Blockchain and Artificial Intelligence for Intelligent and Secure Financial Transactions: an Implementation Perspective with Python

Vasil Spasov
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Vasil Spasov: University of National and World Economy, Sofia, Bulgaria

Innovative Information Technologies for Economy Digitalization (IITED), 2025, issue 1, 37-41

Abstract: Traditional financial systems suffer from slow interbank transfers, high fees, and fraud risks, with their centralized architectures creating critical vulnerabilities. This study proposes an architecture for a decentralized, intelligent financial transaction system based on blockchain and artificial intelligence, demonstrating its practical implementation using Python. The goal is a system that significantly reduces transaction costs and enables automated fraud detection. Python is suitable for this purpose due to its rich ecosystem of libraries.

Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:nwe:iitfed:y:2024:i:1:p:37-41

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