AI & Blockchain

Artificial intelligence has been existed for more than half a century, and its commitment to reach highest results grows exponentially. Demand for AI is at its peak, so more and more companies from different industries are increasingly looking to AI to optimize processes in both management and finance.

However, there is a term “weak” AI. A weak AI is designed to solve specific problems or limited number of actions. A great example of such an engine is the voice assistant “Alexa”.

In turn, a strong AI could handle a wide range of tasks instead of one specific. The potential of such a technology is the analogous to perception at the level of the human brain, which implies the fulfilment of any intellectual task that human beings can accomplish.

To develop AI algorithms require not only a high-quality data flow, but also a large amount of processing power. That’s why ANW turned its attention to blockchain. If a blockchain is capable of transmitting data over a network, why can’t it be used for other purposes?

ANW plans to develop both innovations and simultaneous usages of blockchain and AI systems.

The potential results are difficult to assess, but it is clear that they will lead many improvements in many aspects of our economy.