Cybercrime impacts everyone, and understanding how modern technology prevents it can reduce its occurrences. Over 94,000 cybercrime reports were filed during the 2022/23 fiscal year, according to the Australian Cyber-Security Centre, which showed a 23% increase from the previous year. The most common cyber crimes reported included online fraud and scams.
Every day, consumers and small businesses often face the fallout, but these numbers are driving positive changes across Australia. Tech leaders across finance, gaming, supply chain, and healthcare have implemented a powerful combo to decrease the figures: AI and blockchain. Discover how Australian companies are using these technologies to detect fraud, verify transactions, and protect sensitive user data more effectively than before.
Smarter and Safer Spaces for Players in Gaming
Online gaming has implemented blockchain and AI technologies to improve player safety and trust for a while. For example, many upcoming online casinos in Australia use advanced AI to track player habits and recommend new games. These tools even improve internal safety by prompting players when AI identifies worrisome behaviours, while the advanced technology can run anti-cheating systems and bot detection software in high-stakes poker games. Ultimately, AI is trained to identify unusual behavioural patterns that threaten players.
Meanwhile, blockchain technology ensures privacy and security from external threats by spreading transaction details across different locations for trusted verification. Blockchain also improves transparency during transactions, making it safer to make in-game purchases and own virtual assets. A blockchain record verifies whether assets are legitimate or not, which has become essential in games like Dota 2, Counter-Strike 2, and Illuvium.
Various online gaming sectors improve security and trust through combining blockchain technology with artificial intelligence, which includes online casinos, mobile games, virtual marketplaces, esports, and competitive multiplayer titles. Real-world value is attached to assets, and security becomes paramount during any transaction or even game activity. Combining blockchain’s immutable record-keeping capabilities with AI’s pattern recognition has created a gaming sector that ensures actions and accounts are traceable while privacy remains intact.
Secure Patient Data Remains Quickly Available in Healthcare
The healthcare industry in Australia has seen its fair share of challenges over the years. For instance, everyone remembers when hackers attacked Medibank Private in 2022, leaving 9.7 million patients at risk of cyberattacks due to ransomware released on the database. Many medical professionals have since turned to AI and blockchain to improve security.
Blockchain allows the healthcare industry to store patient data securely by giving each person a unique identity that cannot be altered without permission. Encrypted patient data is also stored across a vast decentralised network rather than a central server that could easily be breached. Specialist clinics and aged care centres are broadly exploring the approach, particularly in New South Wales and Victoria.
Meanwhile, AI helps the healthcare systems flag unusual requests for access and detect data breaches before any harm occurs. The systems learn the typical access patterns associated with everyday staff and can quickly raise concerns when behaviours change. Hospitals like Melbourne’s St Vincents are also trying AI for predictive diagnosis and record validation, which marries efficiency with security.
Healthcare professionals secure patient information and improve trust in their digital services by applying both technologies. It becomes integral as more Aussies opt for electronic medical records and telehealth services.
Fraud Detection and Goods Tracking in Supply Chain
The future of modern supply chains shows that more companies around the world are adopting AI and blockchain technology to revolutionise how they deliver services, track fleets, and use data without compromising security. Australian supply chains, from agriculture, retail, and pharmaceutical to mining, are strengthened by advanced technologies.
Some supply chains also use blockchain which enables detailed goods tracking from start to finish. Every stage of the product’s journey is recorded in decentralised ledgers to reduce the risk of fraud, counterfeiting, or mislabeling. The export industry has benefited from this approach, especially for wine and seafood, which are two core Aussie exports popularly counterfeited. Now, producers record every shipment detail, including the origin, transit time, and temperature tracking. Retailers and customs can now easily access the blockchain to verify authenticity.
Meanwhile, AI supports the process by analysing the data for anomalies related to logistics information or trade documentation. It identifies patterns that suggest diversion or smuggling in real-time. The proactive approach helps supply chains to avoid costly recalls or reputational harm while improving accountability.
Many logistics providers in South and Western Australia even build smart supply chains that combine AI-driven analytics and blockchain certification. The goal is to keep data safe while improving how fast goods arrive at their destinations and how confident markets feel.
Real-Time Security With Fast Transactions in Finance
The deployment of AI and blockchain in financial services has shown promising results, whether related to personalisation, privacy, affiliate marketing, or security. Payment apps, online banking, and investment platforms are constantly under threat from more sophisticated attacks and fraud techniques. Hence, Australia’s financial industry has started leaning more toward AI and blockchain for security.
Major banks integrate blockchain to settle and verify transactions securely while reducing the risk of tampering or double-spending. For instance, a blockchain record verifies every transaction stage when sending amounts between two different accounts. It also keeps a transparent record for future internal audits.
Simultaneously, AI spots fraudulent behaviours in real-time. Modern fraud detection software also learns from every transaction rather than relying on pre-set parameters. It can stop threats before they’re confirmed. AI can lock transactions of verification requests if the login came from an unusual IP or if spending patterns change suddenly and dramatically.
The Big Four Banks have made this a standard procedure, and it has become more common in mobile FinTech applications used by everyday Australians. The AI and blockchain partnership has quietly changed how financial institutions prevent fraud while they keep the user experience and demand for speed a priority.
A Safer Digital Future for Australian Users
Blockchain and AI have truly changed the game, whether through bot detection in online gaming or fraud prevention with real-time alerts in finance. These tools are already protecting millions of Australians while improving convenience and speed.
More industries adopting these technologies will ensure greater safety for online experiences. Trust has also grown a ton with every new feature. AI and blockchain may not solve every threat in a day, but they make it harder for cybercriminals to attack.
