Applications of Blockchain and Artificial Intelligence in Finance and Governance

Applications of Blockchain and Artificial Intelligence in Finance and Governance PDF Author: A M Viswa Bharathy
Publisher: CRC Press
ISBN: 1040130364
Category : Computers
Languages : en
Pages : 292

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Book Description
In the rapidly evolving landscape of finance and governance, the integration of blockchain technology and artificial intelligence is reshaping the way we perceive and interact with traditional systems. In Applications of Blockchain and Artificial Intelligence in Finance and Governance, the authors delve into the intricacies of this dynamic intersection, offering a comprehensive exploration of the transformative potential of these cutting-edge technologies. From dissecting the symbiotic relationship between artificial intelligence and blockchain to examining their profound impact on cryptocurrency markets, each chapter offers invaluable insights into the role of these technologies in shaping the future of finance. With a meticulous review of open risks and challenges, the book navigates through the complexities of data security in public and consortium blockchain systems, paving the way for enhanced trust and transparency in financial transactions. Through real-world case studies and theoretical frameworks, readers are guided through the application of intelligent resource allocation for data analytics, unlocking the potential for optimized decision-making in blockchain-enabled financial transactions. Moreover, the book explores the revolutionary implications of blockchain and AI in maintaining smart governance records, revolutionizing accountability and efficiency in public administration. This book: Introduces a step-by-step procedure for developing blockchain and artificial intelligence-based applications for the finance industry using decentralized applications and hyperledgers. Discusses improved trust framework and data integrity in the blockchain using artificial intelligence in the finance sector. Highlights the importance of blockchain in solving transaction costs, coordination costs, and supervision costs for efficient resource allocation. Explores the use of explainable artificial intelligence for policy development, service delivery, and regulatory compliance. Explains how federated learning can be used to build more accurate and robust models for financial risk assessment, fraud detection, and customer profiling. From the transformative effects on the accounting profession to the burgeoning adoption of blockchain technology in supply chain finance, this book serves as an indispensable guide for professionals, academics, and enthusiasts alike. Applications of Blockchain and Artificial Intelligence in Finance and Governance illuminates the path toward a more secure, efficient, and equitable financial future, where innovation and collaboration reign supreme.

Applications of Blockchain and Artificial Intelligence in Finance and Governance

Applications of Blockchain and Artificial Intelligence in Finance and Governance PDF Author: A M Viswa Bharathy
Publisher: CRC Press
ISBN: 1040130364
Category : Computers
Languages : en
Pages : 292

Get Book Here

Book Description
In the rapidly evolving landscape of finance and governance, the integration of blockchain technology and artificial intelligence is reshaping the way we perceive and interact with traditional systems. In Applications of Blockchain and Artificial Intelligence in Finance and Governance, the authors delve into the intricacies of this dynamic intersection, offering a comprehensive exploration of the transformative potential of these cutting-edge technologies. From dissecting the symbiotic relationship between artificial intelligence and blockchain to examining their profound impact on cryptocurrency markets, each chapter offers invaluable insights into the role of these technologies in shaping the future of finance. With a meticulous review of open risks and challenges, the book navigates through the complexities of data security in public and consortium blockchain systems, paving the way for enhanced trust and transparency in financial transactions. Through real-world case studies and theoretical frameworks, readers are guided through the application of intelligent resource allocation for data analytics, unlocking the potential for optimized decision-making in blockchain-enabled financial transactions. Moreover, the book explores the revolutionary implications of blockchain and AI in maintaining smart governance records, revolutionizing accountability and efficiency in public administration. This book: Introduces a step-by-step procedure for developing blockchain and artificial intelligence-based applications for the finance industry using decentralized applications and hyperledgers. Discusses improved trust framework and data integrity in the blockchain using artificial intelligence in the finance sector. Highlights the importance of blockchain in solving transaction costs, coordination costs, and supervision costs for efficient resource allocation. Explores the use of explainable artificial intelligence for policy development, service delivery, and regulatory compliance. Explains how federated learning can be used to build more accurate and robust models for financial risk assessment, fraud detection, and customer profiling. From the transformative effects on the accounting profession to the burgeoning adoption of blockchain technology in supply chain finance, this book serves as an indispensable guide for professionals, academics, and enthusiasts alike. Applications of Blockchain and Artificial Intelligence in Finance and Governance illuminates the path toward a more secure, efficient, and equitable financial future, where innovation and collaboration reign supreme.

Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance

Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance PDF Author: El Bachir Boukherouaa
Publisher: International Monetary Fund
ISBN: 1589063953
Category : Business & Economics
Languages : en
Pages : 35

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Book Description
This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.

