AI, Blockchain and Financial Services: Unlocking New Possibilities

Authors

Shally Garg

Abstract

Blockchain combined with artificial intelligence is inspiring creativity, strengthening security, and raising efficiency in financial services. While distributed AI models for credit assessment provide more accurate and equitable lending methods, AI-powered smart contracts enable dynamic, self-executable agreements. AI-enhanced blockchain systems also provide real-time regulatory compliance and blockchain-based cross-border payment systems, improved by AI, guarantee quicker and more safe transactions. By automating procedures, guaranteeing openness, and raising security, these developments are modernizing financial services and therefore changing the sector.

Keywords

Blockchain-Powered AI In Banking, AI and Blockchain for Fraud Detection, Decentralized Finance, Defi, Blockchain Banking, AI-Driven Finance

AI, Blockchain and Financial Services: Unlocking New Possibilities. Shally Garg. 2022. IJIRCT, Volume 8, Issue 1. Pages 1-5. https://www.ijirct.org/viewPaper.php?paperId=2503010