Blockchain-Powered Data Science: Enhancing Security and Transparency in Decentralized Finance

EasyChair Preprint 15382

Abstract

Blockchain technology has emerged as a foundational element of decentralized finance (DeFi), with applications that transform data science practices, particularly in securing and enhancing transparency in financial transactions. This paper investigates how blockchain integrates with data science to create resilient and transparent financial ecosystems. The research explores blockchain’s potential in overcoming traditional financial system limitations, focusing on privacy preservation, security, fraud prevention, and trustless transactions. By analyzing recent advancements, this study discusses blockchain-enabled data science frameworks and provides insights into their implementation for DeFi platforms. Empirical data highlights the technology’s efficacy in real-world applications, underscoring its value in contemporary finance.

Keyphrases: Blockchain, Data Science, Decentralized Finance, Financial Ecosystems, Fraud Prevention, Privacy, Security, transparency

@booklet{EasyChair:15382,
  author    = {Sophia Müller},
  title     = {Blockchain-Powered Data Science: Enhancing Security and Transparency in Decentralized Finance},
  howpublished = {EasyChair Preprint 15382},
  year      = {EasyChair, 2024}}