Research Area:  Blockchain Technology

Abstract:

An exemplary paradigm of how an AI can be a disruptive technological paragon via the utilization of blockchain comes straight from the world of deep learning. Data scientists have long struggled to maintain the quality of a dataset for machine learning by an AI entity. Datasets can be very expensive to purchase, as, depending on both the proper selection of the elements and the homogeneity of the data contained within, constructing and maintaining the integrity of a dataset is difficult. Blockchain as a highly secure storage medium presents a technological quantum leap in maintaining data integrity. Furthermore, blockchain’s immutability constructs a fruitful environment for creating high quality, permanent and growing datasets for deep learning. The combination of AI and blockchain could impact fields like Internet of things (IoT), identity, financial markets, civil governance, smart cities, small communities, supply chains, personalized medicine and other fields, and thereby deliver benefits to many people.

Author(s) Name:  Konstantinos Sgantzos and Ian Grigg

Publisher name:  MDPI

DOI:  10.3390/fi11080170

Volume Information:  Volume 11 Issue 8

Paper Link: https://www.mdpi.com/1999-5903/11/8/170