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March 21, 2020· arXiv (Cornell University)
preprint
Open access

Towards an Enterprise-Ready Implementation of Artificial Intelligence-Enabled, Blockchain-Based Smart Contracts

Abstract

Blockchain technology and artificial intelligence (AI) are current hot topics\nin research and practice. However, the potentials of their combination have\nbeen studied just recently to a larger extend. While different use cases for\ncombining AI and blockchain have been discussed, the idea of enabling\nblockchain-based smart contracts to perform "smarter" decisions by using AI or\nmachine learning (ML) models has only been considered on the conceptual level\nso far. It remained open, how such AI-enabled smart contracts could be\nimplemented in a robust way for real-world applications. Therefore, in this\npaper a new, enterprise-class implementation of AI-enabled smart contracts is\npresented and first insights regarding its feasibility are discussed.\n

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