AI, IoT, Big Data & Blockchain

Artificial Narrow AI: Sometimes referred to as "Weak AI," this kind of

artificial intelligence operates within a limited context and is
Intelligence a simulation of human intelligence. Narrow AI is often
focused on performing a single task extremely well and
while these machines may seem intelligent, they are
Artificial intelligence operating under far more constraints and limitations than
generally falls under two even the most basic human intelligence.
broad categories

Artificial General Intelligence (AGI): AGI, sometimes referred

to as "Strong AI," is the kind of artificial intelligence we see in
the movies, like the robots from Westworld or Data from Star
Trek: The Next Generation. AGI is a machine with general
intelligence and, much like a human being, it can apply that
intelligence to solve any problem.
Artificial Simply put, machine learning feeds a computer data and
uses statistical techniques to help it "learn" how to get
Intelligence progressively better at a task, without having been
specifically programmed for that task, eliminating the need
for millions of lines of written code. Machine learning
"Artificial intelligence is a set consists of both supervised learning (using labeled data
of algorithms and sets) and unsupervised learning (using unlabeled data sets).
intelligence to try to mimic
human intelligence. Machine
learning is one of them, and Deep learning is a type of machine learning that runs inputs
deep learning is one of those through a biologically-inspired neural network architecture.
machine learning The neural networks contain a number of hidden layers
techniques." through which the data is processed, allowing the machine
to go "deep" in its learning, making connections and
weighting input for the best results.
Internet of Thanks to the arrival of super-cheap computer chips
and the ubiquity of wireless networks, it's possible to
Things turn anything, from something as small as a pill to
something as big as an aeroplane, into a part of the IoT.

IOT refers to the billions of

physical devices around the
Connecting up all these different objects and adding
world that are now
sensors to them adds a level of digital intelligence to
connected to the internet, all
devices that would be otherwise dumb, enabling them
collecting and sharing data.
to communicate real-time data without involving a
human being. The Internet of Things is making the
fabric of the world around us more smarter and more
responsive, merging the digital and physical universes.
 A blockchain is, in the simplest of terms, a time-
stamped series of immutable records of data that
Blockchain is managed by a cluster of computers not owned
by any single entity. Each of these blocks of data
(i.e. block) is secured and bound to each other
Blockchain technology
using cryptographic principles (i.e. chain).
improves transparency in
data analysis. Unlike So, what is so special about it and why are we
previous algorithms, the saying that it has industry-disrupting capabilities?
blockchain rejects any input
that cannot be verified and is The blockchain network has no central authority —
considered suspicious. it is the very definition of a democratized system.
Since it is a shared and immutable ledger, the
information in it is open for anyone and everyone to
see. Hence, anything that is built on the blockchain
is by its very nature transparent and everyone
involved is accountable for their actions.
 Big Data Analytics
Driven by specialized analytics systems and software, as well as high-powered
computing systems, big data analytics offers various business benefits, including:

● New revenue opportunities

● More effective marketing

● Better customer service

● Improved operational efficiency

● Competitive advantages over rivals

BLOCKCHAIN & BIG DATA
ANALYTICS
Blockchain technology improves
THE PERFECT MATCH ? transparency in data analysis. Unlike
previous algorithms, the blockchain
rejects any input that cannot be verified
and is considered suspicious.
The Convergence of
Blockchain, AI and Big Data
Analytics
The convergence of blockchain, AI, and big data analytics are opening doors to
more powerful and innovative solutions that manage compliance costs and
reduce operational risks
Why now?

Because consumers are demanding more transparency,

and businesses don’t want to spend time and money
complying with regulations in a haphazard manner when
there’s a better, faster solution available.
 When a listeria or E. coli outbreak happens, there’s a rush to track the
bacteria back to its source to prevent more people from ingesting
Food and Beverage tainted food.

A major concern in the food

Blockchain and IoT devices can give large companies a unique way to
and beverage industry is
track produce, from the field to the grocery store. A head of lettuce
being able to track where that’s harvested and placed in a bin can be tracked if the bin uses an
food came from. IoT device to register it on the blockchain. From there, the produce
moves to a facility where it’s processed and packaged — events that can
also be registered and tracked.

Once it’s made its way to the consumer, there’s a verifiable chain of
custody that goes all the way back to its roots.