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A Conceptual Study of Blockchain to Financial Sector

    KohilaKanagalakshmi T Ms. Lavita Shweta Biradar

International Research Journal on Advanced Science Hub, 2020, Volume 2, Issue 8, Pages 112-117
10.47392/irjash.2020.103

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Abstract

A Blockchain technology is the basis of Bitcoin which has acknowledged widespread attentions recently. It is also known as distributed, indisputable and digital ledger which registers the transactions in the same order it is generated in a close real-time. In blockchain, transactions take place in a decentralized manner. The subsequent transactions can be included to the ledger only by the agreement of the participants in the network which is known as nodes The subsequent transactions can be added to the ledger only by the agreement of the participants in the network which is known as nodes. The applications of blockchain extending from banking, crypto currency and financial services, risk managements, social services and Internet of things. This paper explains a broad impression of blockchain technology in banking applications and recent advances.
Keywords:
    Blockchain Consensus Distributed ledger DApps Smart Contract Financial sector
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(2020). A Conceptual Study of Blockchain to Financial Sector. International Research Journal on Advanced Science Hub, 2(8), 112-117. doi: 10.47392/irjash.2020.103
KohilaKanagalakshmi T; Ms. Lavita; Shweta Biradar. "A Conceptual Study of Blockchain to Financial Sector". International Research Journal on Advanced Science Hub, 2, 8, 2020, 112-117. doi: 10.47392/irjash.2020.103
(2020). 'A Conceptual Study of Blockchain to Financial Sector', International Research Journal on Advanced Science Hub, 2(8), pp. 112-117. doi: 10.47392/irjash.2020.103
A Conceptual Study of Blockchain to Financial Sector. International Research Journal on Advanced Science Hub, 2020; 2(8): 112-117. doi: 10.47392/irjash.2020.103
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