Blockchain Technology and Artificial Intelligence

Abstract

Nowadays, blockchain and artificial intelligence (AI) come in light as two of the most widely known revolutionary technologies. Because of the use of blockchain, the capacity for automation of Bitcoin payments and to deliver user decentralized, trustworthy use of a shared record, transactions, and ledgers is increased. It has the power to supervise the user's interaction without the assistance of intermediary or trustworthy third parties, comparable to smart contracts. Moreover, AI endows robots with intelligence and human-like decision-making ability. It is a little bit challenging to enable data transfer for true big data and truly potent AI in an online environment. This chapter gives a detailed review of blockchain execution for AI. The developing blockchain enactment, platforms, and protocols that are especially turnout toward the AI sector are reviewed in the reports and summarized. Using blockchain technology for AI presents a number of open research issues, which are also highlighted and explored. These technologies' (AI and blockchain) proficiency can build a win- win situation for a healthy economy and environmental resource management. Blockchain and AI working simultaneously seems to have a great deal of potential, specifically for data modeling and estimation, storing data in digital format and verifying the transactions, etc.