Physics, mathematics, and technology

2021 Issue №4

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The significance of blockchain technology in banking



The article provides an analysis of the importance of information techno­logy in the banking sector and is a study of the theoretical aspects of block­chain technology. The authors of the work define the main stages of develop­ment and reveal the potential for implementation. A wide range of applica­tions of this technology is known, but how far it will go for the banking sector is another big question, since uncertainty and obstacles contrast with at­tempts to use it, so the main purpose of the article was to reveal the role and main prerequisites for the introduction of blockchain technologies.