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Artificial Intelligence and Blockchain: A Review - 2021

Artificial Intelligence And Blockchain: A Review

Research Area:  Blockchain Technology

Abstract:

It is irrefutable that blockchain and artificial intelligence (AI) paradigms are spreading at an incredible rate. The two paradigms have distinctive level of innovative nature and multidimensional business propositions. Blockchain innovation can robotize instalments to grant a way for exchanging personal records, information, and logs in a secure, and decentralized manner and can be revealed digitally in the digital currency era. As of late, blockchain and AI are two of the most trending technologies. Blockchain can administer connections among members with no mediator via smart contracts. AI, then, offers insight and dynamic capacities for machines just like people. In this survey, we provide a comprehensive overview about the applications of AI in blockchain. We audit, and sum up the rise of blockchain applications, and stages explicitly focusing on the AI research area. We likewise recognize and summarize open challenges in using blockchain and AI techniques. We also classify the effect of the cloud with these two innovations with respect to the computerized economy, which includes Blockchain as a Cloud and Blockchain as a Service. We moreover survey difficulties and issues identified while provisioning these technologies. It has been found that the integration of AI and blockchain is trusted to make various prospects. Such techniques provide scientists and authorities with an accuracy of up to 90% when taken properly into consideration.

Keywords:  

Author(s) Name:  Adedoyin A. Hussain,Fadi Al-Turjman

Journal name:  Transactions on Emerging Telecommunications Technologies

Conferrence name:  

Publisher name:  Wiley

DOI:  10.1002/ett.4268

Volume Information:  Volume 32, Issue 9