Innovative Blockchain Solutions for Enhancing Transaction Transparency in Capital Markets

Authors

Mahaboobsubani Shaik

Abstract

Blockchain invention is thus a positive significant factor for well- developed fiscal requests. Strategic Innovation is an approach that brings together all the creative means, capabilities and disciplines to an association in order to work together on producing advance ideas and driving new business growth. Also, to the rising of the Internet, Blockchain has the implicit to disrupt multiple diligence and make processes, further popular, secure, transparent, and effective. Entrepreneurs, incipiency companies’ investors, global associations and governments have all linked Blockchain as a disruptive occasion to change the current paradigm. The main compass of this study will be relating what functions in the fiscal geography are suitable for a Blockchain grounded technology, fastening on banks in the Spanish region and further how strategic invention could help on planting this technology in banks. In other words, the advanced the situations of blockchain invention in these countries, the more developed the fiscal requests. This suggests that the presence of blockchain invention in fiscal requests spurs fiscal development. Banks are not characterized for being neither nimble nor fast when embracing new technologies due to their heritage system. still, times are changing and new technologies are being offered. The findings also indicate that macroeconomic factors similar as lagged fiscal development, GDP per capita, the growth rate of GDP, FDI and trade openness have significant and positive relationship with fiscal development in the two countries.

Keywords

Blockchain, Transaction Transparency, Capital Markets, financial markets, Strategic Innovation, secure, transparent

Innovative Blockchain Solutions for Enhancing Transaction Transparency in Capital Markets. Mahaboobsubani Shaik. 2018. IJIRCT, Volume 4, Issue 2. Pages 1-8. https://www.ijirct.org/viewPaper.php?paperId=2412032