Both blockchain and artificial intelligence are individually considered as significant technologies enabling potential benefits for businesses across different industries, and their convergence could prove to be a disruptive force transforming the way businesses operate to open new opportunities.  AI has already seen large adoption across majority of the digitally aware enterprises; however, adoption of blockchain is still in nascent stage. These two technologies have a very long way to go to witness a massive adoption. In this context, let us examine some of the applications of blockchain in combination with AI.   

Improving Citizen Services in Government Sector

The combination of AI and blockchain is expected to benefit government sector the most in terms of automation, ease of access, enhanced security and privacy, which play major role in public enterprises.  Blockchain can be used to store the abundant citizen records in the most secure database. And artificial intelligence can be used to easily retrieve the information stored in the highly secure and immutable ledger database for citizen services such as tax collections, license renewals etc. As the world is swiftly moving towards digital payments, AI and blockchain can help to make payments faster in a secure and transparent environment.     

Faster Patient Data Access in Healthcare

The healthcare industry has already implemented blockchain technologies to effectively manage electronic medical. The large scale and industry-wide adoption of blockchain can help doctors with seamless sharing of patient data in a secure manner. This enables patients to access healthcare facilities from remote locations. Artificial Intelligence in the healthcare can help to automate sharing ability enabled by the blockchain.           

Enhancing Data Reliability in Finance Industry

Finance industry, which is rich in data, is considered to be forerunner in the adoption of blockchain technology. Since, there always exists some sort of concerns over the reliability of data employed in the AI models; blockchain can help to enhance the data privacy and improve data reliability by encrypting the data sets. 

Enabling Smart Contracts in Legal Industry

Blockchain technology by automatically executing the contracts when pre-conditions are met helps to eliminate cases of that are not in compliance with certain regulations. Blockchain in combination with artificial intelligence can further speed up the process by automating human intensive and repetitive tasks without compromising on the security aspects of data.