Odaily Planet Daily News The Bank for International Settlements (BIS) has launched an initiative calling for sustainable financial solutions using blockchain, artificial intelligence and the Internet of Things.
The initiative outlines three key issues it aims to address, including the application of artificial intelligence to enhance reporting, verification and disclosure mechanisms in the financial services industry; the use of blockchain technology in auditing and enhancing transparency, traceability and accountability in sustainable finance potential; encouraging the integration of IoT and sensor technologies into sustainable finance to ensure informed assessments of impact, risk or compliance. (The Block)