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  Published Paper Details:

  Paper Title

BLOCKCHAIN BASED SMART CONTRACTS IN FINANCIAL INDUSTRY

  Authors

  Pavan S,  Dr. Usha J

  Keywords

Investment, block technology, Peer-peer-computing, smart contract, Finance

  Abstract


Smart contracts are is a self-executing contract that automatically executes when pre-defined conditions are met including financial services industry. Smart contracts, which are enabled by blockchain or distributed ledgers, have been held as a solution to many of the issues associated with traditional financial contracts, which are simply not designed for the digital age. Financial intermediaries raise overhead expenses and enhance regulatory requirements while enabling interoperability for the financial system and lowering risk. This concept aims to adopt smart contracts that will lead to reduced risks, lower administration and service costs, and more efficient business processes across all major segments of the financial services industry.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2106570

  Paper ID - 209082

  Page Number(s) - e872-e876

  Pubished in - Volume 9 | Issue 6 | June 2021

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Pavan S,  Dr. Usha J,   "BLOCKCHAIN BASED SMART CONTRACTS IN FINANCIAL INDUSTRY", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.9, Issue 6, pp.e872-e876, June 2021, Available at :http://www.ijcrt.org/papers/IJCRT2106570.pdf

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ISSN: 2320-2882
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Journal Starting Year (ESTD) : 2013
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ISSN and 7.97 Impact Factor Details


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ISSN
ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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