Synergetic Interaction of Blockchain ​​technologies and Artificial Intelligence as a Factor of Digital Transformation of the Economy

Abstract

The conceptual foundations of artificial intelligence and blockchain technology are considered. Methodologically, the work is based on the use of the analysis method to identify the limitations and prospects of the synergistic development of blockchain technologies and artificial intelligence in the conditions of the digital transformation of the economy; an empirical method for collecting and processing information about the features and trends in the development of the researched technologies; graphical method for visualizing the structural characteristics of an artificial neural network and the dynamics of the growth of computing power of the blockchain network. The key historical obstacles to the development of artificial intelligence technology are analyzed, which include limitations of computing power, information limitations, and methodological problems. It was found that overcoming the problem of limiting computing power in connection with similar requirements for the hardware base contributed to the synergistic interaction of blockchain technology and artificial intelligence. It is shown that a promising aspect of the synergy of artificial intelligence and blockchain technologies in the context of the use of computing power is related to the idea of ​​using the computing power of miners to solve problems that have an independent value, in particular, the training of artificial neural networks. The key trends of the digital transformation of the economy, for which the key determinant is the synergy of blockchain and artificial intelligence, are the Internet of Things, the sharing economy, as well as inclusion and sustainable development. The synergistic effect of artificial intelligence and blockchain technology in the field of the IoT is that artificial intelligence makes it possible to bring the degree of "intelligence" of devices to a qualitatively new level, endowing them with the ability to make autonomous decisions and adaptive behavior. And blockchain technology is able to neutralize a significant part of the threats in the field of IoT, in particular, those associated with increasing autonomy of smart devices. The role of artificial intelligence in the development of the sharing economy is to optimize the recommendations of digital platforms regarding the exchange of resources or access to them, which leads to an increase in the effectiveness of the decisions making, an increase in consumer satisfaction, and has a positive effect on the operational results of the platforms themselves. Blockchain technologies, which are actively used by digital platforms of the sharing economy, increase the safety and reliability of the functioning of these platforms. The synergy between blockchain and artificial intelligence is important given the role they play in enabling inclusion and sustainable development. Their importance in ensuring inclusion is due to the fact that they facilitate the involvement of a wider range of stakeholders in the decision-making process and the redistribution of value through decentralized organizations (DAOs). This ensures the formation of an effective business model, which promotes the activation of the role of small and medium-sized enterprises and the emergence of an effective alternative to the trend of global capital concentration and the dominance of transnational corporations.