FUTURE-PROOFING BUSINESSES: INTEGRATING MACHINE LEARNING WITH BLOCKCHAIN AND IOT TECHNOLOGIES
The study investigates the integration of Machine Learning (ML), Blockchain, and Internet of Things (IoT) technologies to enhance business resilience, focusing on their combined potential for operational efficiency, secure data transactions, and predictive analytics. Through a comprehensive literature review and secondary data analysis, the research identifies significant sector-specific advantages, such as a 60% improvement in predictive maintenance efficiency in manufacturing and a 55% increase in fraud detection accuracy in finance, enabled by secure ML-powered analytics on Blockchain-guarded IoT data. Statistical analyses, including Chi-square and ANOVA tests, reveal that while ML adoption and Blockchain-IoT integration vary by industry, sectors like healthcare and logistics are leveraging these technologies to address privacy and data flow challenges. The study concludes with recommendations for establishing cross-functional teams, scalable infrastructure, and robust security protocols tailored to each industry’s unique needs. This integration framework aims to future-proof businesses, fostering adaptive, data-driven operations.
Publication Details
- Journal
- Zenodo (CERN European Organization for Nuclear Research)
- Published
- 2024-11-23
- DOI
- https://doi.org/10.5281/zenodo.14208193
- Primary Topic
- Internet of Things and AI
- Type
- article
- Field-Weighted Citation Impact
- 0.00