Blockchain and AI Technology: Benefiting the Ordinary Citizen Part 1

Blockchain and AI, particularly machine learning, are two quite recent revolutionary technologies that are being adopted by Governments and Businesses in all sorts of ways. In a series of articles (in 4 parts) I reflect in what ways these technologies have the potential to impact the lives of ordinary citizens. A lot of discussion has been going on about how blockchain and AI affects governments and businesses. If AI has been around for quite a long time, the more recent Blockchain technology, has taken the world by storm, as being a database system that provides us with a simple protocol that allows transactions to be simultaneously anonymous and secure, peer-to-peer, immediate and in constant flow. The beautiful promise of blockchain is that is distributes the trust which is currently allocated to centralized, large and powerful intermediaries, to a large global network of people engaged in massive collaboration, facilitated by clever coding and cryptography.