Fintech with Artificial Intelligence, Big Data, and Blockchain

Fintech with Artificial Intelligence, Big Data, and Blockchain PDF Author: Paul Moon Sub Choi
Publisher: Springer Nature
ISBN: 9813361379
Category : Technology & Engineering
Languages : en
Pages : 306

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Book Description
This book introduces readers to recent advancements in financial technologies. The contents cover some of the state-of-the-art fields in financial technology, practice, and research associated with artificial intelligence, big data, and blockchain—all of which are transforming the nature of how products and services are designed and delivered, making less adaptable institutions fast become obsolete. The book provides the fundamental framework, research insights, and empirical evidence in the efficacy of these new technologies, employing practical and academic approaches to help professionals and academics reach innovative solutions and grow competitive strengths.

Blockchain and Applications

Blockchain and Applications PDF Author: Javier Prieto
Publisher: Springer
ISBN: 303023813X
Category : Computers
Languages : en
Pages : 193

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Book Description
This book gathers the refereed proceedings of the 1st International Congress on Blockchain and Applications 2019, BLOCKCHAIN’19, held in Ávila, Spain, in June 2019. Among the scientific community, blockchain and artificial intelligence are broadly considered to offer a promising combination that could transform the production and manufacturing industry, media, finance, insurance, e-government, etc. Nevertheless, there is no generally accepted approach, nor established best practices, for combining blockchain and artificial intelligence. The 21 papers presented here were carefully reviewed and selected from over 40 submissions. They highlight the latest advances in blockchain, artificial intelligence and their application domains, exploring innovative ideas, guidelines, theories, models, technologies, and tools, and identifying critical issues and challenges that researchers and practitioners will face in the near future. We wish to thank the sponsors: IEEE Systems Man and Cybernetics Society, Spain Section Chapter, and the IEEE Spain Section (Technical Co-Sponsor), IBM, Indra, Viewnext, Global Exchange, AEPIA, APPIA and AIR institute.

Blockchain Development for Finance Projects

Blockchain Development for Finance Projects PDF Author: Ishan Roy
Publisher: Packt Publishing Ltd
ISBN: 1838822127
Category : Computers
Languages : en
Pages : 514

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Book Description
A practical blockchain handbook designed to take you through implementing and re-engineering banking and financial solutions and workflows using eight step-by-step projects Key FeaturesImplement various end-to-end blockchain projects and learn to enhance present-day financial solutionsUse Ethereum, Hyperledger, and Stellar to build public and private decentralized applicationsAddress complex challenges faced in the BFSI domain using different blockchain platform servicesBook Description Blockchain technology will continue to play an integral role in the banking and finance sector in the coming years. It will enable enterprises to build transparent and secure business processes. Experts estimate annual savings of up to 20 billion dollars from this technology. This book will help you build financial apps using blockchain, guiding you through enhancing popular products and services in the banking and finance sector. The book starts by explaining the essential concepts of blockchain, and the impact of blockchain technology on the BFSI sector. Next, you'll delve into re-designing existing banking processes and building new financial apps using blockchain. To accomplish this, you'll work through eight blockchain projects. By demonstrating the entire process, the book helps you understand everything from setting up the environment and building frontend portals to system integration and testing apps. You will gain hands-on experience with the Ethereum, Hyperledger Fabric, and Stellar to develop private and public decentralized apps. Finally, you'll learn how to use ancillary platforms and frameworks such as IPFS, Truffle OpenZeppelin, and MetaMask. By the end of this blockchain book, you'll have an in-depth understanding of how to leverage distributed ledgers and smart contracts for financial use cases. What you will learnDesign and implement blockchain solutions in a BFSI organizationExplore common architectures and implementation models for enterprise blockchainDesign blockchain wallets for multi-purpose applications using EthereumBuild secure and fast decentralized trading ecosystems with BlockchainImplement smart contracts to build secure process workflows in Ethereum and Hyperledger FabricUse the Stellar platform to build KYC and AML-compliant remittance workflowsMap complex business workflows and automate backend processes in a blockchain architectureWho this book is for This book is for blockchain and Dapps developers, or anyone looking for a guide to building innovative and highly secure solutions in the fintech domain using real-world use cases. Developers working in financial enterprises and banks, and solution architects looking to build brand new process flows using blockchain technology will also find the book useful. Experience with Solidity programming and prior knowledge of finance and trade are required to get the most out of this book.

