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20 Enhancing industrial efficiency with AI-enabled blockchain-based solutions

  • Soumya Mishra , Priyanka Sharma , Bhoopathy Varadharajan and Bhola Khan
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Toward Artificial General Intelligence
This chapter is in the book Toward Artificial General Intelligence

Abstract

The ever-evolving technologies are constantly making the industrial processes more efficient and providing new opportunities for cost saving and enhanced operations. Artificial intelligence (AI)-enabled blockchain-based solutions are making significant contributions to the enhancement of industrial efficiency. AI-enabled blockchain-based solutions enable the secure and frictionless exchange of digital assets and data among members of the chain while enabling trustless interaction between them. These solutions enable faster and error-free transactions with enhanced scalability, reliability, traceability, and privacy.

Abstract

The ever-evolving technologies are constantly making the industrial processes more efficient and providing new opportunities for cost saving and enhanced operations. Artificial intelligence (AI)-enabled blockchain-based solutions are making significant contributions to the enhancement of industrial efficiency. AI-enabled blockchain-based solutions enable the secure and frictionless exchange of digital assets and data among members of the chain while enabling trustless interaction between them. These solutions enable faster and error-free transactions with enhanced scalability, reliability, traceability, and privacy.

Chapters in this book

  1. Frontmatter I
  2. Preface V
  3. Contents VII
  4. List of authors IX
  5. About the editors XIII
  6. 1 Introduction to artificial intelligence 1
  7. 2 AI technologies, tools, and industrial use cases 21
  8. 3 Classification and regression algorithms 53
  9. 4 Clustering and association algorithm 87
  10. 5 Reinforcement learning 109
  11. 6 Evaluation of AI model performance 125
  12. 7 Methods of cross-validation and bootstrapping 145
  13. 8 Meta-learning through ensemble approach: bagging, boosting, and random forest strategies 167
  14. 9 AI: issues, concerns, and ethical considerations 189
  15. 10 The future with AI and AI in action 213
  16. 11 A survey of AI in industry: from basic concepts to industrial and business applications 233
  17. 12 The intelligent implications of artificial intelligence-driven decision-making in business management 251
  18. 13 An innovative analysis of AI-powered automation techniques for business management 269
  19. 14 The smart and secured AI-powered strategies for optimizing processes in multi-vendor business applications 287
  20. 15 Utilizing AI technologies to enhance e-commerce business operations 309
  21. 16 Exploring the potential of artificial intelligence in wireless sensor networks 331
  22. 17 Exploring artificial intelligence techniques for enhanced sentiment analysis through data mining 345
  23. 18 Exploring the potential of artificial intelligence for automated sentiment 361
  24. 19 A novel blockchain-based artificial intelligence application for healthcare automation 373
  25. 20 Enhancing industrial efficiency with AI-enabled blockchain-based solutions 387
  26. Index 401
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