Book Image

Practical Artificial Intelligence and Blockchain

By : Ganesh Prasad Kumble
Book Image

Practical Artificial Intelligence and Blockchain

By: Ganesh Prasad Kumble

Overview of this book

AI and blockchain are two emerging technologies catalyzing the pace of enterprise innovation. With this book, you’ll understand both technologies and converge them to solve real-world challenges. This AI blockchain book is divided into three sections. The first section covers the fundamentals of blockchain, AI, and affiliated technologies, where you’ll learn to differentiate between the various implementations of blockchains and AI with the help of examples. The second section takes you through domain-specific applications of AI and blockchain. You’ll understand the basics of decentralized databases and file systems and connect the dots between AI and blockchain before exploring products and solutions that use them together. You’ll then discover applications of AI techniques in crypto trading. In the third section, you’ll be introduced to the DIApp design pattern and compare it with the DApp design pattern. The book also highlights unique aspects of SDLC (software development lifecycle) when building a DIApp, shows you how to implement a sample contact tracing application, and delves into the future of AI with blockchain. By the end of this book, you’ll have developed the skills you need to converge AI and blockchain technologies to build smart solutions using the DIApp design pattern.
Table of Contents (15 chapters)
Section 1: Overview of Blockchain Technology
Section 2: Blockchain and Artificial Intelligence
Section 3: Developing Blockchain Products

Introduction to DIApps

Before understanding what we mean by a DIApp, let's first understand what a decentralized application really is. Decentralized applications or dApps (also written as DApp or Dapp) are user applications that run on a platform hosted by a number of nodes in a distributed manner. DApps emerged as a solution architecture on top of blockchains wherein custom business logic could be programmed in a particular language of support. Once the logic is interpreted into code, we deploy this code on the respective blockchain platforms. Once the logic is deployed on the platform, we further integrate the logical program with frontend applications for user interactions.

In contrast to DApps, a Decentralized Intelligent Application (DIApp) is an enhanced pattern of a DApp that facilitates the application of AI wherever applicable, on top of a blockchain platform, in a much more robust manner that provides value to all stakeholders. Although the concept of slapping AI on top...