them to households, and recast the way saw blockchain and AI.
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