Converging Artificial Intelligence and Blockchain Technology using Oracle Contract in Ethereum Blockchain Platform

Abstract

Artificial Intelligence (AI) and blockchain are two emerging concepts that explored exponentially in recent years. In software development, artificial Intelligence offers a sophisticated enhancement on the programming logic, while blockchain technology provides transparency and relief the obligation to trust in a central party. Both are two different technologies but considered a disruptive technology in recent years. Artificial Intelligence faces several issues related to the validity of data, algorithms, and policies, while blockchain is called so “friendly” with transparency, trust, and immutability. Both technologies are still in the early stages of their development age. Always, the opportunity for both technologies to converge in some ways would be an exciting area to be explored. This research elaborates on the technical possibilities of application development on the blockchain platform that communicate with AI to do prediction task. Oracle contract allows the data inside Ethereum blockchain to interact with the external data source.