Blockchain Implementation in Financial Sector and Cyber Security System
Ahmad Y. A. Bani Ahmad, Sukhavasi Santha Kumari, S. Mahabub Basha, Shouvik Kumar Guha, Anita Gehlot, Bhasker Pant
Abstract
Initially, coins used block chain solutions as its open digital ledger. Although, cryptographic protocols has lately been taken into consideration, the wide range of additional applications due to its unique combination of decentralization, reliability, accessibility, and vehemently anti features. Such characteristics are especially helpful for a range of significant problems encountered in the finance industry. Therefore, by changing how various financial services are provided ledger technology has the ability to completely transform the financial sector. In this article, we present five distinct finance sector use cases that the use of block chains is predicted to fundamentally disrupt. this paper investigates financial sector and security system implementations and its implications.