The Benefits of Combining AI and Blockchain in Enhancing Decision-Making in Banking Industry
Identifikátory výsledku
Kód výsledku v IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F75081431%3A_____%2F24%3A00002717" target="_blank" >RIV/75081431:_____/24:00002717 - isvavai.cz</a>
Výsledek na webu
<a href="https://link-springer-com.ezproxy.techlib.cz/chapter/10.1007/978-3-031-35751-0_22" target="_blank" >https://link-springer-com.ezproxy.techlib.cz/chapter/10.1007/978-3-031-35751-0_22</a>
DOI - Digital Object Identifier
—
Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
The Benefits of Combining AI and Blockchain in Enhancing Decision-Making in Banking Industry
Popis výsledku v původním jazyce
Artificial intelligence (AI) and blockchain technologies are revolutionizing the banking industry and impacting how banks operate. Not only do these technologies help increase the speed of transactions and reduce security risks, but they can also help financial institutions develop blockchain smart contracts that further enhance digital transactions. AI and blockchain are innovative technologies that pave the way for digital transformation and that will bring about disruptive changes in various industries. Technological innovations such as robotics, cloud technology, and the mobile economy have asserted themselves very quickly in recent years through evolution such as social media and digital identities and have become an important part of the commercial and social economy. The combination of artificial intelligence and blockchain creates what is perhaps the most reliable technology-enabled decision-making system in the world, one that is virtually tamper-proof and delivers robust insights and decisions. This technology enables the exchange of digital information without external users or intermediaries. Utilizing decentralization through blockchain makes digital transactions more secure. Moreover, combining AI and blockchain can contribute to improving cyber security, streamlining financial operations, improving marketing, providing better health care, etc.
Název v anglickém jazyce
The Benefits of Combining AI and Blockchain in Enhancing Decision-Making in Banking Industry
Popis výsledku anglicky
Artificial intelligence (AI) and blockchain technologies are revolutionizing the banking industry and impacting how banks operate. Not only do these technologies help increase the speed of transactions and reduce security risks, but they can also help financial institutions develop blockchain smart contracts that further enhance digital transactions. AI and blockchain are innovative technologies that pave the way for digital transformation and that will bring about disruptive changes in various industries. Technological innovations such as robotics, cloud technology, and the mobile economy have asserted themselves very quickly in recent years through evolution such as social media and digital identities and have become an important part of the commercial and social economy. The combination of artificial intelligence and blockchain creates what is perhaps the most reliable technology-enabled decision-making system in the world, one that is virtually tamper-proof and delivers robust insights and decisions. This technology enables the exchange of digital information without external users or intermediaries. Utilizing decentralization through blockchain makes digital transactions more secure. Moreover, combining AI and blockchain can contribute to improving cyber security, streamlining financial operations, improving marketing, providing better health care, etc.
Klasifikace
Druh
C - Kapitola v odborné knize
CEP obor
—
OECD FORD obor
50200 - Economics and Business
Návaznosti výsledku
Projekt
—
Návaznosti
V - Vyzkumna aktivita podporovana z jinych verejnych zdroju
Ostatní
Rok uplatnění
2024
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název knihy nebo sborníku
Integrating Blockchain and Artificial Intelligence for Industry 4.0 Innovations
ISBN
9783031357503
Počet stran výsledku
22
Strana od-do
305-326
Počet stran knihy
329
Název nakladatele
Springer Cham
Místo vydání
Neuveden
Kód UT WoS kapitoly
—