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Introduction to Blockchain and Blockchain Powered Real-Time Settlement Systems for Cross-Border Payments

  • Unique Paper ID: 174435
  • Volume: 11
  • Issue: 10
  • PageNo: 3784-3790
  • Abstract:
  • Blockchain engineering science raises cross-border payments by enabling real-time, secure, and low-cost transactions. Traditional systems are wearisome and expensive ascribable to intercessor, but blockchain-power settlement scheme streamline the process using decentralised account book and smart contract bridge. Result like Ripple, Stellar, and JPM Coin demonstrate its potential. While borrowing is growing, challenges like regulation and scalability must be addressed. This discipline explores blockchain’s impact on global payments and its prospects.
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  • ISSN: 2349-6002
  • Volume: 11
  • Issue: 10
  • PageNo: 3784-3790

Introduction to Blockchain and Blockchain Powered Real-Time Settlement Systems for Cross-Border Payments

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