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

The future of converging AI and blockchain

Several experiments are being undertaken on building new waves of digital solutions where AI and blockchains can co-exist to deliver optimal solutions that enable faster decision making and provide the desired transparency to all stakeholders. Some companies have already released products and commercial solutions offering the convergence of both technologies to consumers and enterprise businesses.

It is important we understand that this convergence is just beginning, as we are yet to explore the best of AI techniques to blend with viable blockchain and decentralized storage networks.

In the following diagram, I have provided a general representation of the hybrid solution architecture of a DIApp:

Fig 9.1: Reference solution architecture for a DIApp

The preceding diagram is a pictorial representation of reference architecture for the majority of DIApp solutions. I have identified all the major resources and stakeholders involved in the solution...