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Revolutionizing Financial Services With AI and Blockchain Pioneering Innovations for a Digital Future
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Author(s): Ganesan Alias Kanagaraj M. (Saveetha Engineering College, India), Ramar Veluchamy (Saveetha Engineering College, India), V. Vimalnath (Saveetha Engineering College, India)and K. K. Karthick (Saveetha Engineering College, India)
Copyright: 2026
Pages: 32
Source title:
Emerging Trends and Innovations in Financial Services: A Futurology Perspective
Source Author(s)/Editor(s): Muhammad Ali (Taylor's University, Malaysia), Syed Ali Raza (Iqra University, Pakistan)and Chin-Hong Puah (Universiti Malaysia Sarawak, Malaysia)
DOI: 10.4018/979-8-3693-7160-2.ch010
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Abstract
The integration of Artificial Intelligence (AI) and Blockchain technology is transforming the financial services sector, ushering in a new era of digital innovation. This chapter explores how these pioneering technologies are redefining traditional financial systems, enhancing security, efficiency, and transparency. AI's capabilities in predictive analytics and decision-making, combined with Blockchain's decentralized and immutable ledger, present unprecedented opportunities for financial institutions to optimize operations and create novel business models. We delve into practical applications such as smart contracts, fraud detection, and personalized financial services, showcasing real-world case studies and future trends. This comprehensive analysis provides insights into the challenges and potential of AI and Blockchain, highlighting the strategic imperatives for stakeholders aiming to thrive in a rapidly evolving digital landscape.
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