Krutika Adani
AI-powered bots are emerging to help users manage debt.
These bots leverage smart contracts to automate repayments.
Can blockchain revolutionize financial recovery?
Bots analyze spending patterns & suggest repayment plans.
Use DeFi lending protocols to restructure debt at lower interest rates.
Automate transactions to avoid late fees & improve creditworthiness.
Smart contracts ensure transparent & fair repayment agreements.
Users can stake crypto as collateral for low-interest refinancing.
Decentralized finance (DeFi) makes debt management more accessible.
Market volatility can impact repayment plans.
Regulatory uncertainty may affect bot operations.
Not all platforms are secure—scams & frauds exist.