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December 29, 2023
conference-paper

Revolutionizing Digital Banking: Harnessing Blockchain Smart Contracts for Enhanced Security and Efficiency

Authors:Kuldeep SinghK P PremalathaSeema BenakattiVasudha Srivatsa

Abstract

Blockchain technology stands out for its cryptographic connections between chronologically ordered records, forming the core of integrity within the expansive blockchain ecosystem. Leading the charge in this blockchain revolution are digital currencies, reshaping the financial landscape with seamless peer-to-peer transactions. As trailblazers in the realm of blockchain, digital currencies have catalyzed a shift towards decentralized, trust-based financial systems, fundamentally reimagining the global financial stage. This research embarks on an exploration at the intersection of Google Trends analytics and blockchain-based smart contracts. Its objective is to transform and fortify financial transactions within the digital banking sector. Moreover, the study offers a third-person perspective, unveiling valuable insights and recommendations for key stakeholders, such as financial institutions, regulators, and policymakers. These policy directives aim to promote greater financial inclusion, bolster security measures, and cultivate trust within the digital banking realm.

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