Integration of Smart Contracts and Artificial Intelligence using Cryptographic Oracles - volodymyr-sokolov/publications GitHub Wiki

Conference Paper

Denys Virovets , Sergiy Obushnyi , Bohdan Zhurakovskyi , Pavlo Skladannyi , Volodymyr Sokolov

Abstract

Artificial Intelligence (AI) and Distributed Ledger Technology (DLT) together address complex tasks by optimizing and automating business processes and creating innovative new products. Despite their shared digital nature, integrating these two technologies is a challenging process that requires sophisticated solutions. AI relies on large amounts of data and computational power, which are difficult to provide within distributed ledgers. However, the integration of DLT with AI, particularly its interaction with smart contracts, is made possible through the use of an intermediary data exchange and transfer mechanism known as an oracle. This paper analyzes various methods of smart contract interaction with distributed ledgers and hypothesizes the existence of decentralized AI technology. By exploring the methods and techniques for using oracles to facilitate AI and blockchain interaction, we can assess new opportunities for the decentralized economy arising from their combination with AI services and models, and predict the emergence of new decentralized products enhanced by AI technologies.

Keywords

AI; artificial intelligence; blockchain; crypto-economy; cryptography; decentralization; decentralized artificial intelligence; oracle; smart contracts; web3

SciVal Topics

E-procurement; Case Study; E-Commerce


Publisher

SCImago Journal & Country Rank

2024 Classic, Quantum, and Post-Quantum Cryptography (CQPC)

6 August 2024 Kyiv, Ukraine

First Online: 12 November 2024


Indices


Cite

APA

Virovets, D., Obushnyi, S., Zhurakovskyi, B., Skladannyi, P., & Sokolov, V. (2024). Integration of Smart Contracts and Artificial Intelligence using Cryptographic Oracles. In Classic, Quantum, and Post-Quantum Cryptography (Vol. 3829, pp. 39–46).

IEEE

D. Virovets, S. Obushnyi, B. Zhurakovskyi, P. Skladannyi, and V. Sokolov, “Integration of Smart Contracts and Artificial Intelligence using Cryptographic Oracles,” Classic, Quantum, and Post-Quantum Cryptography, vol. 3829, pp. 39–46, 2024.

CEUR-WS

D. Virovets, et al., Integration of Smart Contracts and Artificial Intelligence using Cryptographic Oracles, in: Classic, Quantum, and Post-Quantum Cryptography, vol. 3829 (2024) 39–46.

⚠️ **GitHub.com Fallback** ⚠️