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Journal of Globe Scientific Reports

Volume 3, 2021 - Issue 2

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Journal Article

Blockchain Technology: Revolutionizing Finance and Beyond

by Yasir Rahman 1,*
1
Universiti Malaya
*
Author to whom correspondence should be addressed.
JGSR  2021 3(2):34; https://doi.org/10.xxxx/xxxxxx
Received: 25 August 2021 / Accepted: 30 November 2021 / Published Online: 30 December 2021
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Abstract

Blockchain technology has disrupted traditional financial systems and extended its applications to various industries, offering transparency, security, and decentralization. This paper explores the significance of blockchain, emphasizing its role in cryptocurrencies, smart contracts, and supply chain management. It delves into various aspects, including distributed ledgers, consensus mechanisms, and decentralized applications (DApps). The discussion includes the benefits of blockchain technology, such as financial inclusion, fraud prevention, and transparent supply chains. Moreover, the paper addresses the challenges and considerations in adopting blockchain solutions, including scalability and regulatory compliance. Through a review of blockchain projects and use cases, the study highlights the positive outcomes associated with the widespread adoption of blockchain technology.

Keywords: Blockchain Technology; Cryptocurrencies; Smart Contracts; Supply Chain Management; Distributed Ledgers; Decentralized Applications (DApps).;
Copyright: © 2021 by Rahman. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) (Creative Commons Attribution 4.0 International License). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.

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ACS Style
Rahman, Y. Blockchain Technology: Revolutionizing Finance and Beyond. Journal of Globe Scientific Reports, 2021, 3, 34. doi:10.xxxx/xxxxxx
AMA Style
Rahman Y. Blockchain Technology: Revolutionizing Finance and Beyond. Journal of Globe Scientific Reports; 2021, 3(2):34. doi:10.xxxx/xxxxxx
Chicago/Turabian Style
Rahman, Yasir 2021. "Blockchain Technology: Revolutionizing Finance and Beyond" Journal of Globe Scientific Reports 3, no.2:34. doi:10.xxxx/xxxxxx

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References

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