Open AccessBlock Chain Technology Progress and Challenges in Capital Markets
Publication year - 2019
Publication title -
international journal of innovative technology and exploring engineering
Language(s) - English
Resource type - Journals
ISSN - 2278-3075
DOI - 10.35940/ijitee.k1152.09811s19
Subject(s) - business , capital market , fintech , financial capital , currency , variety (cybernetics) , blockchain , financial institution , capital (architecture) , financial services , database transaction , industrial organization , commerce , digital currency , financial market , finance , economics , market economy , monetary economics , computer science , human capital , computer security , archaeology , artificial intelligence , payment , history , programming language
The blockchain is anunseen technology that is completelychanging the future of the world economy and achieving grip in the capital markets. Blockchain technology will have huge impact in business transaction and exchange of digital currency between financial institution. The technology is applied to a wide variety of financial fields, including business services, settlement of financial assets, prediction markets and economic businesses. While research has focused on identifying the reasons, Is in Capital Market the implementation of blockchain technology is how far it is acceptable and adapted for the present process with the capital market infrastructure.An effort is made in this paper to know the application and key challenges and implementation of blockchange technology in capital market.