Generative AI-enabled Blockchain Networks: Fundamentals, Applications, and Case Study

Generative Artificial Intelligence (GAI) has recently emerged as a promising solution to address critical challenges of blockchain technology, including scalability, security, privacy, and interoperability. In this paper, we first introduce GAI techniques, outline their applications, and discuss exi...

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Bibliographic Details
Published inIEEE network p. 1
Main Authors Nguyen, Cong T., Liu, Yinqiu, Du, Hongyang, Hoang, Dinh Thai, Niyato, Dusit, Nguyen, Diep N., Mao, Shiwen
Format Journal Article
LanguageEnglish
Published IEEE 10.06.2024
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Summary:Generative Artificial Intelligence (GAI) has recently emerged as a promising solution to address critical challenges of blockchain technology, including scalability, security, privacy, and interoperability. In this paper, we first introduce GAI techniques, outline their applications, and discuss existing solutions for integrating GAI into blockchains. Then, we discuss emerging solutions that demonstrate the effectiveness of GAI in addressing various challenges of blockchain, such as detecting unknown blockchain attacks and smart contract vulnerabilities, designing key secret sharing schemes, and enhancing privacy. Moreover, we present a case study to demonstrate that GAI, specifically the generative diffusion model, can be employed to optimize blockchain network performance metrics. Experimental results clearly show that, compared to a baseline traditional AI approach, the proposed generative diffusion model approach can converge faster, achieve higher rewards, and significantly improve the throughput and latency of the blockchain network. Additionally, we highlight future research directions for GAI in blockchain applications, including personalized GAI-enabled blockchains, GAI-blockchain synergy, and privacy and security considerations within blockchain ecosystems.
ISSN:0890-8044
1558-156X
DOI:10.1109/MNET.2024.3412161