Integration of blockchain and artificial intelligence as a mechanism for modernisation of various economic sectors

The purpose of this article is to consider the prospects for the integration of blockchain and artificial intelligence (hereinafter referred to as AI) as an innovative approach to modernisation of various economic sectors. The authors analyse the possibilities of using this technological merger to o...

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Main Authors: N. A. Kashevarova, M. E. Kulikova
Format: Article
Language:English
Published: Publishing House of the State University of Management 2024-06-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/5267
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author N. A. Kashevarova
M. E. Kulikova
author_facet N. A. Kashevarova
M. E. Kulikova
author_sort N. A. Kashevarova
collection DOAJ
description The purpose of this article is to consider the prospects for the integration of blockchain and artificial intelligence (hereinafter referred to as AI) as an innovative approach to modernisation of various economic sectors. The authors analyse the possibilities of using this technological merger to optimise business processes, increase transparency and reduce transaction costs in different sectors, including finance, healthcare, transport, energy, etc. Particular attention is paid to the benefits of synergy between AI and distributed ledger technology, which allows for more efficient and sustainable systems of managing data and assets. The research object in this article is the process of integrating blockchain and AI. The subject of the study is the effectiveness of modernisation of various economic sectors through the combination of these technologies. The research method is an analytical review of scientific publications and successful implemented projects. The results of the current article lie in the analysis of the advantages of integrating blockchain and AI as well as forecasting further prospects for the development of this area. The practical significance of the work consists in the fact that the obtained results can be used to design strategies and plans for the implementation of this technology integration into domestic business.
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institution Kabale University
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publisher Publishing House of the State University of Management
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series Вестник университета
spelling doaj-art-9edcfce5d07b4ea58d18a7edcb31ca9a2025-02-04T08:28:20ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152024-06-0105546710.26425/1816-4277-2024-5-54-673100Integration of blockchain and artificial intelligence as a mechanism for modernisation of various economic sectorsN. A. Kashevarova0M. E. Kulikova1Bauman Moscow State Technical UniversityBauman Moscow State Technical UniversityThe purpose of this article is to consider the prospects for the integration of blockchain and artificial intelligence (hereinafter referred to as AI) as an innovative approach to modernisation of various economic sectors. The authors analyse the possibilities of using this technological merger to optimise business processes, increase transparency and reduce transaction costs in different sectors, including finance, healthcare, transport, energy, etc. Particular attention is paid to the benefits of synergy between AI and distributed ledger technology, which allows for more efficient and sustainable systems of managing data and assets. The research object in this article is the process of integrating blockchain and AI. The subject of the study is the effectiveness of modernisation of various economic sectors through the combination of these technologies. The research method is an analytical review of scientific publications and successful implemented projects. The results of the current article lie in the analysis of the advantages of integrating blockchain and AI as well as forecasting further prospects for the development of this area. The practical significance of the work consists in the fact that the obtained results can be used to design strategies and plans for the implementation of this technology integration into domestic business.https://vestnik.guu.ru/jour/article/view/5267artificial intelligenceblockchaindistributed ledger technologyeconomic sectorsmechanism of modernisationmodernisation of economydigitalisation of processes
spellingShingle N. A. Kashevarova
M. E. Kulikova
Integration of blockchain and artificial intelligence as a mechanism for modernisation of various economic sectors
Вестник университета
artificial intelligence
blockchain
distributed ledger technology
economic sectors
mechanism of modernisation
modernisation of economy
digitalisation of processes
title Integration of blockchain and artificial intelligence as a mechanism for modernisation of various economic sectors
title_full Integration of blockchain and artificial intelligence as a mechanism for modernisation of various economic sectors
title_fullStr Integration of blockchain and artificial intelligence as a mechanism for modernisation of various economic sectors
title_full_unstemmed Integration of blockchain and artificial intelligence as a mechanism for modernisation of various economic sectors
title_short Integration of blockchain and artificial intelligence as a mechanism for modernisation of various economic sectors
title_sort integration of blockchain and artificial intelligence as a mechanism for modernisation of various economic sectors
topic artificial intelligence
blockchain
distributed ledger technology
economic sectors
mechanism of modernisation
modernisation of economy
digitalisation of processes
url https://vestnik.guu.ru/jour/article/view/5267
work_keys_str_mv AT nakashevarova integrationofblockchainandartificialintelligenceasamechanismformodernisationofvariouseconomicsectors
AT mekulikova integrationofblockchainandartificialintelligenceasamechanismformodernisationofvariouseconomicsectors