The significance of blockchain technology in banking
- Pages
- 43-48
Abstract
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.