The intersection of artificial intelligence (AI) and blockchain technology is transforming business models across various industries, unlocking new opportunities for innovation and growth. From financial services to real estate, AI is reshaping traditional practices, enabling businesses to offer new services and streamline operations. In tandem, blockchain’s ability to ensure data transparency, security, and scalability makes it a vital partner in the evolution of AI.
One of the most significant impacts of AI in the financial sector is its ability to provide financial services to underserved populations. Traditional banking systems often rely on factors like credit scores and IDs to determine eligibility for loans or accounts. However, many individuals, especially in developing regions, lack access to these credentials, leaving them excluded from the financial system. AI is bridging this gap by offering innovative solutions that allow financial institutions to assess the creditworthiness of individuals …