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)
1
Section 1: Overview of Blockchain Technology
4
Section 2: Blockchain and Artificial Intelligence
9
Section 3: Developing Blockchain Products

AI in digital transformation

Many organizations have already prepared for the next wave of digital transformation. While a few digital solutions have adopted AI techniques successfully and are reaping the benefits, a significant portion of the digital solution space is busy preparing for the upcoming leaps in AI. We will briefly observe some of the key milestones where AI can enable future digital transformation programs and address major challenges.

We'll begin by observing some of the key milestones involved in a digital transformation project enabled by AI in the following diagram:

Fig 2.6: Important milestones in digital transformation using AI

The preceding diagram represents all the important milestones of an AI-led digital transformation project. The diagram also represents the flow connecting one milestone to another. Each milestone is elaborated in the following sections.

Data extraction

Before AI can be used to fuel a digital transformation project, essential information...