Application of blockchain technology

Blockchain Technology in Finance

Banking on Blockchain: Costs Savings Thanks to the Blockchain Technology

This paper looks at the challenges and opportunities of implementing blockchain technology across banking, providing food for thought about the potentialities of this disruptive technology. The blockchain technology can optimize the global financial infrastructure, achieving sustainable development, using more efficient systems than at present. In fact, many banks are currently focusing on bloc...

Reimagining KYC Using Blockchain Technology

The Know Your Customer (KYC) process is an integral part of client onboarding and requires banks to validate and verify primary documents. The market today, though, is flooded with KYC utilities that help manage these documents and share them with multiple entities, but they provide little value addition. Blockchain technology, with its concept of distributed, time-stamped ledgers, can effectiv...

Fundamental Values of Cryptocurrencies and Blockchain Technology

We propose a theoretical model to measure the fundamental values of cryptocurrency and blockchain technology. Due to its secure nature, blockchain allows the transactions to be state-contingent based on highly credible state information. In an economy with adverse selection, traders have an incentive to buy assets with unknown quality by using cryptocurrency to exploit the higher security of bl...

Applications of Blockchain Technology beyond Cryptocurrency

The goal of this research paper is to summarise the literature on implementation of the Blockchain and similar digital ledger techniques in various other domains beyond its application to crypto-currency and to draw appropriate conclusions. Blockchain being relatively a new technology, a representative sample of research is presented, spanning over the last ten years, starting from the early wo...