Blockchain with Machine Learning - The ultimate industry disruptor

The fusion of blockchain and machine learning is an ultimate game changer. Machine learning relies on high volume of data to build models for accurate prediction. A lot of the challenges incurred in getting this data lies in collecting, organizing and auditing the data for accuracy. This is an area that can significantly be improved by using blockchain technology. By using smart contracts, data can be directly and reliably transferred straight from its place of origin. Smart contracts could, however, improve the whole process significantly by using digital signatures.

Blockchain is a good candidate to store sensitive information that should not be modified in any way. Machine learning works on the principle of “Garbage In, Garbage Out,” which means that if the data that was used to build a prediction model was corrupted in any way, the resultant model would not be of much use either. Combining both these technologies creates an industry disruptor which leverages the power of both Blockchain and Machine learning.

 
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Outline/Structure of the Talk

1. Introduction to Blockchain with Machine Learning

2. Advantages of combining these two technologies

3. Cloud integration with Microsoft Azure

4. Industry use cases from FinTech, Logistics and Healthcare sectors

5. Demo

Learning Outcome

Participants will be able to understand how these two technologies are creating an impact across Industries. Biggest take away will be seeing the Industry level use cases and benefits.

Cloud implementation will also be demoed as part of this session.

Target Audience

Machine Learning and Blockchain enthusiast and practitioners

Prerequisites for Attendees

1. Basics of Blockchain and Machine learning

2. Data Wrangling approaches

3. Some knowledge of Cloud

schedule Submitted 2 months ago

Public Feedback

comment Suggest improvements to the Speaker
  • Anoop Kulkarni
    By Anoop Kulkarni  ~  1 month ago
    reply Reply

    Also, another curious question. Is the demo that is talked about only of a cloud implementation? as in only using Azure? Would you be able to showcase data being fed using blockchain for the demo?

     

    ~anoop

    • Varun Sharma
      By Varun Sharma  ~  1 month ago
      reply Reply

      Hi Anoop, thank you for your review and the comments. My updates below:

      1. Primarily I will be showcasing cloud (Azure) for Blockchain implementation. Along with this I can also demo how to create a small Blockchain in R/Python.

      2. I think there is no point adding GCP in addition to Azure, as it can be little overwhelming to the participants.

      3. Yes, the Predictive Analytics will use the Blockchain distributed ledger data. 

      Please let me know if this answer your queries? Thank you.

      Quick question - I have submitted another proposal 'Automated Machine Learning' as well. Not getting any review comments for that, is that not been considered? I think that is also a very interesting topic for deep dive. 

  • Dr. Vikas Agrawal
    By Dr. Vikas Agrawal  ~  1 month ago
    reply Reply

    Dear Varun: I would love to hear about what specific problem statements that are shown in this talk that are solved which become an industry disruptor. What specific algorithms or combinations thereof do you plan to demonstrate? Are you planning a deep dive into those?

    Warm Regards

    Vikas

    • Varun Sharma
      By Varun Sharma  ~  1 month ago
      reply Reply

      Hello Dr. Vikas, Thank you for reviewing the proposal. Below are my points:

      1. Case studies:

      I will talk about Ripple (RippleNet) for global money transfer. And Corda  (Cordapp) banks distributed ledger in Azure Blockchain.

      Another case study will be about AIG Blockchain linked Insurance policy.

      2. These cases and the blockchain distributed ledger/data stores on Azure

      3. Using Azure Machine Learning Studio then we do 'Text Analytics'

      a. Feature Hashing

      b. Named entity recognition

      c. Vowpal Wabbit

      I am open for DeepDive or just a Techtalk. For Deep Dive I would need a 90 mins slot, else 45 mins works. 

      Please let me know your thoughts/questions.


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