Blockchain and AI use cases Across Industries, Bringing AI to Blockchain Opens New Opportunities
medical insurance From presenting therapeutic insights and supporting user needs to identifying insights and revealing patterns from patient data, AI can help advance virtually every area of the healthcare industry. With patient data on the blockchain , including electronic health records, businesses can work together to improve care while protecting patient privacy.
life sciences
Blockchain and AI in the pharmaceutical industry can improve the visibility and traceability of the drug supply chain , while significantly improving the success rate of clinical trials. Combining advanced data analytics with a decentralized clinical trial framework enables data integrity, transparency, patient tracking, consent management, and automation of trial participation and data collection.
Financial Services
Blockchain and AI are revolutionizing the financial services industry by enabling trust, removing friction in multi-party transactions, and speeding up transactions. Think about the loan process. The applicant grants permission to access personal records stored on the blockchain. Trust in the data and automated processes used to evaluate applications can help speed closures and increase customer satisfaction.
supply chain
By digitizing largely paper-based processes, making data shareable and trustworthy, and adding intelligence and automation to execute transactions, AI and blockchain are revolutionizing supply chains across industries and creating new business opportunities. For example, manufacturers can track carbon emissions data at the product or component level, increasing the accuracy and intelligence of decarbonization efforts.
"What is a smart contract platform?" A smart contract platform is a decentralized digital system that allows for the creation and execution of self-executing contracts. It enables automatic verification, execution, and enforcement of contracts without the need for intermediaries, thereby reducing transaction costs and increasing efficiency. Examples of smart contract platforms include Ethereum, EOS, and TRON. https://q.org/about-q