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Blockchain and AI: Powering the future

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by Girish Nuli, CEO, Antara Software and Consulting Private Limited at STeP-IN SUMMIT 2018 15th International Conference on Software Testing on August 31, 2018 at Taj, MG Road, Bengaluru

Published in: Technology
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Blockchain and AI: Powering the future

  1. 1. Human Intelligence
  2. 2. Machine Intelligence Processing Capacity Efficient Algorithms (Tools) Power without utility = useless! Algorithms without power = useless! AI revolution = Convergence of Power + Algorithms Image Credit: Flickr.com
  3. 3. ARTIFICIAL INTELLIGENCE
  4. 4. AS SIMPLE AS Crunching numbers in excel sheets and databases in seconds instead of an entire day, so that you can spend the day doing…
  5. 5. Image Credit: Wikimedia.org
  6. 6. OR AS COMPLEX AS Taking a rocket into SPACE, so that you can spend the day doing…
  7. 7. Image Credit: Wikipedia.org
  8. 8. AI Today & Tomorrow Automated advisors for insurance and loans (e.g. Wealthfront) Image recognition (Contract Intelligence (COiN) platform) – analyses legals documents (3,60,000 man-hours vs seconds) Dingsunbao (Loss assessment master) Self driving cars Speech recognition Image Credit: alizila.com Cognitive assistants
  9. 9. AI: Basic Premise Human brains + BIG data = BIG fail We work on processed results, intuitions and emotions to make decisions AI = learn from past trends to predict future events AI = learn from large datasets to complete repititive tasks AI = dynamic decision making to handle unexpected situations Today: Maximum impact on people performing repititive tasks
  10. 10. BLOCKCHAIN
  11. 11. Blockchain Good for immutable record keeping Good for security & identity (zero knowledge proofs, quantun resistant encryption) Good for enforcing contracts on digital assets Bad for complex tasks! Bad for high transaction speeds (as of now)
  12. 12. F U L LY D E C E N T R A L I Z E D ( D A O , P 2 P, D E X ) PA R T I A L LY D E C E N T R A L I S E D ( U b e r, A i r b n b ) PA R T I A L LY D E C E N T R A L I Z E D , D I S T R I B U T E D ( E n t e r p r i s e B l o c k c h a i n s ) F U L LY C E N T R A L I S E D ( I n s u r a n c e , B a n k i n g )
  13. 13. SMART CONTRACTS At the heart of most Blockchain applications Decentralization is powered by smart contracts
  14. 14. Let’s PLAY!
  15. 15. contract Bonus { }
  16. 16. contract Bonus { address me; address boss; address kpiBot; uint depositFromBoss; }
  17. 17. contract Bonus { function depositMoney(amount) bossOnly { depositFromBoss = amount; } }
  18. 18. contract Bonus { function updatePerformance(kpi) kpiBotOnly { if(kpi > 99%) transferBalance(me); if(kpi > 90%) transferBalance(me = 50%, boss = 50%); if(kpi > 80%) transferBalance(me = 30%, boss = 70%); transferBalance(boss = 100%); } }
  19. 19. Blockchain + AI BLOCKCHAIN FOR DATA, SECURITY & COMMERCE AI FOR “SMARTNESS”

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