Blockchain in Finance
Blockchain is basically a ledger of recorded financial transactions. This ledger is distributed, published, and stored in multiple locations. Blockchain is a decentralized record-keeping system that documents all transactions that happened on it. It facilitates safe, easy transactions, and builds trust between trading partners. When trust in the central hubs of finance is being increasingly questioned, decentralized systems like the blockchain that reduce the need for such trust become attractive. Blockchain provides a potentially attractive alternative way to organize modern finance. This paper provides a primer on the use of blockchain technology in finance.
Matthew N. O. Sadiku, Uwakwe C. Chukwu, & Janet O. Sadiku. (2023). Blockchain in Finance. International Journal on Economics, Finance and Sustainable Development, 5(9), 17–27. https://doi.org/10.31149/ijefsd.v5i9.4766
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https://www.salesforce.com/eu/blog/2020/02/how-financial-services-are-implementing-blockchain-technology.html
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https://hackernoon.com/how-is-blockchain-revolutionizing-banking-and-financial-markets-9241df07c18b
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https://consensys.net/blockchain-use-cases/finance/
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https://www.cloudcredential.org/blog/who-participates-in-a-blockchain-network-and-what-are-its-benefits/
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https://vegavid.com/blog/blockchain-in-trade-finance-benefits/
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https://www.researchgate.net/figure/Blockchain-technology-challenges-and-limitations_fig8_322814269 TRADE 00000000000
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21. D. L. K. Chuen and R. H. Deng. Handbook of Blockchain, Digital Finance, And Inclusion: Cryptocurrency, Fintech, Insurtech, Regulation, Chinatech, Mobile Security, And Distributed Ledger. Academic Press, 2017.
22. A. Tapscott, Financial Services Revolution: How Blockchain is Transforming Money, Markets, and Banking. Barlow Book Publishing, 2020.
23. P. Martino, Blockchain and Banking: How Technological Innovations Are Shaping the Banking Industry. Springer, 2021.
24. I. Roy, Blockchain Development for Finance Projects: Building Next-generation Financial Applications Using Ethereum, Hyperledger Fabric, and Stellar. Packt Publishing, 2020.
25. U. Hacioglu (ed.), Blockchain Economics and Financial Market Innovation Financial Innovations in the Digital Age. Springer, 2019.
26. M. C. M. Metzger, Blockchain Banking: The Future Of Money and Finance. Books on Demand, 2023.
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