Determining the Utility of Blockchains in Payment System: Empirical Study based on Business Proceedings

Authors

  • Siew Poh Phung Post Graduate Centre, Limkokwing University, Malaysia Author
  • Valliappan Raju Post Graduate Centre, Limkokwing University, Malaysia Author

DOI:

https://doi.org/10.61841/kn6qmb08

Keywords:

Payment System, Blockchains, Blocktech, FinTech

Abstract

This paper will inspect the advantages and expenses of Bitcoin — the first and still the best cryptopayment framework; the advantages and expenses of Ripple — which has endeavored to stretch out the worldview to the interbank cross-fringe clearing space; suggestions for cross-fringe journalist banking; suggestions for local installments; regardless of whether some other (more current) blocktech arrangements offer elective ways to deal with improving expense to profit proportion; lastly, the legitimate viewpoints. The paper does not examine the experimentation directed by national banks in the utilization of blockchain advancements.

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Published

30.04.2020

How to Cite

Phung, S. P., & Raju, V. (2020). Determining the Utility of Blockchains in Payment System: Empirical Study based on Business Proceedings. International Journal of Psychosocial Rehabilitation, 24(4), 9630-9640. https://doi.org/10.61841/kn6qmb08