Which is better, blockchain or machine learning

The so-called blockchain technology, also known as the distributed ledger technology, is an Internet database technology, which is characterized by decentralization, openness and transparency, so that everyone can participate in database records

blockchain application:

1. Financial sector: mainly to rece transaction costs and Inter Organizational transaction risks. Blockchain applications in this field will mature as soon as possible, and banks and financial trading institutions will be the main promoters

financial blockchain

since the beginning of human society, financial transaction is an indispensable economic activity. The different roles and contents of transaction reflect different proction relations. Through the transaction, we can optimize the social efficiency and realize the maximization of value. The development of human society is inseparable from the evolution of transaction forms. It can be seen how important transaction is in human society. The essence of transaction is to exchange the ownership of value. Now, in order to complete the transaction (such as the ownership of houses and vehicles), some intermediate links are often needed, especially the role of intermediary guarantee. This is because there is often insufficient trust between the two sides of the transaction, it is not easy to confirm the ownership of value, and often the value of each other can not be directly exchanged. Reasonable intermediary guarantee ensures the normal operation of the transaction and improves the efficiency of economic activities. However, the existing third-party intermediary mechanism often has some shortcomings, such as high cost, long time cycle, complex process and error prone. Because of these, financial services have become one of the hottest application areas of blockchain. Blockchain technology can provide effective and reliable ownership proof and strong intermediary guarantee mechanism for financial services. Financial services include currency, securities, insurance, donation and so on

credit reference management is a huge potential market, which is said to exceed 100 billion scale (Ping An Securities report, Wells Fargo report), and it is also one of the most promising directions of big data application. At present, a large number of effective data related to credit investigation are mainly concentrated in the hands of a few institutions. Because these data are too sensitive, and are the lifeblood of business, they are often closely protected, thus forming a high threshold of the instry. Although a large number of Internet enterprises (the most successful one should be Facebook) have tried to obtain massive user information from various dimensions, there are still some problems in these data from the perspective of credit reference

• Insufficient data: the larger the amount of data, the higher the value can be obtained, and there is a lower limit for the effective value generated by data. The amount of data below the lower limit can not proce effective value

• Poor relevance: the most core data is often the most sensitive. In today's highly sensitive privacy era, users do not want to expose too much data to third parties, so there are few effective components in the data obtained by enterprises

• Lack of timeliness: the user data that enterprises can obtain from the public is often outdated, and even has false information, which seriously interferes with the credibility of relevant analysis

and blockchain has the characteristics of natural tampering and non repudiation. At the same time, blockchain may provide unprecedented scale highly relevant data, which can be accurately located in time and space and strictly associated with users. Therefore, providing data based on blockchain for credit management will greatly improve the accuracy of credit evaluation and rece the cost of evaluation. In addition, unlike the traditional manual audit, blockchain technology relies entirely on mathematical results, and the credit mechanism based on blockchain will naturally be stable and neutral. IDG, Tencent, Ernst & young, and PwC have all invested in or entered the field of credit information management based on blockchain, especially the application scenarios related to insurance and mutual aid economy

in the era of big data, value comes from data mining. The more data dimensions, the larger the volume, the higher the potential value. For a long time, the headache is how to evaluate the value of data, how to use data for exchange and transaction, and how to avoid valuable data leaking out without permission. Blockchain technology provides the potential to solve these problems. By using the unified ledger composed of blockchain, the flow of data among multiple parties will be tracked and managed in real time, and the management cost of data sharing process can be effectively reced through the control of access rights

4. Investment management: both public and private funds can apply blockchain technology to rece management costs and control risks. Although there is a trial like Dao, we are cautious that the demand in this field is not mature. However, Xiaoyao has found that China's major start-ups have begun to test the water in this field, hoping for a major breakthrough

in international trade activities, buyers and sellers may not trust each other. Therefore, the two banks need to act as the guarantors of the buyer and the seller, to collect and deliver documents on behalf of the buyer, and to replace commercial credit with bank credit. Blockchain can provide a common account book for L / C transaction participants, allowing banks and other participants to have confirmed common transaction records and perform accordingly, thus recing risks and costs. With Dao (decentralized autonomous organization) as the representative of crowdfunding management, Dao has set the highest financing record in history, more than 160 million US dollars

