Banking on blockchain: how banks and financial institutions can implement the blockchain technology

DOI

10.2991/icdtli-19.2019.82How to use a DOI?

Keywords

blockchain, payment system, letter of credit, virtual banking, ICO, scoring, analysis of big data, swift, Ethereum, Ripple.

Abstract

Blockchain is used in a variety of areas. This technology is relatively young, but it has already begun to pay important role in various sectors of the economy. Today, many people talk about prospects and properties of blockchain technology, about what it is capable of and what risks and opportunities it opens. At the same time, very often the opportunities to use blockchain in the banking sector are not covered. Therefore, it is necessary to study all the ways of using blocking technology in the bank. In the article the authors analyze the main areas of application of blocking technology in banks and other financial institutions.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - E. Tikhomirova
AU  - A. Soia
PY  - 2019/09
DA  - 2019/09
TI  - Banking on blockchain: how banks and financial institutions can implement the blockchain technology
BT  - Proceedings of the International Conference on Digital Technologies in Logistics and Infrastructure (ICDTLI 2019)
PB  - Atlantis Press
SP  - 472
EP  - 474
SN  - 2589-4900
UR  - https://doi.org/10.2991/icdtli-19.2019.82
DO  - 10.2991/icdtli-19.2019.82
ID  - Tikhomirova2019/09
ER  -