Page 134 - "Green Investments and financial technologies: opportunities and challenges for Uzbekistan" International Scientific and Practical Conference

“Yashil investitsiyalar va moliyaviy texnologiyalar: O‘zbekiston uchun imkoniyatlar va muammolar” mavzusida xalqaro
ilmiy-amaliy anjuman materiallari to‘plami (Toshkent, JIDU, 2025-yil 7-may)

economy, the ability to adapt, innovate, and strategically implement technology will
determine who thrives in the financial sector of tomorrow.

Ultimately, digital transformation is not about replacing humans with
machines—it's about enhancing human potential, enabling smarter decisions, and
creating a banking experience that’s faster, more secure, and deeply customer-
centric.
References

1. Khatun Munira, M. S. (2025). Digital Transformation in Banking: A
Systematic Review of Trends, Technologies, and Challenges. Science,
Technology and Development, 13(11), 78–95.
This study systematically reviews the transformative impact of digital
transformation in the banking sector, focusing on trends, technologies, and
challenges that shape modern financial institutions.

2. Fares, I. B., & Lee, S. H. M. (2022). Utilization of Artificial Intelligence in
the Banking Sector: A Systematic Review. Journal of Financial Services
Marketing, 27(3), 123–138.
This study provides a holistic and systematic review of the literature on the
utilization of artificial intelligence (AI) in the banking sector since 2005.

3. Hanelt, A., Bohnsack, R., Marz, D., & Antunes Marante, C. (2021).
Digital Transformation and the Emergence of the Fintech Sector: A
Systematic Review of Disruptive Innovation in the Financial Services
Industry. Journal of Business Research, 129, 351–361.
This paper defines digital transformation as an organizational and continuous
change that can be triggered and shaped by the generalized diffusion of digital
technology.

4. Subburayan, S., Sankarkumar, R., Singh, R., & Mushi, E. (2024).
Transforming Banking: Examining the Role of AI Technology Innovation in
the Banking Sector. Journal of Banking & Finance, 137, 106–118.
This study examines the role of AI technology innovation in enhancing banks'
capabilities to achieve greater profits, service personalization, and rapid
innovation cycles.
5. Sahoo, S., et al. (2024). Past, Present, and Future of Blockchain in Finance.
Journal of Business Research, 146, 123–135.
This paper discusses blockchain as a disruptive, decentralized, replicable,
distributed ledger technology with the potential to change the conventional
business landscape in banking and finance.

6. Wu, H., Yao, Q., Liu, Z., Huang, B., Zhuang, Y., Tang, H., & Liu, E.
(2024). Blockchain for Finance: A Survey. arXiv preprint arXiv:2402.17219.
This survey provides a comprehensive summary of blockchain-based

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