IBM Watson is Working to Bring AI to the Blockchain - CoinDesk

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IBM is currently attempting to merge artificial intelligence and the blockchain into a single, powerful prototype. With blockchain tech's promise of near-frictionless value exchange and artificial intelligence's ability to accelerate the analysis of massive amounts of data, the joining of the two could mark the beginning of an entirely new paradigm. Over the past three months, IBM's chief architect in charge of Internet of Things security Tim Hahn has focused specifically on introducing the blockchain to his company's artificially intelligent computer named Watson. "What we're doing with blockchain and devices is enabling the information those devices supply to effect the blockchain…You begin to approach the kind of things we see in movies." Potential applications include using distributed ledgers to let devices perform tasks like running self-diagnoses at set times and more advanced services that may someday let regulators virtually go back in time to the point where a device failed and "to identify exactly what went wrong," Hahn said.


IBM Watson is Working to Bring AI to the Blockchain - CoinDesk

#artificialintelligence

IBM is currently attempting to merge artificial intelligence and the blockchain into a single, powerful prototype. With blockchain tech's promise of near-frictionless value exchange and artificial intelligence's ability to accelerate the analysis of massive amounts of data, the joining of the two could mark the beginning of an entirely new paradigm. Over the past three months, IBM's chief architect in charge of Internet of Things security Tim Hahn has focused specifically on introducing the blockchain to his company's artificially intelligent computer named Watson. "What we're doing with blockchain and devices is enabling the information those devices supply to effect the blockchain…You begin to approach the kind of things we see in movies." Potential applications include using distributed ledgers to perform tasks like running self-diagnoses at set times to more advanced services that may someday let regulators virtually go back in time to the point where a device failed and "to identify exactly what went wrong," Hahn said.


Watson IoT Platform adds device data to Blockchain transactions

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I'm pleased to announce that the IBM Watson IoT Platform now has the ability to add Internet of Things (IoT) data, to Blockchain transactions. Leveraging blockchain for your IoT data opens up new ways of automating business processes amongst your partners without setting up an expensive centralized IT infrastructure. This gives you the potential to improve business networks, reduce costs, increase trust and open up new markets. A solution brief provides an overview of the capabilities and use cases being announced. The new features within the Watson IoT Platform are available through two new Lab Services Offerings.


Japanese insurance claim agents are now being replaced by a robot – the IBM Watson supercomputer

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A Japanese insurance company has decided to get rid of 34 jobs and instead get artificial intelligence to take over assessing medical insurance claims over the phone. Starting from January 2017, Tokyo-based Fukoku Life Insurance Mutual Company is handing over the roles of 34 human insurance agents to IBM Watson Explorer, which is a cognitive search and content analysis platform that uses machine learning and language processing to analyse data for trends and patterns. According to a press release, Fukoku Life is using IBM Watson Explorer to classify and categorise diseases, injuries and surgical procedures. When insurance policy holders call the company's hotline to make an insurance claim, the IBM Watson supercomputer is able to analyse the customer's voice and detect keywords. As part of making the claim, the policyholder has to submit a medical certificate showing what condition they have, and IBM Watson can detect the name of the injury or disease listed, as well as dates such as the hospital admission date and surgery date.


Machine Learning, IBM Watson Aid In Answering Health Benefits Questions

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"We are just starting to discover the countless ways we can apply cognitive computing to healthcare," said Ryan Pellet, senior vice president of consulting and services for Welltok. "We are excited to have addressed a costly and cumbersome issue with our proprietary technology and IBM Watson, and will continue to explore opportunities to simplify the consumer's experience and drive new, more effective ways to engage with and satisfy them."