This study is aimed at covering the application of blockchain technology (BCT) in the Indian banking sector and its benefits in banking operations. This paper covers the challenges it faces in implementing blockchain technology. The paper highlights how BCT is addressing key issues such as ...
Blockchain also offers a visible, impermeable ledger, protecting the accuracy of financial transactions. This may lessen instances of fraud, corruption, and other wrongdoing that frequently occur in the banking industry. Emerging nations can improve the security and dependability of their banking systems...
There has been a substantial build-up of non-performing assets in the Indian banking sector. Despite multiple initiatives and regulatory changes, there is a need to revisit the reporting and regulatory frameworks and redefine the focus areas. Banks credit problem has often been explored under the ...
Banksserve for the safe storage and transfer of valuable assets.Blockchain, being a secure digital registry, can perform these functions. So in the coming years, we should expect a strong influence of blockchain on the banking industry, experts say. According to some market participants, this t...
Indian banking sector: blockchain implementation, challenges and way forward This study is aimed at covering the application of blockchain technology (BCT) in the Indian banking sector and its benefits in banking operations. This pa... A Patki,V Sople - 《Journal of Banking & Financial Technolog...
Blockchain in today's world is digital ledger of transactions not only recording transaction but also recording everything that is of value, from the evolution of blockchain there have been dramatic changes in the financial sector and around the globe that how people carry out financial transaction...
A robust traceability system would help organizations in inventory optimization reduce lead time and improve customer service and quality which further enables the organizations to be a leader in their industry sector. This research study analyzes the challenges faced by the automotive industry in its ...
Moreover, DeFi is ideal for businesses in emerging economies where traditional banking systems may be insufficient. DeFi’s programmability allows businesses to create and customize financial instruments and smart contracts to suit specific needs, automate financial functions, reduce operational costs, and...
Even though the blockchain revolution started in the banking, financial services, and insurance (BFSI) industry, the food & agriculture supply chain is going through disruptions owing to the blockchain applications. Blockchain, coupled with IoT (the internet of things), is reshaping the food & ...
focusing on its effect on the banking sector by introducing innovative payment systems, credit markets, and insurance policies (Thakor2020). This study also focuses on the role of blockchain in smart contracts and delivers valuable perspectives on the present status and future paths of Fintech rese...