Blockchain and AI Technology: Benefiting the Ordinary Citizen Part 4
Blockchain and AI, particularly machine learning, are two quite recent revolutionary technologies that are being adopted by Governments and Businesses in all sorts of ways. In a series of articles (in 4 parts) I reflect in what ways these technologies have the potential to impact the lives of ordinary citizens. Businesses such as the ORS Group are providing innovative tools that will incorporate lots of small businesses into the blockchain, and providing them with AI-based tools that will enable them massively scale up their operations. According to the ORS President Fabio Zoffi, ORS Group has created a new concept known as Hypersmart Contracts, which will serve as the backbone to connect small businesses into global players using he combination of the AI and the blockchain. HyperSmart Contracts are smart daemons with an associated Ethereum account which run second layer, AI algorithms off-chain, to find solutions for complex optimization problems.