Multi‐party smart contract for an AI services ecosystem: An application to smart construction

Abstract

Various smart applications, such as in the domain of smart construction, require the use of artificial intelligence (AI) based services. In order to support such environments, various AI/knowledge service provider and consumer ecosystems have started to emerge.Within such ecosystems, the goals are to improve the quality, reliability, dependability in terms of governance and trust in the data which is exchanged among the various actors, which must be supported by specific business models. This work introduces a novel multi-party smart contract (SC) that is designed to address the above mentioned goals. Specific service level agreements that illustrate the interactions among the AI service providers and consumers are also presented. The developed multi-party SC supports different pricing schemes, which are analyzed in detail against the goals of the study.

Connecting artificial intelligence to value creation in services: mechanism and implications

“…This topic covers platformization and ecosystem transformation for providing AI services (Liu et al 2020), the taxonomy of business models of AI services (Anton et al 2021), and digital transformation or servitization closely related to AI services and servitization Payne et al 2021a). Application across industries (Topic 11) relates to perspectives on AI service development from case studies in various sectors, including education (Ouyang and Jiao 2021), hospitality (Hussein Al-shami et al 2022), energy (Marinakis et al 2021), construction (Gec et al 2023), sports (Chin et al 2022), and healthcare (Megaro et al 2022) sectors. Characteristics of AI services (Topic 12) covers the identification of AI characteristics in the perspectives of business models and their application for enhancing customer engagement Rust 2018, 2021) in the context of service robots considering system, customer, and service encounter (Flavián and Casaló 2021).…”

Blockchain Technology for Monitoring Energy Production for Reliable and Secure Big Data

“…The information packet is then sent to the smart contract, which guarantees secure and transparent data storage on the blockchain. Our prototype can operate seamlessly with any Ethereum Virtual Machine (EVM) compatible blockchain [20]. To collect and transmit electricity consumption data, we utilize IoT devices.…”