5. Internet of things and supply chain: Internet of things is a very suitable field, and there will be a large number of applications in the short term, especially in specific scenarios such as leasing and logistics. However, the development limitations of the Internet of things will lead to the difficulty of large-scale application in the short term

the supply chain instry often involves many entities, including logistics, capital flow, information flow, etc. there are a lot of complex cooperation and communication between these entities. Under the traditional mode, different entities keep their own supply chain information, which is seriously lack of transparency, resulting in higher time cost and money cost, and it is difficult to trace and deal with problems (false claim, counterfeit goods, etc.). Through the blockchain, all parties can obtain a transparent and reliable unified information platform, which can view the status in real time, rece the logistics cost, and trace the whole process of proction and transportation of goods, so as to improve the efficiency of supply chain management. When disputes arise, the proof and tracing become clearer and easier. This field is considered as a promising application direction of blockchain. IBM has continuously invested in the research and development of the Internet of things for decades, and is currently exploring the use of blockchain technology to rece the cost of Internet of things applications

blockchain is applied only after it has technology, such as Huixin cloud platform: only when it has platform can proct managers enter the platform for development, so technology and application should progress together

the application of blockchain technology is different in the field of instry, and the functions and effects are also different. Let's take the field of credit system for example. Because the leakage of personal information will cause great harm to the informants, which makes them suffer from conservative harassment. What's more terrible is personal information leakage, which is usually accompanied by tens of thousands of personal information being stolen, illegally sold, and even using the formal data trading institutions to steal data

with the rise of blockchain technology, the encryption of blockchain technology can provide solutions for the protection of personal information. Blockchain technology can store personal information in a distributed way to avoid the security risks faced by a single server

and as one of the most ice breakers of blockchain technology research, jinwowo network technology has concted in-depth research and Application on blockchain technology. Jinwowo's big data service based on blockchain can eliminate illegal data reselling and reestablish data circulation rules from four aspects of data storage, data analysis, data tracking and data security

In recent years, blockchain and artificial intelligence have been very popular

first of all, blockchain is to establish a decentralized network. The so-called decentralization means that the network does not belong to you or me

it belongs to everyone

in this way, we can think about the combination of blockchain and artificial intelligence

first of all, we need to understand that blockchain can be divided into three stages

so can we combine artificial intelligence with underlying public chain technology to solve these problems

Velas is a public chain that enhances its consensus algorithm through artificial intelligence (AI) optimized neural network, and carries out self-learning and self optimization. It is committed to improving the security, interoperability and high scalability of the transfer process and intelligent contract. Velas adopts the dpos consensus enhanced by AI, which completely realizes decentralization without recing the security and transaction speed. Not only that, AI chooses who to mortgage the token according to the needs of the blockchain; Velas only blocks when needed; Every 1 second to every 2 minutes; Scalability (up to 30000 TPS); Block procers are selected by artificial intuition

Blockchain and artificial intelligence are the next era

blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. Blockchain is an important concept of bitcoin. It is essentially a decentralized database. At the same time, as the underlying technology of bitcoin, it is a series of data blocks generated by using cryptographic methods. Each data block contains a batch of information about bitcoin network transactions, Used to verify the validity of its information (anti-counterfeiting) and generate the next block

artificial intelligence, abbreviated as AI. It is a new technical science to research and develop the theory, method, technology and application system for simulating, extending and expanding human intelligence

Velas combines the two to develop a public chain that can learn and improve itself

Velas enhances its consensus algorithm through artificial intelligence (AI) optimized neural network, and concts self-learning and self optimized public chain, aiming at improving the security, interoperability and high scalability of transfer process and intelligent contract. Velas adopts the dpos consensus enhanced by AI, which completely realizes decentralization without recing the security and transaction speed

technically, Velas has integrated functions and services such as cross chain payment, multi signature wallet supporting multi currency, anonymous transfer, etc. Its Ecosystem focuses on all application scenarios covering transaction and payment, such as exchanges, multi signature wallets, merchant platforms, etc. after AI is fully connected to the system, the transfer fee can be completely exempted

and complete decentralization through AI enhanced dpos (aidpos) & gt; AI chooses who to mortgage the token according to the needs of blockchain & gt; Velas only blocks when needed & lt; Between every 1 second and every 2 minutes & gt& gt; Scalability (up to 30000 TPS) & gt; Block procers are selected by artificial intuition< br />