Transformative Impact of AI Blockchain Convergence Revolutionizing Decision-Making in Supply Chain Financial Services and Healthcare

The recommended AI-Blockchain Integration Method is a huge step toward using artificial intelligence and blockchain technology to help many organizations make better choices and function more efficiently. The process starts with the analysis of agreement criteria and network data, which guarantees the accuracy and speed of handling agreements. The suggested technique improves distributed system assessment and real-time data-based adjustments to make agreement mechanisms more dependable and adaptive. The recommended solution outperforms traditional AI and ancient blockchain systems in precision and accuracy, size and flexibility, latency and response time, security and privacy, data consistency, and resource consumption. It also improves cost-effectiveness, integration, sharing, and user satisfaction. The proposed method achieved ideal compliance and adaptability scores, demonstrating its ability to obey laws and adapt to new technologies. The proposed AI-Blockchain Integration Method is revolutionary because it combines prediction and secure record-keeping. It will raise the industry standard and provide a more dependable, efficient, and flexible solution for many applications.

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Published
2024-12-18
DOI
https://doi.org/10.1109/pdgc64653.2024.10984303
Primary Topic
Impact of AI and Big Data on Business and Society
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article
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article

Transformative Impact of AI Blockchain Convergence Revolutionizing Decision-Making in Supply Chain Financial Services and Healthcare

Faisal Yousef Alghayadh, Shweta Singh, Haewon Byeon, Mukesh Soni et al.
Impact of AI and Big Data on Business and Society
article

Transformative Impact of AI Blockchain Convergence Revolutionizing Decision-Making in Supply Chain Financial Services and Healthcare

Faisal Yousef Alghayadh, Shweta Singh, Haewon Byeon, Mukesh Soni, Pramod Kumar, Rajiv Avacharmal
article en

Abstract

The recommended AI-Blockchain Integration Method is a huge step toward using artificial intelligence and blockchain technology to help many organizations make better choices and function more efficiently. The process starts with the analysis of agreement criteria and network data, which guarantees the accuracy and speed of handling agreements. The suggested technique improves distributed system assessment and real-time data-based adjustments to make agreement mechanisms more dependable and adaptive. The recommended solution outperforms traditional AI and ancient blockchain systems in precision and accuracy, size and flexibility, latency and response time, security and privacy, data consistency, and resource consumption. It also improves cost-effectiveness, integration, sharing, and user satisfaction. The proposed method achieved ideal compliance and adaptability scores, demonstrating its ability to obey laws and adapt to new technologies. The proposed AI-Blockchain Integration Method is revolutionary because it combines prediction and secure record-keeping. It will raise the industry standard and provide a more dependable, efficient, and flexible solution for many applications.

Inje University (KR), Alfaisal University (SA), University of Connecticut (US), Jagran Lakecity University (IN), Dr. D.Y. Patil Vidyapeeth, Pune (IN)
Peace, Justice and strong institutions
Openalex Percentile: Top 65%
Impact of AI and Big Data on Business and Society
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Transformative Impact of AI Blockchain Convergence Revolutionizing Decision-Making in Supply Chain Financial Services and Healthcare — Faisal Yousef Alghayadh, Shweta Singh, et al. · (2024) | TGRS Research Map | TGRS