Fintech 4.0: Artificial Intelligence empowered Block chain intelligence for smart Accounting Systems in industry 4.0

Fintech 4.0 integrates Artificial Intelligence (AI) with Blockchain technology to enhance smart accounting systems in Industry 4.0, ensuring transparency, automation, and security. Traditional accounting methods face challenges such as data manipulation, lack of real-time verification, and inefficiencies in auditing processes. To address these issues, the proposed Blockchain-assisted Decentralized Ledger System (BC-DLS) leverages AI-powered smart contracts and distributed ledgers for automated auditing, ensuring real-time validation and fraud detection. This method enhances accuracy, reduces human intervention, and streamlines financial transactions with enhanced security and compliance. The proposed approach ensures secure, immutable, and transparent financial records, minimizing discrepancies and improving trust in financial systems. Experimental results demonstrate that BC-DLS significantly enhances efficiency, reduces operational costs, and strengthens fraud prevention mechanisms, making it a robust solution for modern financial ecosystems.

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