Applications of Artificial Intelligence and Blockchain Technology in Improved Supply Chain Financial Risk Management

Abstract

With greater frequency and granularity than ever before, artificial intelligence (AI) and blockchain technology can help businesses achieve next-level performance in the supply chain. Blockchain can reliably construct the framework for recording data across endpoints, whereas AI can assist in data matching. This study investigates how to apply blockchain technology and artificial intelligence together in supply chains to push the boundaries of operational effectiveness, promote sustainable growth, and monetize data. This study has examined how blockchain can be used to track financial operations in the supply chain and also aims to determine how artificial intelligence contributes to supply chain management. The study’s anticipated results will increase knowledge of blockchain technology and artificial intelligence in supply chain risk management and encourage practitioners and researchers to think about using these technologies in future context-aware research.