Blockchain and AI are two of the most talked-about technologies of our time. While AI has become a part of our daily lives—helping us with everything from streaming recommendations to self-driving cars—blockchain hasn’t quite had the same impact. It’s mostly associated with cryptocurrency and a handful of niche applications. Why? Let’s explore!
1. AI Solves Everyday Problems, Blockchain Doesn’t (Yet)
AI is everywhere. It helps Netflix know what you want to watch, makes shopping online more fun, and even assists doctors in diagnosing diseases. It’s practical and visible.
Blockchain? While it’s powerful, its uses—like securing supply chains or enabling decentralized finance (DeFi)—aren’t as relatable for the average person. It feels distant, like a tool only techies or businesses need.
2. Speed is a Problem for Blockchain
AI is fast. It can analyze mountains of data in seconds to make decisions or predictions.
Blockchain, on the other hand, is slow. Bitcoin, for example, can process 7 transactions per second, compared to Visa’s thousands per second. This makes blockchain hard to scale for everyday use.
3. It’s Hard to Use
AI works quietly behind the scenes—anyone can enjoy it without needing to understand how it works.
Blockchain? Not so much. Setting up a crypto wallet or understanding smart contracts can feel overwhelming. If you lose your private key, you lose access forever. That’s not exactly user-friendly.
4. Money Talks
AI is a money-maker. Businesses use it to save time, cut costs, and boost profits. That’s why companies and governments are pouring billions into AI.
Blockchain? While it has potential, businesses struggle to see clear and consistent returns from it, especially outside of crypto.
5. Hype and Timing
AI has been in development for decades, and now it’s ready to shine. Blockchain, however, had its big moment during the cryptocurrency boom. When the hype around crypto cooled, so did the excitement about blockchain.
But Blockchain Still Has Potential!
Blockchain isn’t going away. It’s already making waves in some industries, like:
Supply Chains: Making it easier to track products and fight counterfeiting.
Healthcare: Securing medical records and streamlining clinical trials.
Finance: Enabling decentralized banking and financial services.
Energy: Allowing peer-to-peer energy trading and tracking renewables.
The Road Ahead
For blockchain to soar, it needs to become faster, easier to use, and more relatable for everyday people. Once it solves these challenges, it could unlock its full potential and reshape industries.
So, while blockchain hasn’t risen like AI yet, it still has the potential to shine. What do you think? Is blockchain the next big thing, or will it remain in AI’s shadow? Let’s discuss!
Blockchain technology requires a deep understanding of cryptography Whereas AI being complex has more accessible interfaces and tools. AI has been widely adopted across various sectors including healthcare, finance,and transportation whereas blocked chain limited to financial and cryptocurrency spaces. However, blockchain technology is still evolving and ongoing innovations may help address these challenges and drive increased adoption.