OUR TECHNOLOGY
Everglory Group provides
innovative and disruptive financial solutions based on cutting-edge blockchain
and artificial intelligence (AI) technologies.
Financial loans can be approved
in a matter of seconds through AI-driven credit risk assessment.
The loan process is automated end-to-end with the execution of smart contracts on the blockchain.
Investors, borrowers, and auditors are assured of fairness with data integrity and transaction transparency,
while private data is protected with the highest level of security.
These are just a few of a vast number of Blockchain X AI use cases in the financial
industry that we support.
A blockchain is a cryptographically secure, distributed, immutable
ledger shared by all parties in a distributed network.
Transactions and smart contracts (automated contracts implemented by computer code)
are executed on the blockchain upon consensus among all parties.
There is no need for a single authoritative server, so the entire system can operate in a decentralized
"trustless"fashion.
Once executed, smart contracts cannot be tampered with,
and any attempts to do so will be detected and prevented with cryptographic certainty.
While transactions are transparent, thus auditable, data is encrypted,
and therefore kept private.
Ai, in a nutshell, is the ability of machines to demonstrate behaviors associated
with human intelligence, such as learning and problem solving.
With recent advances in computing power, large amounts of data,
and breakthroughs in machine learning models such as artificial neural networks and deep learning,
AI has seen explosive interest and applications across all industries,
from speech recognition of virtual assistants to
a self-learning Go software program defeating the game’s world champion.
AI is no longer a technology restricted to academics but available to anyone.
AI has become ubiquitous, affecting many aspects of our lives.
Blockchain and AI are two technological trends,
each ground-breaking in their own rig that have the potential
to become even more revolutionary when applied together.
They have a multiplying effect, catalyzing the pace of innovation
and disrupting every industry with paradigm shifts.
With blockchain and AI, we will take financial services to the next level.