Blockchain is a distributed ledger that records all the transactions of a given system.
It is also the technology behind cryptocurrencies like Bitcoin.
The internet of things (IOT) is a network of interconnected devices that collect and exchange data with each other.
Artificial intelligence (AI) is the simulation of human intelligence processes by machines, especially computer systems.
Now, how can they all be used together?
Blockchain can be used to store data in an immutable way, which makes it ideal for use in IOT networks where every device needs to be able to trust its neighbors.
AI can be used to analyze data from IOT networks and make predictions about future events based on probability theory and machine learning algorithms.
These three powerful innovations can be jointly combined to enhance security and utility of any system or hardware.