Artificial Intelligence and BlockChain
Stages AI
Narrow AI - Capable of performing only a limited set of predetermined functions. General AI - This is state which is an equivalent of the human mind and AI's ability to function as an individual. Super AI - A superlative AI state, which will succeed the Human mind.
Categories of AI
Reactive AI - Can only react to existing situations, not past experiences. Limited Memory AI - Relies on stored data to learn from recent experiences to make decisions. Theory of Mind AI - Capable of comprehending conversational speech, emotions, non-verbal cues, and other intuitive elements. Self-Aware AI - Human-level consciousness with its own desires, goals, and objective.
Blockchain
Blockchain is a common, open, and decentralized distributed database. The whole structure is made up of singular blocks of data and each block is linked to its previous block and hence the name "Blockchain". It is a like a network of blocks which has capacity to store data. Unlike the traditional data base there is no one point of truth since the data is not generated from source, but it is a decentralized way of storing and accessing data which makes blockchains extremely secure. Any authorized user with the right cryptography keys (Admin rights or Access to Data base) can view/edit the entire chain from anywhere. Blockchains are lately the to cut out the middleman and create a secure, decentralized way for service providers and customers to connect and transact safely and directly. It can also be like an unchangeable ledgers/ record book that enables the process of recording transactions and tracking assets in a commercial network. In this virtual network anything of value can be traded with out any phys
Though early days, in times to come AI will be the revolution that shall pave way to every step that we take in our daily lives. At MGA SOFTECH we want to keep with the Digital advancements, and we have a set of resources that are working on the evolving AI concepts that are available in the current market.