Studies in systems, decision and control, Journal Year: 2024, Volume and Issue: unknown, P. 303 - 313
Published: Jan. 1, 2024
Language: Английский
GSC Advanced Research and Reviews, Journal Year: 2024, Volume and Issue: 19(2), P. 130 - 142
Published: May 12, 2024
Artificial Intelligence (AI) is revolutionizing the financial services industry, offering unparalleled opportunities for efficiency, innovation, and personalized services. However, along with its benefits, AI in raises significant legal ethical concerns. This paper explores accountability considerations surrounding use of services, aiming to provide insights into how these challenges can be addressed. The revolves around allocation responsibility AI-related decisions actions. As systems become more autonomous, questions arise about who should held liable errors, misconduct, or regulatory violations. examines existing frameworks, such as data protection laws, consumer regulations, liability assesses their adequacy addressing issues. Ethical implementation are paramount, impact individuals' well-being access Issues algorithmic bias, transparency, fairness critical ensuring practices. discusses importance guidelines frameworks development deployment emphasizing need accountability, fairness. also role bodies industry standards associated It proposes recommendations policymakers, regulators, stakeholders promote responsible practices, including clear guidelines, enhanced transparency measures, mechanisms accountability. Overall, this highlights complex interplay between AI, industry. By challenges, harness full potential while that it deployed a manner, benefiting both businesses consumers.
Language: Английский
Citations
38
GSC Advanced Research and Reviews, Journal Year: 2024, Volume and Issue: 19(2), P. 116 - 129
Published: May 12, 2024
Decentralized Finance (DeFi) has emerged as a disruptive force in the financial industry, offering innovative solutions such smart contracts, decentralized exchanges, and lending protocols. However, regulatory landscape for DeFi remains uncertain fragmented, posing challenges opportunities its development adoption. This abstract provides an overview of frameworks DeFi, highlighting key opportunities. The is complex varies significantly across jurisdictions. While some countries have embraced blockchain technology, others adopted cautious approach, citing concerns money laundering, consumer protection, stability. lack harmonized framework created uncertainty projects users, hindering mainstream One facing clarity regarding compliance. often operate borderless manner, making it difficult to determine which regulations apply. ambiguity led scrutiny enforcement actions cases, need clear comprehensive guidelines. Despite these challenges, there are also significant thrive within regulated framework. Regulatory can provide legitimacy credibility attracting institutional investors users. Moreover, help protect consumers ensure integrity protocols, fostering trust confidence ecosystem. To address leverage opportunities, stakeholders ecosystem, including regulators, policymakers, developers, must collaborate develop balanced should prioritize innovation while addressing related security, privacy, By working together, industry navigate unlock full potential finance global inclusion economic empowerment.
Language: Английский
Citations
35
Magna Scientia Advanced Research and Reviews, Journal Year: 2024, Volume and Issue: 11(1), P. 068 - 083
Published: May 12, 2024
The rise of cryptocurrencies has presented new challenges for regulators around the world, particularly in terms enforcement across international borders. This abstract explores jurisdictional faced by authorities enforcing cryptocurrency laws and proposes collaborative solutions to address these challenges. Cryptocurrencies operate on a decentralized network, making them difficult regulate within traditional legal frameworks. Jurisdictional issues arise when transaction involves parties different countries, as it is often unclear which jurisdiction's apply. ambiguity can lead regulatory gaps challenges, allowing illicit activities such money laundering terrorism financing flourish. To are needed. International cooperation between regulators, law agencies, industry stakeholders essential ensure effective laws. take various forms, including information sharing, joint investigations, development common standards. One example successful collaboration Financial Action Task Force (FATF), an intergovernmental organization that sets standards combating financing. FATF's guidance virtual assets asset service providers helped clarify expectations promote consistency efforts jurisdictions. Another Joint Chiefs Global Tax Enforcement (J5), coalition tax from five countries work together combat evasion. J5's focus cryptocurrency-related crimes highlights importance cross-border tackling activities. In conclusion, while remain significant hurdle laws, offer path forward. By working together, benefits realized mitigating their risks.
