Despite Contradictions, Artificial Intelligence and Block Chain Technology are Composing the Future Together
Neha Rani, Minakshi Thakur
Assistant Professor,
Arni University.
Abstract— Now times, Block Chain technology and enhancements in Artificial Intelligence paradigm are facing more attention in the field of research with new advancements in many security techniques in all the sectors of IT and business. One cannot deny from the fact that the adoption of Artificial Intelligence paradigms and block-chain technology is shaping the new face of market. Beyond their contradictions both are proceeding at lightning speed. Both of them are aimed at providing something new to the world but the degree of complexity of each is quite different. With a secure, decentralized, and trustworthy system, block-chain technology did automate the bit-coin payments and provide the users an access to a shared ledger of records, transactions and data. With the use of smart contracts, a block-chain can also regulate the user interactions without the need for any central authority. In the contradiction, AI provides agents with the ability of reasoning, decision making and human-level intellect. At bottom one can say, block chain is concerned with keeping correct records, authentication and implementation while AI deals in conducting assessments, examining, and coming to a decision analyzing certain patterns and datasets, eventually giving rise to a self- directed interaction. Artificial Intelligence along with block chain allocates several descriptions which will make a seamless communication prospect certainly. AI and Block-Chain need sharing of data. The decentralized approach of database focuses on the significance of data sharing among various clients on a meticulous network. In the same way, AI depends very much on Big-Data, exclusively, for data distribution.
The first section in the proposed article offers the Introduction part. The second section focuses on the majorly emphasized topics and domains about block chain technology indulging Artificial Intelligence into it, presents a detailed literature-review of many of the contributions by eminent research analysts. The third section describes the challenges in the collaborating AI with block-chain. The last section expresses a brief conclusion of the research work.
Keywords- Block Chain Technology, Artificial Intelligence, AI, Machine Learning
