Published Paper Details:

The convergence of Artificial Intelligence (AI) and blockchain presents a revolutionary development with significant implications across multiple sectors, especially finance. Blockchain technology's inherent security features, such as encryption and hashing, are crucial for safeguarding sensitive financial information and ensuring secure transactions. AI algorithms can analyze extensive blockchain datasets to detect and classify fraudulent activities, monitor trends, and identify undetected financial gains by observing client account activities and transaction patterns. The synergy of AI and blockchain not only enhances application security but also improves efficiency, cost-effectiveness, and speed, fostering deeper insights and innovation in financial operations. This technological advancement leads to new models of cooperation and interconnectedness, creating a more fluid society. The combination of AI with other technologies promises increased effectiveness and new growth opportunities, though it also introduces challenges requiring strict oversight for sustainable development. The concept of merging Artificial Intelligence and blockchain is an occurrence and quite possibly revolutionary in several sectors, notably in the finance sector. Blockchain technology contains profoundly ingrained built-in protection components, such as encryption, and hashing, in which they are the essential components in making secure sensitive financial information, so no chances of one single fraudulent transaction, all the owned financial transactions are to be accomplished in the way of high safety, between the sender, wallet, and, ledger and other nodes. AI algorithms will be able to browse a vast number of chain data sets to go guerrilla warfare on the fraud, classify fraudulent trading methods, check gambling trends, and monitor current undetected financial learn and profits by observing client account activities and transaction patterns. When AI & blockchain are brought together, they not only secure applications, but also make them even more uncomplicated, economical & faster, with benign dispositions of the finance & classifications, promoting more insightful and unexplored conversations in the implication & operation of the banks.