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Singapore’s Fintech Revolution: Blockchain-Powered Cross-Border Settlements and AI-Enhanced Trading Ecosystems (2020-2023)

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  • Du, Yudai

Abstract

This paper investigates the integration of artificial intelligence (AI) into trading ecosystems from 2020 to 2023. It outlines the historical progression of AI applications in financial markets, emphasizing the transition from rule-based algorithms to data-driven machine learning models. The analysis covers AI-driven innovations in biometric identity verification, predictive analytics, and personalized trading systems. The economic contributions of AI are quantified using institutional estimates, with a focus on regional implementation strategies. Regulatory structures, particularly in Singapore, are examined in the context of their role in enabling AI adoption while ensuring compliance. Challenges including data governance, ethical constraints, regulatory inconsistencies, and technical limitations in blockchain infrastructure are analyzed. The discussion also highlights the impact of expertise shortages and the critical need for government-industry collaboration in fintech development.

Suggested Citation

  • Du, Yudai, 2025. "Singapore’s Fintech Revolution: Blockchain-Powered Cross-Border Settlements and AI-Enhanced Trading Ecosystems (2020-2023)," OSF Preprints fhg3z_v1, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:fhg3z_v1
    DOI: 10.31219/osf.io/fhg3z_v1
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    References listed on IDEAS

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    1. Yanling Chang & Eleftherios Iakovou & Weidong Shi4, 2019. "Blockchain in Global Supply Chains and Cross Border Trade: A Critical Synthesis of the State-of-the-Art, Challenges and Opportunities," Papers 1901.02715, arXiv.org.
    2. Daniel Levis & Francesco Fontana & Elisa Ughetto, 2021. "A look into the future of blockchain technology," PLOS ONE, Public Library of Science, vol. 16(11), pages 1-20, November.
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    Cited by:

    1. Ran, Ling, 2025. "Blockchain-Integrated AI Strategies for Cross-Border High-Frequency Trading: Optimizing Liquidity and Reducing Transaction Costs," OSF Preprints knz94_v1, Center for Open Science.
    2. Baston, George, 2025. "Blockchain and AI in Global Finance: A Case Study of Cross-Border Payments in 2024 Asia," OSF Preprints te83v_v1, Center for Open Science.
    3. Xu, Lei, 2025. "Urban Resilience and Technological Integration: A Case Study on Post-Pandemic Recovery in New York City (2024)," OSF Preprints 7nqgs_v1, Center for Open Science.

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