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This study aims to solve the problem of repair path planning between multiple small-size defects in the field of additive manufacturing (AM) repair by using Python-based ant colony algorithm (ACO). The optimal parameter combination scheme is obtained by discussing the influencing factors of parameters in the ACO.

The effects of the information heuristic factor α, the expected heuristic factor ß and the pheromone volatile factor ρ on the simulation results were investigated by designing a three-factor and three-level orthogonal experiment. The fast convergence of ACO in finding the optimal solution of multiple small-size defect repair path problem is proved by comparing the simulation results with those of genetic algorithm (GA) on the same data set.

The ACO can effectively solve the repair path planning problem between multiple small-size defects by optimizing the parameters. In the case of 50 defect locations, the simulation results of the ACO with optimized parameters are 159.8 iterations and 3,688 average path lengths, while the GA has 4,027.2 average path lengths under the same data set and the same number of iterations, and by comparison, it is proved that the ACO can find the optimal solution quickly in the small-size defects repair path planning problem, which greatly improves the efficiency of defect repair.

The parameter-optimized ACO can be quickly applied to the planning problem of repair paths between multiple small-size defects in the field of AM repair, which can better improve the defect repair efficiency and reduce the waste of resources.

This study aims to give a glimpse of the existing blockchain applications across industries and add to a complete knowledge of the blockchain’s properties.

Systematic literature review is used as the research strategy for this investigation and other aspects of the preferred reporting items for systematic reviews and meta-analyses framework have been incorporated to create a scholarly publications evaluation of the blockchain-based application in the financial arena and its future. The research looks at 86 studies published between 2018 and 2022.

There has been a steady but noticeable increase in the study of blockchain’s potential in many application domains over the past few of years. This rising tendency illustrates the newness and potential of blockchain technology, as well as the increasing attention from academics. According to the findings, blockchain is an appropriate solution for processing transactions using cryptocurrencies; nevertheless, it still has significant technical issues and limits that require to be exploring and solving before it can be considered a viable option. It is therefore, necessary to have a high level of reliability for payments and confidentiality, in addition to maintaining the anonymity of nodes, to stop assaults and efforts to disrupt transactions in the blockchain.

This study has several important theoretical and practical implications. First, it adds to the body of knowledge on blockchain and Fintech, focusing on the transaction side. While much blockchain research has focused on how the technology may affect strategic choices, this study has shed light on its potential from the perspective of financial reporting. Second, by highlighting the importance of the demand for the prompt identification of losses, this work adds to the body of knowledge on the factors that influence transaction frauds involving paper money. Additionally, by establishing the link between transparency and virtual transactions, the author backs up the asymmetric responses of investors to different investment possibilities. It looks at the evolution of financial technology (Fintech) and shows how it can be used to take the advantage of unique opportunities.

The study is different and novel from the previously published literature on this topic mainly because of its comprehensiveness, as it revolves around all industrial and commercial areas. The three main lines of research have been outlined, namely, classifying the many blockchain-based innovations that will alter the financial landscape in many industries; identifying whether these industries are a good fit for blockchain’s wealth creation potential; and directing researchers by outlining prospective study pathways.