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Research Article

Investigating the synergy of Blockchain and AI: enhancing security, efficiency, and transparency

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Received 11 Feb 2024, Accepted 26 Jun 2024, Published online: 05 Jul 2024
 

ABSTRACT

Integrating Blockchain and Artificial Intelligence can change business processes, promising improvements in Security, efficiency, and transparency. This proposed research investigates the synergy between these two technologies, investigating how their convergence can change business operations. AI’s data analysis and decision-making ability, coupled with Blockchain’s Security and transparent data sharing, sets the stage for innovative solutions across diverse sectors. The study aims to explore this integration’s potential benefits and challenges, emphasizing the need for further exploration and development. By conducting a systematic literature review, this research will analyze current findings to provide comprehensive insights into how Blockchain and AI can work together to improve business processes. This investigation uses AI to enhance Blockchain’s capabilities through smart contract automation, data analysis, and decision-making, while Blockchain offers a secure and transparent framework for AI operations. The research seeks to answer critical questions about improving Blockchain networks’ Security and privacy using AI, using Blockchain to enhance AI systems’ transparency and accountability, and using AI to improve Blockchain network performance and scalability. Beyond this research, the Author aims to contribute to the Blockchain and AI integration literature, offering a base for future research.

Disclosure statement

No potential conflict of interest was reported by the author(s).

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