Blockchain benefits can lead to reliable AI driven decision making

Blockchain can offer the much needed transparency and security needed for the reliable AI driven decision making. Know more about The AI Revolution on how blockchain is going to change how Enterprises make decisions.

- By Preeti Anand

Atul Patel, Co founder and VP at DLTledgers, spoke at the Dataquest Digital Leadership Conclave that was part of the discussion about India and The AI Revolution on how blockchain is going to change how Enterprises make decisions. He also pointed out that the enterprise is increasingly using blockchain to help make better decisions and streamline business operations.

THE ROLE OF BLOCKCHAIN IN DECISION SCIENCE

Atul stressed that digital sciences are undergoing a transformation and blockchain is playing a key role in the secure and verifiable decision making. But he said:

“AI is only as good as the quality and verification of the data it processes.” Blockchain can offer the much needed transparency and security needed for the reliable AI driven decision making, he pointed out.

However, secure data sharing across systems is one of the major areas which blockchains are being used. Many organizations have been using blockchain enabled data sharing platforms to make their supply chains more efficient, he said. This platform is being used by us to drive efficiency on our partner and customer supply chain operations.” And in a feature rich as that, a fundamental use case that delivers real benefits, secure data sharing,” he added. Secure data sharing across systems is one of the major areas which blockchains are being used. Many organizations have been using blockchain enabled data sharing platforms to make their supply chains more efficient.

BLOCKCHAIN FOR SUSTAINABILITY AND COMPLIANCE