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Journals / Doğuş Üniversitesi Dergisi / 2020 / Cilt: 21 - Sayı: 1

Importance of Blockchain Use in Cross-Border Payments and Evaluation of the Progress in this Area

Sınır-Ötesi Ödemelerde Blockchain Kullanımının Önemi ve Bu Alandaki Mevcut İlerlemenin Değerlendirilmesi

Orkun BAYRAM
Pages
171–189
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

In this paper we analyze and discuss the significance and progress towards using blockchain technology for cross-border payments through recent literature consisting of research articles and cases.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:In the banking industry, blockchains are currently being investigated as an alternate interbank money transfer platform.
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Key Findings & Data:However, the blockchain network structure has not matured yet, and there could be many issues and opportunities on fully operating such a system.
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Conclusion & Impact:In this paper we analyze and discuss the significance and progress towards using blockchain technology for cross-border payments through recent literature consisting of research articles and cases.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Blok zincir ağ yapısı · sınır-ötesi ödemeler · uluslararası banka transferleri

Abstract

In the banking industry, blockchains are currently being investigated as an alternate interbank money transfer platform. However, the blockchain network structure has not matured yet, and there could be many issues and opportunities on fully operating such a system. The research about the use of blockchain for cross-border payment systems is speedily progressing, which is why there is need to frequently emphasize the progress and make assessments. In this paper we analyze and discuss the significance and progress towards using blockchain technology for cross-border payments through recent literature consisting of research articles and cases.

Özet

Bankacılık sektöründe blok zincir sistemleri alternatif bir bankalar arası para transferi platformu olarak araştırılmaktadır. Bununla birlikte, blockchain ağ yapısı henüz olgunlaşmamış ve potansiyeli de henüz tam olarak analiz edilmemiştir. Böyle bir sistemi tamamen işletmek için çözülmesi gereken birçok husus ve barındırdığı fırsatlar olabilir. Sınır ötesi ödeme sistemleri için blockchain kullanımı ile ilgili araştırmalar hızla ilerlemektedir; bu nedenle, bu alandaki ilerlemeyi sıklıkla değerlendirmek gerekmektedir. Bu ihtiyaca cevap vermek için, bu makalede, araştırma makaleleri ve vakalardan oluşan güncel literatür analiz edilerek sınır ötesi ödemeler için blockchain teknolojisinin kullanımının önemi tartışılmış ve bu alandaki ilerleme analiz edilmiştir

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Cite This Article

BAYRAM, O. (2020). Importance of Blockchain Use in Cross-Border Payments and Evaluation of the Progress in this Area. Doğuş Üniversitesi Dergisi, Cilt: 21 - Sayı: 1, 171–189. https://ajindex.com/articles/129024

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