Blockchain, at its most basic level is literally just a chain of blocks, but not in the traditional sense of those words. We are actually talking about digital information (the block) stored in a public database (the chain). Blockchain experienced some popularity at the point of release, but is seeing a fall in popularity along with all cryptocurrencies. This interesting topic came to us from The London School of Economics and Political Science in their blog post, “Blockchain can keep flawed data from machine learning systems.”
Despite this bump in the road, the development of this technology and its application are still charging ahead believing that blockchain’s full potential is yet to be seen, understood, and implemented.
The public and definitely the media appear to have shown a much greater interest for artificial intelligence (AI). One of the biggest challenges and constraints to the developments of AI is the quality of data. This is where blockchain might be of assistance. Time will tell.
Melody K. Smith
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