Trustworthy Artificial Intelligence for Blockchain-based Cryptocurrency

Abstract

Blockchain-based cryptocurrency has attracted the immersive attention of individuals and businesses. With distributed ledger technology (DLT) consisting of growing list of record blocks and securely linked together using cryptography, each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. The timestamp proves that the transaction data existed when the block was created. Since each block contains information about the block previous to it, they effectively form a chain, with each additional block linking to the ones before it. Consequently, blockchain transactions are irreversible in that, once they are recorded, the data in any given block cannot be altered retroactively without altering all subsequent blocks. The blockchain-based technologies have been emerging with a fleet speed. In this paper, the trustworthy Artificial Intelligence will be explored for blockchain-based cryptocurrency where the prohibitive price leap creates a challenge for financial analysis and prediction.