Cross-Industry Use of Blockchain Technology and Opportunities for the Future

Cross-Industry Use of Blockchain Technology and Opportunities for the Future PDF Author: Williams, Idongesit
Publisher: IGI Global
ISBN: 1799836347
Category : Computers
Languages : en
Pages : 228

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Book Description
Blockchain is a technology that transcends cryptocurrencies. There are other services in different sectors of the economy that can benefit from the trust and security that blockchains offer. For example, financial institutions are using blockchains for international money transfer, and in logistics, it has been used for supply chain management and tracking of goods. As more global companies and governments are experimenting and deploying blockchain solutions, it is necessary to compile knowledge on the best practices, strategies, and failures in order to create a better awareness of how blockchain could either support or add value to other services. Cross-Industry Use of Blockchain Technology and Opportunities for the Future provides emerging research highlighting the possibilities inherent in blockchain for different sectors of the economy and the added value blockchain can provide for the future of these different sectors. Featuring coverage on a broad range of topics such as data privacy, information sharing, and digital identity, this book is ideally designed for IT specialists, consultants, design engineers, cryptographers, service designers, researchers, academics, government officials, and industry professionals.

Applications of Block Chain technology and Artificial Intelligence

Applications of Block Chain technology and Artificial Intelligence PDF Author: Mohammad Irfan
Publisher: Springer Nature
ISBN: 3031473248
Category :
Languages : en
Pages : 304

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Book Description


Proceedings of the 8th International Conference on Financial Innovation and Economic Development (ICFIED 2023)

Proceedings of the 8th International Conference on Financial Innovation and Economic Development (ICFIED 2023) PDF Author: Yushi Jiang
Publisher: Springer Nature
ISBN: 9464631422
Category : Business & Economics
Languages : en
Pages : 838

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Book Description
This is an open access book.Financial globalization plays a huge role in promoting the development of the world economy and the optimal allocation of world resources, stimulates the accelerated development of the international division of labor, and increases the international flow of production factors such as industrial transfer, capital transfer, and technology transfer. It enables developing countries to make up for the lack of their own capital and technology, and obtain industrial evolution, technological progress, and institutional innovation, thereby accelerating the speed of economic development; it also enables developed countries to open up cheap labor, raw material markets and broad consumer markets, prolonging product value. More profits, ease the economy, the contradiction of stagflation, and restore economic growth. The 8th International Conference on Financial Innovation and Economic Development (ICFIED 2023) aims to accommodate this need, as well as to: 1. provide a platform for experts and scholars, engineers and technicians in the field of financial Innovation and economic development to share scientific research achievements and cutting-edge technologies 2. Understand academic development trends, broaden research ideas, strengthen academic research and discussion, and promote the industrialization cooperation of academic achievements 3. Promote the institutionalization and standardization of Financial Innovation and Economic Development through modern research 4. Increasing the number of scientific publications for financial Innovation and economic development

Applications of Blockchain Technology in Business

Applications of Blockchain Technology in Business PDF Author: Mohsen Attaran
Publisher: Springer Nature
ISBN: 3030277984
Category : Business & Economics
Languages : en
Pages : 116

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Book Description
The book discusses the various ways that blockchain technology is changing the future of money, transactions, government, and business. The first two chapters walk through the foundation of blockchain. Chapters 3–12 look at applications of blockchain in different industries and highlight its exciting new business applications. It show why so many companies are implementing blockchain, and present examples of companies who have successfully employed the technology to improve efficiencies and reduce costs. Chapter 13 highlights blockchain’s powerful potential to foster emerging markets and economies including smart cities, value-based healthcare, decentralized sharing economy, machine to machine transactions, data-sharing marketplace, etc. Chapter 14 offers a conceptual model, provides information and insights, and covers a step-by-step approach to plan and develop blockchain-based technology.

The Impact of Artificial Intelligence on Governance, Economics and Finance, Volume I

The Impact of Artificial Intelligence on Governance, Economics and Finance, Volume I PDF Author: Sezer Bozkuş Kahyaoğlu
Publisher: Springer Nature
ISBN: 981336811X
Category : Business & Economics
Languages : en
Pages : 328

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Book Description
The book discusses the effects of artificial intelligence in terms of economics and finance. In particular, the book focuses on the effects of the change in the structure of financial markets, institutions and central banks, along with digitalization analyzed based on fintech ecosystems. In addition to finance sectors, other sectors, such as health, logistics, and industry 4.0, all of which are undergoing an artificial intelligence induced rapid transformation, are addressed in this book. Readers will receive an understanding of an integrated approach towards the use of artificial intelligence across various industries and disciplines with a vision to address the strategic issues and priorities in the dynamic business environment in order to facilitate decision-making processes. Economists, board members of central banks, bankers, financial analysts, regulatory authorities, accounting and finance professionals, chief executive officers, chief audit officers and chief financial officers, chief financial officers, as well as business and management academic researchers, will benefit from reading this book.