Smart Contracts and Blockchain: Integrating AI and IoT for Transparent Banking Transactions

this is a potentially game-changing development that could come from fusing blockchain technology with IoT and artificial intelligence (AI) to improve the efficiency of smart contracts in the banking industry. We can greatly increase the transparency, security, and efficiency of banking transactions by utilizing the decentralized and rigid nature of blockchain technology, real-time data from Internet of Things (IoT) devices, and artificial intelligence's (AI) intelligent decision-making capabilities. These three things working together make this possible. This paper examines the methods by which these technologies can facilitate operational simplification, fraud reduction, and stakeholder confidence building. The research specifically focused on how these technologies are used. We have out a thorough analysis of numerous fabrics and case studies to highlight the synergistic advantages of this integration. This helps pave the way for it by making a more open and responsible financial environment feasible. By addressing the challenges that are now being encountered and identifying the unspoken pathways that will lead to the deployment of these cutting-edge technologies in the banking institution, this investigation seeks to shed light on the future of financial transactions. We shall conduct this research too.