Artificial Intelligence (AI) is here to take your job and steal your privacy. Or at least that’s the word on the street. The truth is that AI, in conjunction with Blockchain, has the power to completely transform how we live and work in a positive manner.
Finance and Healthcare are two such sectors that have shown tremendous growth using these technologies to boost data security. While Bitcoin is the most globally recognized use of Blockchain technology, local MENA groups are also leveraging this decentralized technology to create a database system that is tamper-proof and hack-resistant for all parties involved. Some regional governments have even made landmark commitments to Blockchain including Dubai, which established the Global Blockchain Council and intends to use the technology for all government documents by 2020.
But Blockchain needs AI to be truly super intelligent.
Let’s face it; machines are far superior (and cheaper) in analyzing and organizing huge amounts of information and performing routine tasks. And this is exactly what the cybersecurity industry needs. With new threats to data occurring daily, AI and Machine Learning can quickly and easily identify, isolate, and resolve these issues without the need for human interference. And when you add in the power of Blockchain, you can decentralize AI and thus enhance its security status. This is particularly valuable for medical data which is deemed highly confidential and sensitive.
Trusting one company and its software and algorithms with all of your business’ data is risky, but storing it on a Blockchain that can only be accessed by AI can give you an enormous security advantage. Take a look at the start-up company Nabta Health, the first ever dedicated women’s health platform in the Middle East and North Africa, that leverages decentralized medical records and administrative accounts. Nabta’s digital platform not only brings much-needed transparency and access to healthcare, but it also promises unprecedented privacy and security; all highly valuable commodities in a region where women’s healthcare can be shrouded in shame or fear.
Endpoint security is essential.
Part of the success of companies like Nabta is the integration of endpoint security. In the age of the Internet of Things (IoT), people access information across a variety of devices including smartphones, tablets, and laptops, thus presenting multiple entry points for threats. And as the demand for IoT growth increases, so does the need for adequate security measures at every endpoint rise.
The partnership between AI and Blockchain can be revolutionary for cybersecurity. How these two technologies will work together in the future is anyone’s guess, but the potential for real disruption is ripe for the grabbing!
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