Inhaltsangabe
Scientific Essay from the year 2018 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 3, , language: English, abstract: Blockchain technology which has been discovered almost a decade ago is one of the disruptive technology of the decade. Every industry is talking about it. It is the most versatile technology being used in almost every industry like pharma, cloud, retail, insurance, banking and so on. In this paper Blockchain technology has been discussed briefly highlighting its characteristics and features. The second section talks about Blockchain in Banking industry and its role and main benefits to this industry. Proceeding section lists out the banks who have successfully used Blockchain technology in their business. Third and fourth section talks about top five factors accelerating and hindering adoption of Blockchain technology and its impact on banking. Last section discusses the future of Blockchain technology in banking. All the points and aspects and have been carefully weighted and interpretation stated on why currently Blockchain cannot be adopted as mainstream technology.
Keywords: Blockchain technology, Private Blockchain, Ledger, Decentralization, Dynamic Trust Management Method (DTMM), Public Blockchain
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Über die Autorin bzw. den Autor
Manisha Kumari Deep, Ph.D. an Independent thinker, Avid reader, Writer (fiction and non-fiction), Director (Green Gyaanam) and Ex-Faculty has more than a decade of diversified experience. She has around 50 publications existing in journals, conferences, e-books, books and as articles. She has a collection of more than 200 books at her home and loves to read for her kid. Recent Releases are "The Trial of Hope" on Amazon and "An Alien Land" on Kobo. Upcoming: "Conquering Emotions" and "2 Moms". Other Reads An Alien Land 51 Points in Raising Awesome Kids Organic IT Infrastructure Planning and Implementation Positive Employee Recruitment and Retention Vital for Organizations Digital India Mission. Implications on Social Inclusion and Digital Citizenship Cloud Computing. DDoS, Blockchain, Regulation and Compliance Organic eLearning (OE-Learning) The Way of Prime Minister Narendra Modi's Leadership Feasibility Study between Continuous Adaptive Risk and Trust Assessment and Organic Networks I am my supervisor's slave: Supervisor subordinate relationship is vital for organizational efficiency Brands and their Shockvertisement Strategies The Future of Blockchain in Banking
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