Artificial Intelligence and Blockchain and the Growth of the FinTech Industry

This chapter explores the transformative impact of AI and blockchain on the FinTech industry, highlighting their roles in enhancing efficiency, security, and customer experience. AI's ability to analyze vast datasets in real time enables personalized services, optimized risk management, and streamlined operations, while blockchain's secure, transparent ledger fosters trust and innovation. The integration of these technologies is reshaping sectors like banking, insurance, and investment management, promoting financial inclusion and economic growth. However, challenges such as data privacy, regulatory compliance, and job displacement require careful management. The chapter also offers recommendations for stakeholders to leverage AI and blockchain effectively, ensuring sustained growth and a more inclusive financial ecosystem.