# AI-enhanced blockchain technology: A review of advancements and opportunities Content type: Research Paper Summary: This review paper offers a comprehensive survey of the convergence between artificial intelligence and blockchain technology. The author categorizes recent advancements into three main domains: AI-driven optimization of blockchain consensus mechanisms, AI-enhanced smart contract security, and the development of decentralized AI marketplaces. The paper synthesizes literature to explain how machine learning algorithms can predict mining difficulty, detect anomalies in transaction patterns, and opt Key concepts: D. Ressi, blockchain optimization, smart contract security, machine learning, energy efficiency, decentralized markets, federated learning
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AI-enhanced blockchain technology: A review of advancements and opportunities

D. Ressi

Academic PaperJanuary 2024

Abstract

This review paper offers a comprehensive survey of the convergence between artificial intelligence and blockchain technology. The author categorizes recent advancements into three main domains: AI-driven optimization of blockchain consensus mechanisms, AI-enhanced smart contract security, and the development of decentralized AI marketplaces. The paper synthesizes literature to explain how machine learning algorithms can predict mining difficulty, detect anomalies in transaction patterns, and optimize shard management in scaling solutions. Furthermore, it addresses the technical challenges of reconciling AI's computational requirements with the resource-constrained environment of blockchain nodes. The research findings indicate that AI can significantly reduce the energy consumption of Proof-of-Work systems through predictive resource allocation. The paper concludes by highlighting future research trajectories, specifically focusing on privacy-preserving machine learning and the integration of federated learning models within decentralized networks. It serves as a foundational resource for researchers looking to understand the interplay between autonomous agents and distributed ledgers.

Key Findings

  • 1Machine learning can optimize blockchain resource management and energy efficiency.
  • 2AI models improve smart contract security by detecting vulnerabilities prior to deployment.
  • 3Decentralized AI marketplaces are enabled by blockchain-based incentive structures.
  • 4Resource reconciliation between AI computational needs and blockchain node limitations is a critical hurdle.

Topics

blockchain optimizationsmart contract securitymachine learningenergy efficiencydecentralized marketsfederated learning

Citation

D. Ressi (2024). AI-enhanced blockchain technology: A review of advancements and opportunities. Academic Paper. https://www.sciencedirect.com/science/article/pii/S1084804524000353

BibTeX

@misc{aienhanced2024,
  title = {AI-enhanced blockchain technology: A review of advancements and opportunities},
  author = {D. Ressi},
  year = {2024},
  howpublished = {\url{https://www.sciencedirect.com/science/article/pii/S1084804524000353}},
}

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