Blockchain Technology In International Banking: Wire Transfer
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Authors
Dania, Feyisetan
Issue Date
2021-04-09
Type
Other
Language
en_US
Keywords
Banking , Blockchain
Alternative Title
Abstract
Blockchain technology (BT) is becoming increasingly important in international banking. BT is a distributed immutable encrypted digital and tamper proof ledger for recording transactions. BT will revolutionize international banking with effortless funds and wire transfers across borders. A SWOT analysis is performed as an environmental scan to assess strengths, weaknesses, opportunities, and threats for BT in this case study.