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January 1, 2024· Apress eBooks
book-chapter

AI and Cryptocurrencies in Remittances

Authors:Hari Prasad Josyula *

Abstract

Artificial intelligence (AI) is essential for streamlining remittance operations in a number of ways. To estimate transaction flows and optimise currency exchanges, AI-powered prediction models examine past transaction data, user behaviour and market trends. Users may send money across borders more quickly and affordably thanks to this predictive capacity, which also helps to lower transaction costs and improve the effectiveness of remittance services.

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