One of the most unexplored areas of latest technologies is integration of artificial intelligence and blockchain technology. Individually both technologies have been doing transformative reforms in almost all walks of life. The rise of the digital economy has disrupted traditional business models, leading to the emergence of new industries and services. The results being observed with application of artificial intelligence in multiple industries is revolutionary. Combination of blockchain with AI has got multidisciplinary applications including in fields of Education, Supply Chain Management, Big Data analytics and storage, data security, financial services, and health care. In this work, the researchers tried to explore the areas of artificial intelligence and blockchain and performed a narrative and integrated literature review and also proposed some possible future applications that would need integration of AI and blockchain.