While blockchain is a distributed ledger technology (DLT), the reason it is included here is that a combination of AI and blockchain is proving to be very powerful. Cloud storage is the usual way businesses store data but this is centralized storage and is not usually encrypted. In the case of blockchain, data is stored in a series of transactions, each stored in the form of chunks or blocks and once a block is written it cannot be altered. Independent computers will record and share the data, this means that each member in the network has a copy of the information that requires a key to access. Since data is decentralized, if a node or copy is hacked into, the remaining will not be altered and the discrepancy can be tracked. It is one of the most secure ways of verifying if data or documents are authentic and unaltered. AI in conjunction with blockchain can make decisions on what transactions are fraudulent or what information has to be added to a new node. This will speed up blockchain networks so that they can handle increasing amounts of data securely. Blockchain technology is predicted to find increasing use in logistics, supply chain management, and finance. Particularly because these industries deal with a large amount of documentation and transactions that have to be secure. For instance, in supply chains, companies can make payments directly without any third party and with relevant documentation. All members in the network will have their node or copy of the information. Implementing blockchain technology will require businesses to create a long-term strategy. It cannot happen overnight. Organizations with sensitive data are expected to explore the adoption of blockchain.