TickerWin Launches Report on “How Blockchain Improves the Efficiency of AI and Machine Learning”
HONG KONG, CHINA / ACCESSWIRE / July 2, 2022 /TickerWin, one of the leading market research companies, has published a report on “How Blockchain Improves the Efficiency of AI and Machine Learning”. AI, Machine Learning and Blockchain technologies have strengthened all sectors.
The main goal of the financial sector has been to offer customer-centered solutions. User experience is a critical parameter, and for the new generation of customers, speed and easy access without compromising security are crucial. This generation abhors going to the bank, filling out documents, printing and signing them. The main goal will be to completely automate the financial processes and get rid of manual processes completely. They have enabled companies to process a huge amount of datasets and come to conclusions due to their ability to analyze real-time patterns, which helps with quick decisions. They improve efficiency while working efficiently. This has made various processes in banking time-saving and also cost-effective. New technologies increase employee productivity by 40 ~ 50% in many industries.
Blockchain is often used in connection with cryptocurrencies. However, the banking industry also implements it to improve workflow dynamics. Blockchain technology will provide a very secure transaction at both ends. This will be of great help in preventing fraud and helping with easy compliance with audits and regulatory requirements. With blockchain & defi transfers, payments and investments can be faster and error free. It is said that blockchain will affect the packaging sector with the highest intensity in the year 2022. Needless to say, blockchain and the security it provides is here to stay.
In TickerWin’s view, new technologies have reduced human standards and made transactions more secure, all for a better customer experience. By 2030, finance agencies will be able to reduce costs by 20 ~ 30% and save trillions. Many Fin-Tech companies are constantly researching the areas of artificial intelligence that will be useful to banks and their fraud detection processes, customer service, credit service and lending decisions.
In addition, the e-commerce market has grown significantly in the last two years; There is a great demand for hassle-free digital payment options. Therefore, a majority of e-shopping players have partnered with Fin-Tech companies to create custom gateways and portals to ensure that customers do not leave the site due to payment options. The smooth check-out process has become a crucial part of e-shopping sales, as methods for a fast and efficient payment process are essential to improve the conversion rate. According to a recent study, there is a 5% increase in the global payment flow across national borders. Due to e-shopping, international transactions offer a huge growth potential for even small businesses as most people expect simple and easy payment solutions.
About TickerWin
TickerWin offers market research reports on industry trends, especially in AI, Cloud Computing, AR / VR, Big Data, NFT, Cryptocurrency and DeFi. It gives customers real-time visibility, transparency and traceability by tracking the project’s database throughout the life cycle of a research project, all in one unchanging ledger with continuous insight.
Media contact
Company: TickerWin Marketing Research Ltd
Contact: Ronald Luo
Address: Room 12C, 22 / G, Sheung Wan Building, 345 Queen’s Road Central, HKSAR
Email: [email protected]
Website: https://www.TickerWin.com
SOURCE: TickerWin Marketing Research Ltd
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