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

Converging AI and blockchain in enterprise

The global market size of Enterprise Resource Planning (ERP) software is expected to reach around USD 70 billion over the next 5 years. Over the past few years in the last decade, leading companies in the ERP software market, such as SAP and Oracle, have consistently pushed for the use of cloud and other emerging technologies. Several pilots were also launched in the interest of reducing costs and increasing overall productivity on the floor across various solution spaces, including Customer Relationship Management (CRM) and Supply Chain Management (SCM). There are a few niche use cases that could leverage the best of AI and blockchain technologies, along with other peripheral technologies, such as decentralized data management and Decentralized ID (DID) management.

Let's now explore some of the use cases that could enhance current enterprise software with blockchain and AI technologies.

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