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
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article

FUTURE-PROOFING BUSINESSES: INTEGRATING MACHINE LEARNING WITH BLOCKCHAIN AND IOT TECHNOLOGIES

Zenodo (CERN European Organization for Nuclear Research)
Internet of Things and AI
article

FUTURE-PROOFING BUSINESSES: INTEGRATING MACHINE LEARNING WITH BLOCKCHAIN AND IOT TECHNOLOGIES

article en

Abstract

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.

Zenodo (CERN European Organization for Nuclear Research)
Industry, innovation and infrastructure
Openalex Percentile: Top 37%
Internet of Things and AI
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FUTURE-PROOFING BUSINESSES: INTEGRATING MACHINE LEARNING WITH BLOCKCHAIN AND IOT TECHNOLOGIES · Zenodo (CERN European Organization for Nuclear Research) (2024) | TGRS Research Map | TGRS