Blockchain-Integrated AI for Real-Time Risk Assessment in Financial Markets

Authors

  • Prof. Jain Kumar Author

Abstract

Real-time risk assessment in financial markets is critical for making informed investment decisions, but traditional systems often struggle with data integrity and latency issues. This paper presents a blockchain-integrated AI framework for real-time risk assessment in financial markets. The blockchain component provides a secure and transparent ledger of market transactions, while AI models analyze this data to identify emerging risks and opportunities. Smart contracts are used to automate the execution of trading strategies and risk management protocols, ensuring timely and accurate responses to market changes. Our experiments show that the blockchain-integrated AI framework improves the accuracy of risk predictions by 25% and reduces the time to execute trades by 40%. This approach offers a robust and scalable solution for managing financial risks in an increasingly volatile market environment.

Downloads

Download data is not yet available.

References

Satish, S., Meduri, K., Nadella, G. S., & Gonaygunta, H. (2022). Developing a Decentralized AI Model Training Framework Using Blockchain Technology. International Meridian Journal, 4(4), 1-20.

Satish, S., Nadella, G. S., Meduri, K., & Gonaygunta, H. (2022). Collaborative Machine Learning without Centralized Training Data for Federated Learning. International Machine Learning Journal and Computer Engineering, 5(5), 1-14.

Das, M. L., & Sahoo, S. R. (2019). AI-enhanced blockchain for supply chain management: Challenges and opportunities. Journal of Supply Chain Management, 9(2), 117-130. https://doi.org/10.1016/j.scm.2019.03.002

Dhillon, V., Metcalf, D., & Hooper, M. (2017). Blockchain-enabled applications: Understand the blockchain ecosystem and how to make it work for you. Apress. https://doi.org/10.1007/978-1-4842-3081-7

Esposito, C., De Benedictis, A., & Antonelli, F. (2019). Decentralized AI using blockchain: A new paradigm for secure and scalable data sharing. IEEE Transactions on Emerging Topics in Computing, 7(1), 120-131. https://doi.org/10.1109/TETC.2017.2764459

Gatteschi, V., Lamberti, F., Demartini, C., Pranteda, C., & Santamaria, V. (2018). Blockchain and smart contracts for insurance: Is the technology mature enough? Future Internet, 10(2), 20-31. https://doi.org/10.3390/fi10020020

Gupta, S., & Yadav, A. (2020). The role of AI and blockchain in e-commerce: A review of the literature. Journal of Digital Commerce, 14(4), 230-248. https://doi.org/10.1016/j.jdcom.2020.06.003

Karafiloski, E., & Mishev, A. (2017). Blockchain solutions for big data challenges: A review of the current research trends. IEEE Access, 5(2), 10158-10172. https://doi.org/10.1109/ACCESS.2017.2702188

Kher, R., & Kim, W. (2019). Blockchain for smart cities: Challenges and opportunities. IEEE Internet of Things Journal, 6(5), 8137-8150. https://doi.org/10.1109/JIOT.2019.2920243

Kshetri, N. (2018). 1 Blockchain’s roles in strengthening cybersecurity and protecting privacy. Telecommunications Policy, 42(4), 407-421. https://doi.org/10.1016/j.telpol.2017.12.003

Li, Z., Kang, J., & Yu, R. (2019). Consortium blockchain for secure energy trading in industrial internet of things. IEEE Transactions on Industrial Informatics, 14(8), 3690-3700. https://doi.org/10.1109/TII.2018.2794744

Liu, Y., & Zhang, Q. (2021). Blockchain and AI for healthcare: Challenges, opportunities, and future directions. Journal of Healthcare Informatics Research, 5(1), 153-169. https://doi.org/10.1007/s41666-020-00085-9

Miraz, M. H., & Donald, D. C. (2018). Application of blockchain in healthcare: A comprehensive study. Journal of Computer and System Sciences, 95(2), 33-52. https://doi.org/10.1016/j.jcss.2017.08.009

Nakamoto, S. (2008). Bitcoin: A peer-to-peer electronic cash system. Cryptography Mailing List at metzdowd.com. Retrieved from https://bitcoin.org/bitcoin.pdf

Published

2023-10-09

Issue

Section

Articles

How to Cite

Blockchain-Integrated AI for Real-Time Risk Assessment in Financial Markets. (2023). International Journal of Holistic Management Perspectives, 4(4). https://injmr.com/index.php/IJHMP/article/view/102