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Blockchain for Business 2019

You're reading from   Blockchain for Business 2019 A user-friendly introduction to blockchain technology and its business applications

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Product type Paperback
Published in Jan 2019
Publisher
ISBN-13 9781789956023
Length 258 pages
Edition 1st Edition
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Concepts
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Author (1):
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Peter Lipovyanov Peter Lipovyanov
Author Profile Icon Peter Lipovyanov
Peter Lipovyanov
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Table of Contents (17) Chapters Close

Preface 1. Bitcoin, Blockchain, and Cryptoassets FREE CHAPTER 2. A Brief History of Money 3. The Birth of Bitcoin and the Advantages of a Decentralized Payment System 4. Five Forces of Bitcoin - #1 Blockchain 5. Five Forces of Bitcoin - #2 Cryptography 6. Five Forces of Bitcoin - #3 Consensus Algorithm 7. Five Forces of Bitcoin - #4 P2P Network 8. Five Forces of Bitcoin - #5 Software Code Base 9. How Ethereum Took the Idea of Blockchain to the Next Level 10. Ethereum - A Global Platform for Decentralized Applications 11. Blockchains Focused on Specific Sectors and Use Cases 12. Corporate Blockchains 13. The Disruptive Potential of Blockchain Technology 14. Blockchain and AI 15. Current Issues and Potential Solutions to Take Blockchain to the Next Level 16. Other Books You may Enjoy

Future of AI for smart contracts

The more futuristic concept of AI for smart contracts, which eventually can be used to build and run AI DApps and decentralized autonomous organizations (DAOs) in such a way that they can adapt and evolve to complete tasks with very limited human intervention is also very interesting.

A project called Cortex claims to be the first blockchain to support on-chain AI. They've managed to deploy a couple of AI models on their testnet using techniques such as quantization and compression. Quantization is a concept in machine learning that combines lightweight inference with high performance, which allows AI models to be executed with high levels of accuracy and low memory costs:

The inference process works as follows:

Compression reduces the size and data usage of models. The first model, a Cat or Dog classifier, was originally over 500 MB in...

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