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Blockhain Technology in The Banking Sector : Applications and Challenges

This paper researches blockchain technology applications for the banking sector and the challenges facing the adoption of the technology. Interviews were conducted with professionals with knowledge and experience about this topic. The results of the interviews were then compared with the research literature in order to gain a deeper understanding of blockchain technology in the banking sector. Some potential applications of blockchain technology for banks are clearing and settlement and anti money-laundering activities. One of the biggest challenges found is the lack of regulation regarding this technology and issues with scalability.

Identiferoai:union.ndltd.org:UPSALLA1/oai:DiVA.org:uu-446348
Date January 2021
CreatorsToubal, Michael, Dilé, Cédric
PublisherUppsala universitet, Informationssystem, Uppsala universitet, Informationssystem
Source SetsDiVA Archive at Upsalla University
LanguageEnglish
Detected LanguageEnglish
TypeStudent thesis, info:eu-repo/semantics/bachelorThesis, text
Formatapplication/pdf
Rightsinfo:eu-repo/semantics/openAccess

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