IMPLEMENTATION OF BLOCKCHAIN TECHNOLOGIES INTO GLOBAL FINANCIAL TRANSACTIONS: POSITIVE AND NEGATIVE CONSEQUENCES
Oleksandr Panfilov · ГРААЛЬ НАУКИ · 2024
Technological innovations are becoming increasingly important in the financial sector from year to year, transforming traditional methods of operations into more efficient and secure ones. Blockchain has become one of the most discussed technologies, which opens new prospects for financial institutions and their clients. The blockchain implementation into global financial transactions has the potential to change the financial market landscape, providing benefits from transparency, security and speed of transactions. However, there are also certain challenges and negative consequences alongside with the positive aspects, that require careful analysis.