Blockchain Gets Real? IBM Advances Projects With Walmart & Others

has invested heavily in A.I. in recent years with its Watson initiatives, is already developing products that combine the two technologies. For example, it worked with Everledger to perform data analytics on the startup’s blockchain-based system for tracking the supply of diamonds. The idea is that the A.I. software can analyze the data much more quickly and reliably than humans can.

“All of the blockchain solutions that are out there will [get] a tremendous boost when A.I. is applied on top,” Gopinath says.

Interestingly, Gopinath says blockchain technology can enhance A.I. as well. A.I. software generally requires large data sets to train the algorithms, and the quality of that data matters. Blockchain systems could help A.I. developers ensure the information being fed to the algorithms is trusted, Gopinath says.

“A.I. can be made much more secure with blockchain,” he says.

[Top photo courtesy of Walmart.]

Author: Jeff Bauter Engel

Jeff, a former Xconomy editor, joined Xconomy from The Milwaukee Business Journal, where he covered manufacturing and technology and wrote about companies including Johnson Controls, Harley-Davidson and MillerCoors. He previously worked as the business and healthcare reporter for the Marshfield News-Herald in central Wisconsin. He graduated from Marquette University with a bachelor degree in journalism and Spanish. At Marquette he was an award-winning reporter and editor with The Marquette Tribune, the student newspaper. During college he also was a reporter intern for the Muskegon Chronicle and Grand Rapids Press in west Michigan.