ABC Technology - Artificial Intelligence, Blockchain Technology, Cloud Technology for Banking Sector

Abstract

Banking sectors plays a critical role in modern society and enables a range of applications from infrastructure to social media. In this study, we discuss the current status and future directions as three emerging key technologies (Artificial Intelligence, Block chain, Cloud computing) will influence future need of banking sectors. Artificial intelligence in machines will replace to increase human capabilities. AI is the intelligent machine and software used to communicate with human for the purpose. Block chain provides data privacy and security.

Cloud computing is a new technology. It allows client to access their personal files using internet access and using without any application. It enables sharing of resources to reduce execution cost and increase availability of service. Finally, we proposed a conceptual model to explore the influence of emerging paradigms and technologies on evolution of banking sectors.

Keywords: Artificial Intelligence, Blockchain Technology, Cloud Technology, Banking Sector