Blockchain Technology and AI-A Review

Abstract

This paper examines the advantages and
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 surpassed by artificial
intelligence (AI). In this paper, we suggest a
blockchain that uses AI 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. The partnership 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
the difficulties 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
scientists and regulators up to 90% accuracy
when properly considered.