The same way poles oppose and compliment each other, so too could blockchain and artificial intelligence. As the IOT (internet of things) is setting us up for a revolution of connectivity, the advent of decentralised blockchain and centralised artificial intelligence could take societal organisation to a new level.
As demonstrated by IBM’s India Lab, food supply chain processes could be overhauled, accounting for everything from farming to the grocery store. IoT sensors on harvest fields could also provide the bedrock for innovative and efficient farming insurance that takes severe weather into account. In the pharmaceutical sector, medicine storage climates on the blockchain could optimise delivery conditions.
The social ramifications, particularly in emerging economies, are massive. Let’s discuss the social impact of these technologies together