Part 2/7:
In banking and financial services, blockchain is instrumental in aggregating data from multiple sources onto a single, unified platform. As data scales up, analyzing it manually becomes impractical. Blockchain ensures data integrity and traceability, making it easier to verify and audit transactions across complex networks.
AI: Making Sense of Big Data
Artificial Intelligence complements blockchain by addressing its limitations in data analysis. With the exponential increase in data volume, AI tools facilitate the processing, management, and analysis of vast datasets—tasks that would be overwhelming for humans alone.