Global Journal of Computer Science and Technology, D: Neural & Artificial Intelligence, Volume 23 Issue 2

II. B ackground on S mart C ontracts Smart contracts are automated agreements with their terms written directly into code, and they are utilized on various blockchain platforms. Ethereum is one of the pioneering platforms for smart contracts, hosting a vast ecosystem of decentralized applications (dApps) and using Solidity as its programming language. Binance Smart Chain (BSC) is a popular alternative, offering compatibility with Ethereum's Virtual Machine (EVM) for those seeking lower transaction fees. Cardano distinguishes itself in the blockchain space with a focus on sustainability, scalability, and secure smart contracts, using Plutus as its programming language. Polkadot offers a unique multi-chain environment, allowing custom blockchains with smart contract functionality to interact seamlessly. Other notable blockchain platforms supporting smart contracts include EOS, Tron, and Tezos. Each of these platforms caters to various application domains and contributes to the growth of decentralized applications and programmable financial ecosystems. Smart contracts function through the use of simple 'if/when…then…' statements written in code on a blockchain. Once predefined conditions are verified, a network of computers executes the actions specified in the contract. These actions can encompass a variety of tasks, including releasing funds to designated parties, registering vehicles, sending notifications, or issuing tickets. The immutable nature of the blockchain guarantees that completed transactions cannot be altered, and access to the results is restricted to authorized parties only. and online resources to simplify the process for businesses. These advancements aim to promote the broader adoption of blockchain technology across various industries. Within a smart contract, participants can incorporate multiple stipulations to ensure satisfactory task completion. Participants collaboratively decide on the contract's terms, including rules governing transactions, data representation on the blockchain, potential exceptions, and dispute resolution frameworks. This approach facilitates smart contract creation and encourages wider adoption across industries. Smart contracts have revolutionized contract management by offering several key benefits. They operate on blockchain technology, ensuring enhanced security and trust. Once deployed, smart contracts become immutable, making them resistant to tampering and fraud. Their transparency on the blockchain fosters trust among parties, reducing the chances of disputes. The automation and efficiency of smart contracts streamline processes, eliminating the need for intermediaries and saving time and costs. Furthermore, their global accessibility simplifies cross-border transactions. Smart contracts execute with precision based on predefined conditions, guaranteeing the accurate fulfillment of contractual obligations. They have also fueled innovation by enabling decentralized applications across various industries. With these advantages, smart contracts are transforming contract execution and bringing significant improvements to business operations. Smart contracts bring numerous advantages that have significantly transformed the traditional contract landscape and unlocked new possibilities across various industries. Operating on blockchain technology, these self-executing digital agreements offer benefits such as enhanced trust, security, transparency, efficiency, cost savings, global accessibility, accuracy, innovation, and eliminating intermediaries. • Trust is a fundamental aspect of smart contracts, as they eliminate the need for intermediaries like banks or lawyers. The reliance on decentralized blockchain networks ensures that contract execution is guaranteed by the system's consensus mechanism, enhancing trust between parties involved in the agreement. • The security offered by smart contracts is a critical factor in their adoption. Once deployed on the blockchain, these contracts become immutable, preventing unauthorized alterations or tampering. This cryptographic immutability ensures the integrity of the contract, making it resistant to fraud and unauthorized access. • Transparency is inherent in blockchain technology, and smart contracts leverage this feature to provide a high level of transparency. All contract © 2023 Global Journals Global Journal of Computer Science and Technology Volume XXIII Issue II Version I 58 ( ) Year 2023 D Strengthening Smart Contracts: An AI-Driven Security Exploration In a smart contract, participants can include numerous stipulations to ensure the satisfactory completion of the agreed-upon task. To establish the contract's terms, participants collaborate to determine how transactions and their associated data will be represented on the blockchain. They reach a consensus on the "if/when...then..." rules that govern these transactions, consider potential exceptions and devise a framework for dispute resolution. Smart contracts are typically programmed by developers, but organizations are increasingly providing user-friendly tools such as templates, web interfaces, This paper explores the intersection of AI and smart contract security, diving into the numerous ways AI can be leveraged to mitigate risks and bolster the robustness of smart contracts. We will investigate AI applications across various phases of the smart contract development lifecycle, encompassing design, coding, auditing, and monitoring. Moreover, we will address the challenges and constraints linked to AI based security measures and propose potential avenues for future research in this rapidly advancing field.