The Synergy of Blockchain and Artificial Intelligence

12 Pages Posted: 4 Aug 2018

See all articles by Bo Xing

Bo Xing

Institute for Intelligent Systems (IIS) , University of Johannesburg

Tshilidzi Marwala

University of Johannesburg

Date Written: February 13, 2018

Abstract

It is undeniable that artificial intelligence (AI) and blockchain concepts are spreading at a phenomenal rate. Both technologies have distinct degree of technological complexity and multi-dimensional business implications. However, a common misunderstanding about blockchain concept, in particular, is that “a blockchain is decentralized and therefore no one controls it”. But the underlying development of a blockchain system is still attribute to a cluster of core developers. Take smart contract as an example, it is essentially a collection of codes (or functions) and data (or states) that are programmed and deployed on a blockchain (say, Ethereum) by different human programmers. It is thus, unfortunately, less likely to be free of loopholes and flaws. In this article, through a brief overview about how artificial intelligence could be used to deliver bug-free smart contract so as to achieve the goal of blockchain 2.0, we to emphasize that the blockchain implementation can be assisted or enhanced via various AI techniques. The alliance of AI and blockchain is expected to create numerous possibilities.

Keywords: Blockchain, Artificial Intelligence, Security, Smart Contract

Suggested Citation

Xing, Bo and Marwala, Tshilidzi, The Synergy of Blockchain and Artificial Intelligence (February 13, 2018). Available at SSRN: https://ssrn.com/abstract=3225357 or http://dx.doi.org/10.2139/ssrn.3225357

Bo Xing (Contact Author)

Institute for Intelligent Systems (IIS) , University of Johannesburg ( email )

Auckland Park
Johannesburtg, Gautung 2006
South Africa

Tshilidzi Marwala

University of Johannesburg

PO Box 524
Auckland Park
Johannesburg, Gauteng 2006
South Africa

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