AI in DeFi
Swati Sharma, Jugal Kishor, Preeti Bhaskar, Rui Dias · Advances in finance, accounting, and economics book series · 2024
Over the past few years, the crypto industry has encountered various obstacles, including regulatory obstacles, unsuccessful exchanges, and projects that have collapsed. These challenges have paved the way for groundbreaking solutions that are revolutionising the realm of decentralised finance (DeFi). An emerging solution with immense potential is the incorporation of artificial intelligence (AI) into financial ecosystems. The integration of DeFi and AI presents a transformative collaboration that has the potential to revolutionise the industry, enhance its adaptability, and establish a solid groundwork for long-term sustainability. AI and DeFi have emerged as significant technological advancements in recent years, garnering widespread attention and adoption. Incorporating AI into DeFi offers a range of advantages, including automated decision-making, more accurate risk assessment, and enhanced user experiences. These benefits contribute to the continuous development of DeFi.