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

Cilt: 21 Sayı: 1 1 Ocak 2020
  • Orkun Bayram
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Importance of Blockchain Use in Cross-Border Payments and Evaluation of the Progress in this Area

Öz

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.

Anahtar Kelimeler

Kaynakça

  1. Achanta, R., (2018). Cross-Border Money Transfer Using Blockchain – Enabled by Big Data payments/resources/Documents/cross-border-money-transfer.pdf
  2. Anjum, A., Sporny, M., and Sill, A. (2017). Blockchain standards for compliance and trust. IEEE Cloud Computing, 4(4), 84-90.
  3. Back, A., Corallo, M., Dashjr, L., Friedenbach, M., Maxwell, G., Miller, A., ... and Wuille, P. (2014, October 22). Enabling blockchain innovations with pegged sidechains. URL: com/papers/123/enablingblockchain-innovations-with-pegged-sidechains. http://www. opensciencereview.
  4. Böhme, R., Christin, N., Edelman, B., and Moore, T. (2015). Bitcoin: Economics, technology, and governance. Journal of Economic Perspectives, 29(2), 213-38.
  5. Buitenhek, M. (2016). Understanding and applying Blockchain technology in banking: Evolution or revolution? Journal of Digital Banking, 1(2), 111-119.
  6. Cachin, C. (2016, July). Architecture of the hyperledger blockchain fabric. In Workshop on Distributed Cryptocurrencies and Consensus Ledgers (Vol. 310). URL: https://www.zurich.ibm.com/dccl/papers/cachin_dccl.pdf
  7. Cheng, J., & Geva, B. (2016). Understanding Block Chain and Distributed Financial Technology: New Rails for Payments and an Analysis of Article 4A of the CC. Business Law Today, 25(7), 1-5.
  8. Collomb, A., and Sok, K. (2016). Blockchain/Distributed Ledger Technology (DLT): What Impact on the Financial Sector?. DigiWorld Economic Journal, (103). 93-111.

Ayrıntılar

Birincil Dil

İngilizce

Konular

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Bölüm

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Yazarlar

Orkun Bayram Bu kişi benim

Yayımlanma Tarihi

1 Ocak 2020

Gönderilme Tarihi

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Kabul Tarihi

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Yayımlandığı Sayı

Yıl 2020 Cilt: 21 Sayı: 1

Kaynak Göster

APA
Bayram, O. (2020). Importance of Blockchain Use in Cross-Border Payments and Evaluation of the Progress in this Area. Doğuş Üniversitesi Dergisi, 21(1), 171-189. https://izlik.org/JA63AC56YJ
AMA
1.Bayram O. Importance of Blockchain Use in Cross-Border Payments and Evaluation of the Progress in this Area. DOUJ. 2020;21(1):171-189. https://izlik.org/JA63AC56YJ
Chicago
Bayram, Orkun. 2020. “Importance of Blockchain Use in Cross-Border Payments and Evaluation of the Progress in this Area”. Doğuş Üniversitesi Dergisi 21 (1): 171-89. https://izlik.org/JA63AC56YJ.
EndNote
Bayram O (01 Ocak 2020) Importance of Blockchain Use in Cross-Border Payments and Evaluation of the Progress in this Area. Doğuş Üniversitesi Dergisi 21 1 171–189.
IEEE
[1]O. Bayram, “Importance of Blockchain Use in Cross-Border Payments and Evaluation of the Progress in this Area”, DOUJ, c. 21, sy 1, ss. 171–189, Oca. 2020, [çevrimiçi]. Erişim adresi: https://izlik.org/JA63AC56YJ
ISNAD
Bayram, Orkun. “Importance of Blockchain Use in Cross-Border Payments and Evaluation of the Progress in this Area”. Doğuş Üniversitesi Dergisi 21/1 (01 Ocak 2020): 171-189. https://izlik.org/JA63AC56YJ.
JAMA
1.Bayram O. Importance of Blockchain Use in Cross-Border Payments and Evaluation of the Progress in this Area. DOUJ. 2020;21:171–189.
MLA
Bayram, Orkun. “Importance of Blockchain Use in Cross-Border Payments and Evaluation of the Progress in this Area”. Doğuş Üniversitesi Dergisi, c. 21, sy 1, Ocak 2020, ss. 171-89, https://izlik.org/JA63AC56YJ.
Vancouver
1.Orkun Bayram. Importance of Blockchain Use in Cross-Border Payments and Evaluation of the Progress in this Area. DOUJ [Internet]. 01 Ocak 2020;21(1):171-89. Erişim adresi: https://izlik.org/JA63AC56YJ