A Comprehensive Study of Artificial Intelligence and Cybersecurity on Bitcoin, Crypto Currency and Banking System

Tamanna Choithani, Asmita Chowdhury, Shriya Patel, Poojan Patel, Daxal Patel and Manan Shah ()
Additional contact information
Tamanna Choithani: Indus University
Asmita Chowdhury: Indus University
Shriya Patel: Indus University
Poojan Patel: Nirma University
Daxal Patel: Nirma University
Manan Shah: Pandit Deendayal Energy University

Annals of Data Science, 2024, vol. 11, issue 1, No 5, 103-135

Abstract: Abstract In recent years cryptocurrencies are emerging as a prime digital currency as an important asset and financial system is also emerging as an important aspect. To reduce the risk of investment and to predict price, trend, portfolio construction, and fraud detection some Artificial Intelligence techniques are required. The Paper discusses recent research in the field of AI techniques for cryptocurrency and Bitcoin which is the most popular cryptocurrency. AI and ML techniques such as SVM, ANN, LSTM, GRU, and much other related research work with cryptocurrency and Bitcoin have been reviewed and most relevant studies are discussed in the paper. Also highlighted some possible research opportunities and areas for better efficiency of the results. Recently in the past few years, artificial intelligence (AI) and cybersecurity have advanced expeditiously. Its implementation has been extensively useful in finance as well as has a crucial impact on markets, institutions, and legislation. It is making the world a better place. AI is responsible for the simulation of machines that are replicas of human beings and are intelligent enough. AI in finance is changing the way we communicate with money. It helps the financial industry streamline and optimize processes from credit judgments to quantitative analysis marketing and economic risk management. The main goal of this research has been investigating certain impacts of artificial intelligence in this contemporary world. It's centered on the appeal of artificial intelligence, confrontation, chances, and its influence on professions and careers. The research paper uses AI to enable banks to generate financial resources and to provide valuable customer services. The application of the growing Indian banking sector is part of everyday life made up of several banks like RBI, SBI, HDFC, etc. and these banks have digitally implemented using chat-bots that have brought benefits to the customers.

Keywords: Artificial Intelligence; Cybersecurity; Banking (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s40745-022-00433-5 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:aodasc:v:11:y:2024:i:1:d:10.1007_s40745-022-00433-5

Ordering information: This journal article can be ordered from
https://www.springer ... gement/journal/40745

DOI: 10.1007/s40745-022-00433-5

Access Statistics for this article

Annals of Data Science is currently edited by Yong Shi

More articles in Annals of Data Science from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().