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 cryptocurrencies in India

India has long been one of the few developing countries with an uncertain position on cryptocurrencies. A circular from the Reserve Bank of India (RBI) dated February 12, 2018 advised all the banks and RBI-regulated institutions against supporting any individual or entities involved in virtual currencies. This was considered as a blanket ban on all activities pertaining to cryptocurrencies, although exchanges in India were unable to support deposits or withdrawals associated with bank accounts.

On March 6, 2020, the Honorable Supreme Court of India's verdict quashed the RBI circular, thereby striking down RBI's ban on financial institutions rendering services to these exchanges and traders alike (

Although this is a temporary relief to the crypto trading industry and a role model to many other developing countries and economies, there are...