Language: Английский
Citations
31
International Journal of Science and Research Archive, Journal Year: 2024, Volume and Issue: 12(1), P. 533 - 548
Published: May 14, 2024
Cybersecurity is a critical concern for financial institutions worldwide, given the increasing frequency and sophistication of cyberattacks. This paper conducts comparative analysis global standards regulations governing cybersecurity compliance in institutions. By examining regulatory frameworks key jurisdictions, including United States, European Union, Asia-Pacific countries, this study aims to identify common trends, differences, best practices compliance. The begins by outlining landscape institutions, highlighting objectives principles underlying these regulations. It then compares different regions, focusing on areas such as data protection, incident response, risk management. specific requirements guidelines set forth each jurisdiction, identifies strengths weaknesses current offers recommendations enhancing resilience. One findings convergence standards, driven interconnected nature sector need harmonized approaches. While differences still exist, particularly protection breach notification, there growing recognition international cooperation information sharing combat cyber threats effectively. also highlights challenges faced achieving compliance, resource constraints, evolving threats, complexity requirements. underscores importance implementing robust measures, encryption, multi-factor authentication, regular security audits, mitigate challenges. In conclusion, provides valuable insights into identifying trends practices, assist policymakers, regulators, their posture effectively addressing threat landscape.
Language: Английский
Citations
28
International Journal of Science and Research Archive, Journal Year: 2024, Volume and Issue: 12(1), P. 520 - 532
Published: May 14, 2024
Enhancing consumer protection in cryptocurrency transactions presents a critical challenge due to the decentralized and often opaque nature of market. This abstract explores legal frameworks mechanisms aimed at safeguarding consumers engaging transactions, focusing on key issues, challenges, recommendations for improvement. Consumer is pressing concern prevalence fraud, hacking, market manipulation. The lack regulatory oversight pseudonymous make it challenging seek recourse cases fraud or misconduct. To address these have been developed both national international levels. At level, some countries implemented laws that apply such as requiring exchanges comply with anti-money laundering (AML) know-your-customer (KYC) regulations. However, effectiveness limited by global difficulty enforcing regulations across borders. Internationally, organizations like Financial Action Task Force (FATF) issued guidelines combat money terrorist financing sector. These recommend implement AML KYC measures wallet providers. While are step right direction, implementation remains challenge, particularly capacity political will. enhance several can be considered. include increased collaboration between regulators industry stakeholders, development standards cryptocurrencies, establishment framework balances innovation investor protection. Additionally, education awareness campaigns help individuals informed decisions when transactions. In conclusion, enhancing requires multi-faceted approach addresses gaps, promotes cooperation, empowers through awareness. By implementing recommendations, policymakers stakeholders work together create safer more transparent
Language: Английский
Citations
26
Engineering Science & Technology Journal, Journal Year: 2024, Volume and Issue: 5(5), P. 1678 - 1694
Published: May 13, 2024
The review explores the pivotal role of sustainable nanomaterials in promoting green supply chains and advancing environmental sustainability. Nanotechnology has emerged as a promising field for developing innovative materials with enhanced properties reduced impacts. Sustainable nanomaterials, characterized by their eco-friendly synthesis methods, biodegradability, low toxicity, offer transformative opportunities enhancing sustainability across diverse industries. This examines potential applications chains, encompassing areas such renewable energy, water purification, waste management, packaging. By leveraging unique high surface area-to-volume ratio, catalytic activity, tunable properties, businesses can develop solutions to address pressing challenges. Case studies examples highlight successful integration into chain practices, showcasing ability reduce resource consumption, minimize generation, mitigate also discusses challenges considerations associated adoption including regulatory compliance, risk assessment, ethical considerations. Strategies responsible nanotechnology practices fostering collaboration among stakeholders are proposed, emphasizing importance interdisciplinary approaches stakeholder engagement achieving goals. In conclusion, holds immense driving sustainability, innovation, long-term prosperity. Keywords: Nanomaterials, Green Supply Chains, Environmental Sustainability, Circular Economy, Nanotechnology, Chain Optimization
Language: Английский
Citations
24
Engineering Science & Technology Journal, Journal Year: 2024, Volume and Issue: 5(5), P. 1695 - 1710
Published: May 13, 2024
Nanotechnology has emerged as a promising frontier in the quest for sustainable energy solutions, offering transformative opportunities to address pressing challenges renewable generation, storage, and conversion. This review explores potential of nanotechnology advancing encompassing wide range applications spanning solar energy, wind fuel cells. By leveraging unique properties nanomaterials, such high surface area-to-volume ratio, tunable optical electronic properties, enhanced catalytic activity, researchers engineers can develop innovative materials devices with unprecedented performance efficiency. Nanotechnology-enabled advancements photovoltaics include development next-generation cells incorporating nanostructured materials, quantum dots, nanowires, perovskite-based cells, enhance light absorption, charge transport, overall power conversion In realm nanomaterials hold promise improving longevity batteries, supercapacitors, other storage through electrode electrolytes, architectures. Furthermore, nanotechnology-driven innovations lightweight durable nanocomposite turbine blades, cell technologies, including catalyst nanoparticles efficient hydrogen production conversion, exemplify diverse energy. Through comprehensive analysis recent research efforts, this abstract underscores critical role accelerating transition future. Keywords: Nanotechnology, Renewable Energy, Solar Wind Energy Storage, Nanomaterials.
