Last Updated on: 14th June 2021, 10:31 pm
RNS Solutions Private Limited, one of the leading blockchain software development companies in Pakistan, Korea, and Singapore, recently announced a partnership with the Saudi Arabian company Trustedchain.
It occurs to develop a platform for financial literacy (FinLit) based on artificial intelligence (AI) and blockchain Technology for the Islamic Development Bank (ICD). The platform will include an interactive financial learning management system with AI-enabled chatbot support systems.
With the new platform, users can participate in a variety of discussions using the AI-based chatbot. Basically, the chatbot provides context, answers, and related information for an optimal learning experience.
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Based on the idea of providing education and financial information to the younger generation, the FinLit platform is an all-in-one package that helps understand complex financial and investment terms and related elements.
To paint a picture, Dr. Shakil Muhammad, President of RNS Solutions, stated that the platform “will provide various modules ranging from financial learning to hackathons, webinars and tracking to project presentation.”
Each project will have symbolic equity for startups and allow investors to make safe and profitable decisions regarding project funding.
Likewise, Dr. Mohammad Alqarni, CEO of Trustedchain, stated that the new platform “includes a detailed learning tracking system that helps users set goals, register for courses and develop their own financial literacy”.
The coveted FinLit platform is expected to transform the way people around the world should be resilient in the face of financial adversity that may come to them in the future.
The new platform aims to educate the younger generation on financial decisions, how to increase personal savings, and be flexible in the face of unprecedented economic downturns.
