IJEFSD
Vol. 5 No. 9 (2023): International Journal on Economics, Finance and Sustainable Development (IJEFSD

Blockchain in Finance

Matthew N. O. Sadiku (Unknown)
Uwakwe C. Chukwu (Unknown)
Janet O. Sadiku (Unknown)

Article Info

Publish Date
05 Sep 2023

Abstract

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.

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Journal Info
IJEFSD
Website

Abbrev

IJEFSD

Publisher

Research Parks Publishing

Subject

Economics, Econometrics & Finance

Description

International Journal on Economics, Finance and Sustainable Development (IJEFSD) is an international, peer-reviewed, and scholarly journal aimed at being a platform for interdisciplinary researchers across the globe to develop and advance both theory and practice of economics and finance while ...