Language: Английский
Citations
23
Finance & Accounting Research Journal, Journal Year: 2024, Volume and Issue: 6(5), P. 747 - 762
Published: May 12, 2024
The concept of circular economy has gained significant traction in recent years as a holistic approach to sustainable development and resource management. This review explores the principles their integration into global supply chain strategies. transition from linear 'take-make-dispose' model focused on recovery, reuse, regeneration is driving paradigm shift how businesses operate manage chains. Key economy, including designing out waste pollution, keeping products materials use, regenerating natural systems, are examined context Strategies for implementing across various stages chain, product design manufacturing distribution, consumption, end-of-life management, discussed. highlights benefits adopting strategies, reduced reduction, cost savings, enhanced resilience external shocks. Case studies examples diverse industries illustrate successful implementation demonstrating tangible environmental, social, economic benefits. Challenges barriers adoption chains also addressed, regulatory hurdles, technological limitations, cultural barriers. overcoming these challenges promoting mindset among stakeholders explored, emphasizing importance collaboration, innovation, cross-sector partnerships. strategies offers opportunities growth, resilience, value creation. By embracing circularity, can unlock new sources competitive advantage while contributing towards more regenerative economy. Keywords: Circular Economy, Supply Chain, Sustainability, Integration, Challenges, Opportunities.
Language: Английский
Citations
21
Engineering Science & Technology Journal, Journal Year: 2024, Volume and Issue: 5(2), P. 313 - 337
Published: Feb. 7, 2024
In an era where technological advancements are reshaping the landscape of resource management, this paper delves into transformative role predictive analytics in exploration and management geological resources United States. The study's backdrop is set against burgeoning need for innovative approaches exploration, driven by environmental, economic, imperatives. primary aim comprehensive review to dissect multifaceted contributions enhancing efficiency, accuracy sustainability exploration. scope encompasses a detailed examination integration focusing on its economic benefits, environmental implications adherence legal ethical standards. Methodologically, study employs qualitative analysis existing literature case studies, juxtaposing traditional methods with modern analytic techniques. It further investigates impact implementation, models identifying new strategic sustainable management. findings reveal that significantly enhances risk assessment, identification, underscores cost-effectiveness efficiency analytics, while highlight integrated approach Conclusively, recommends policy reforms regulatory frameworks align ensure prosperous advocates embracing advanced tools navigate complexities ensuring balance between viability sustainability. Keywords: Predictive Analytics, Geological Exploration, Resource Management, Sustainability, Technological Advancements, Policy Reforms.
Language: Английский
Citations
17
Computer Science & IT Research Journal, Journal Year: 2024, Volume and Issue: 5(5), P. 1145 - 1177
Published: May 13, 2024
This study investigates the pivotal role of cybersecurity in bolstering environmental protection and sustainable development, a critical yet underexplored nexus contemporary research. Employing systematic literature review content analysis, research scrutinizes peer-reviewed articles, conference proceedings, industry reports from 2015 to 2023, sourced databases such as IEEE Xplore, ScienceDirect, Google Scholar. The methodology is anchored rigorous search strategy, leveraging keywords related cybersecurity, sustainability, communication technologies, adheres defined inclusion exclusion criteria ensure relevance quality reviewed. Key findings highlight an indispensable enabler development initiatives, safeguarding technological infrastructure essential for conservation efforts. identifies evolving cyber threats significant challenge, necessitating adaptive security measures that anticipate mitigate potential vulnerabilities. Furthermore, it underscores opportunities presented by advanced artificial intelligence blockchain, enhancing efficiency practices. Strategic recommendations emphasize need comprehensive frameworks, stakeholder collaboration, education, alignment with regulatory standards fortify resilience sustainability initiatives against threats. concludes integrating robust paramount pursuit goals, calling ongoing vigilance, innovation, interdisciplinary collaboration navigate complex landscape digital opportunities. contributes valuable insights into intersection offering foundation future studies strategic aimed at securing age. Keywords: Cybersecurity, Sustainable Development, Environmental Protection, Advanced Security Technologies.
Language: Английский
Citations
16