Digital Trust and Transparency in Fintech: How AI and Blockchain Have Reshaped Consumer Confidence and Institutional Compliance

Abstract

“I trust you cannot have a Blockchain solution without a finger in the data pie…” –. FinTech (Financial Technology) and Blockchain are prevalent topics among technology leaders in the financial industry today. What is the impact and where is the revolution of FinTech and Blockchain over traditional, previous efforts in the financial industry? What are the main characteristics of such technology being developed in the finance industry alongside Blockchain technologies? ACI transactions on the internet, 1-1-1. It is observed that Blockchain technology development is growing to meet the huge demand for such technology within the financial industry. ACI found proof of the three main critical challenges in the development of Blockchain technology for the financial sector. Furthermore, it discusses the main ethical issues in using such technology as seen by interviewed experts in the financial industry. How financial services should respond to this new technology is suggested based on the expert opinions provided. The impact of Blockchain in meeting the strategic objectives of financial organizations is discussed. advice, and (4) how to manage knowledge sharing in a more structured way within organizations and across the financial industry landscape. This article also offers interested parties an opportunity to read and understand the comments and expectations of the expert stakeholders in the financial sector of such technology and provides some recommendations. A recent FinTech innovation that has come to prominence is the marketplace lending model. This form of peer-to-peer, credit-enabled crowdfunding threatens to disrupt some traditional approaches to entrepreneurial finance, potentially diminishing the impact of such financial dynamism on promoting technological innovation in startups and SMEs.