If you search for the definition of blockchain and artificial intelligence on the internet, the chances are high that Google throws back results which are not similar in their description. And that’s because these technological innovations are indeed different from each other and should be taken in their specific contexts. It will be a mistake on our part to club them together although one can always argue that technical excellence and competence remain at the heart of both these technologies.
Blockchain Technology and Artificial Intelligence are Two Different Things
If we take a look at any of the initial coin offerings (ICOs) floated between 2017 and 2018, one thing becomes very much apparent is the way the companies promote the blockchain and artificial intelligence in an integrated manner. The promotion brags ICOs as some kind of miraculous project marrying artificial intelligence with blockchain for providing a one-stop solution for all business needs of clients. Some companies have gone one step further and projected images of robots, astronauts, and other fine prints related to artificial intelligence on their offerings.