How Blockchain Technology is providing a substitute to traditional investment banking systems.
In case of Investment Banking the essence of blockchains lies in decentralisation and automation. Automation can overcome human weaknesses, and greatly reduce the probability of errors in data collection, integration, and processing. It makes the community bank inherit the advantages of large investment banks in terms of information and talent resources, yet overcome any efficiency loss caused by excessive vertical and horizontal levels in the management of large institutions. Artificial intelligence has successfully replaced manpower in the management of different elements of the Internet, operating motor vehicles, visual identification and other areas, and will eventually be widely used in the financial field. For example, Banca use artificial intelligence and expert systems to achieve the dynamic and efficient automated management of information in the system.