About Fast Blockchain Soceity

Fast Blockchain Soceity is an entrepreneurial strive by a group of students and business experts. They have pledged themselves to explore all the opportunities related to new age modern technologies – AI and Blockchain. These technologies will slowly and gradually be used in every other field that touches the mankind and Blockchain Community is striving to tap these opportunities. They have chosen around 11 different domains to start with and are already running seven projects with investor’s money invested into them. They are slowly developing themselves to strive in this space and work towards the development of various projects in these eleven initial touchpoints. Some of the projects they are already running are - Blockchain and AI in Education, Blockchain and AI in Banking and Finance, Blockchain and AI in IT and e-commerce, Blockchain and AI in healthcare, Blockchain and AI in Hospitality and Blockchain and AI in Supply Chain.

Blockchain and AI as technologies

Blockchain is a complex technology which have automated and decentralized the ledger like system which was used in banks to keep the person from double spending. Thus, it’s a very secure system that can be implemented in any field to keep the data secure and accurate and transparent amongst the peers. It helps in securing the different kind of transactions that are taking place in the network and promises to reduce the current bureaucratical inefficiencies caused by middlemen in this value chain. With AI in front there will be usage of this high volume of data available due to connected world for betterment of the society. With access to this huge amount of data, people can now access the data in general and see which way the population in general is trending and then governments could implement measures in the society to help people reduce the death rates and implement a much healthier society of people who are capable of living for longer durations.