Part 4/7:
A key area of intersection is workflow management. Many organizations utilize AI-driven workflows to process and analyze data efficiently. Incorporating blockchain ensures that data underpinning these workflows remains secure, unaltered, and auditable.
Practical Applications: Financial Services and Settlement Operations
One prominent example of this convergence is in settlement operations within investment banks. Settlement processes involve extensive data handling, regulatory compliance, and confidentiality concerns. Traditional systems sometimes struggle to manage this data flow effectively.