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The great debate of “crypto vs artificial intelligence” is heating up in 2023, but I don’t think it deserves to be scrutinized in a negative manner. Debates like these come naturally with all emerging technology. Remember the famous headline about the internet? “Internet ‘may be just a passing fad as millions give up on it,’” reads Daily Mail in December 2000.
Blockchain is a decentralized, immutable ledger that facilitates a secure and transparent exchange of encrypted data shared across a network where information is available to all participants simultaneously. It is capable of tracking various types of information such as orders, payments, accounts, production and more. Permissioned members share a single view of the truth via this fully digital log. Each transaction is encrypted with a distinct unalterable hash and stored in a block, along with other transaction records.
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