Financial and Digital Technologies in the Treasury System

Digitalization has become a decisive factor in transforming public financial systems, where efficiency, transparency, and security are increasingly demanded. In Uzbekistan, the treasury system is undergoing modernization through technologies such as blockchain, artificial intelligence, big data, cloud computing, and FinTech, which not only automate processes but also enhance public trust and financial inclusion. While global studies highlight the potential of these technologies, little is known about their systemic integration, challenges of cybersecurity, legal adaptation, and human capital readiness in the Uzbek treasury context. This study analyzes the application of digital technologies in Uzbekistan’s treasury system, evaluates their impact on public financial management, and proposes recommendations for further development. The findings demonstrate that blockchain strengthens transparency and accountability, big data improves budget forecasting, AI enhances fraud detection and automation, and FinTech simplifies citizen–government financial interactions, though cybersecurity and legislative flexibility remain pressing concerns. The research provides a context-specific evaluation of digital treasury reforms in Uzbekistan, linking global best practices with national priorities such as economic competitiveness, fiscal stability, and integration with international standards. Strengthening cybersecurity, developing skilled personnel, accelerating digital infrastructure, and aligning with global regulations will be crucial for Uzbekistan to fully realize the potential of digitalization in treasury management, ensuring sustainable economic development in the digital era.