Revolutionizing Next-Generation Industry with AI-Blockchain Synergy for Enhanced Security and Automation
AI and blockchain are making future enterprises safer, more automated, and more open. This article proposes combining machine learning algorithms with open blockchain networks to improve corporate operations and protect private data. We tried using it for safe industrial processes, smart contract-based banking, and autonomous supply chain management. Technology performance, transaction speed, data loss, and cost were the KPIs. The trial found that blockchain's safety reduced data breaches by 41%, automation improved by 38%, and smart contracts ran 23% quicker. Technology reduced operational expenses by 27% compared to conventional methods. A detailed scalability analysis demonstrated that the proposed system could handle 1.5 million events per second and make 99.9% accurate automated judgments. Data shows that merging AI with blockchain makes things safer, more automated, and cheaper, making it a smart choice for digital-first companies.
Authors
- Haewon Byeon (ORCID: https://orcid.org/0000-0002-3363-390X)
- V Kiran Kumar
- Pramod Kumar (ORCID: https://orcid.org/0009-0001-0700-4253)
- Devender Kumar (ORCID: https://orcid.org/0000-0002-4327-8358)
- Mukesh Soni
Institutions
- Inje University (KR)
- Baba Mastnath University (IN)
- Graphic Era University (IN)
Publication Details
- Published
- 2024-12-06
- DOI
- https://doi.org/10.1109/ihcsp63227.2024.10959914
- Primary Topic
- Blockchain Technology Applications and Security
- Type
- article
- Field-Weighted Citation Impact
- 0.00