AI and Blockchain: The Emerging Duets in Data Storage and Processing

Explore a 58-minute conference presentation from the Storage Developer Conference 2022 that delves into the synergistic relationship between Artificial Intelligence and Blockchain technologies. Learn about current challenges in AI implementation across industries, particularly regarding data isolation, privacy constraints, and training model limitations. Discover how federated learning combined with Blockchain offers solutions to performance, cost, and regulatory compliance issues in data transfer and storage. Examine the features of modern consortium blockchains, including decentralized data storage for secure transaction validation, while understanding inherent challenges in storage size and distribution across global P2P networks. Gain insights into how AI and Blockchain complement each other - using blockchain for consensus and decision-making in AI, while leveraging AI to optimize storage and overcome blockchain challenges through strategic storage/transaction grouping. Review practical use cases demonstrating the merits of this combined approach in future digitization and automation, addressing both performance and security challenges.