Blockchain Technology and AI-A Review

Abstract

This paper examines the advantagesand disadvantages of using blockchain technology in the field of Artificial Technology. There is no denying that the concept of artificial intelligence (AI) and blockchain is spreading at an astonishing rate. Both technologies have different levels of technical complexity and multidimensional business impact. Some of the limitations of existing blockchain technology may be surpassedbyartificialintelligence(AI). Inthispaper, we suggest a blockchain that usesAI to automatically create smart contracts, transforming them into intelligent contracts. It also consumes less energy and expedites transaction verification. The findings demonstrate that, in several circumstances, intelligent contracts provide greater security than smart contracts. Researchers have studied the combination of these two technologies. This is because the integration of these two technologies will significantly advance the underlying architecture ofthe blockchain and improve AI at rest. Thepartnership between AI and blockchain should create many possibilities. By using blockchain technology, this study seeks to demonstrate the state of the art in the field of artificial intelligence. It also considers thedifficulties and problems encountered in implementing these technologies. It is established that the trusting combination of AI with blockchain opens up several opportunities. Similar techniques offer scientistsand regulators up to 90% accuracy when properly considered.