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    Sadiq Adam

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    Abdullahi Awwal
    The document discusses research on the impact of cryptocurrency and blockchain technology on financial transactions. It explores blockchain's potential to revolutionize traditional banking and reshape finance. The study will analyze blockchain applications in the financial sector and assess the challenges and opportunities of adopting the technology.

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    Sadiq Adam

    Uploaded by

    Abdullahi Awwal
    5 views3 pages
    The document discusses research on the impact of cryptocurrency and blockchain technology on financial transactions. It explores blockchain's potential to revolutionize traditional banking and reshape finance. The study will analyze blockchain applications in the financial sector and assess the challenges and opportunities of adopting the technology.

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    SADIQ ADAM

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    The document discusses research on the impact of cryptocurrency and blockchain technology on financial transactions. It explores blockchain's potential to revolutionize traditional banking and reshape finance. The study will analyze blockchain applications in the financial sector and assess the challenges and opportunities of adopting the technology.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    5 views3 pages

    Sadiq Adam

    Uploaded by

    Abdullahi Awwal
    The document discusses research on the impact of cryptocurrency and blockchain technology on financial transactions. It explores blockchain's potential to revolutionize traditional banking and reshape finance. The study will analyze blockchain applications in the financial sector and assess the challenges and opportunities of adopting the technology.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    RESEARCH TOPIC: CRYPTOCURRENCY AND BLOCKCHAIN -

    FUTURE OF FINANCIAL TRANSACTIONS

    INTRODUCTION

    Cryptocurrency and blockchain technology have emerged as disruptive forces in

    the realm of financial transactions, promising to revolutionize the way we perceive

    and engage in monetary exchanges. Cryptocurrencies, such as Bitcoin and

    Ethereum, have garnered significant attention for their decentralized nature and

    potential to reshape traditional financial systems. Meanwhile, blockchain, the

    underlying technology behind cryptocurrencies, has garnered interest for its

    applications beyond digital currencies, offering transparent, secure, and immutable

    record-keeping solutions. This introduction delves into the world of cryptocurrency

    and blockchain, exploring their implications for the future of financial transactions.
    LITERATURE REVIEW

    Satoshi Nakamoto's seminal whitepaper introduced Bitcoin, the first decentralized

    cryptocurrency powered by blockchain technology. Nakamoto proposed a peer-to-

    peer electronic cash system that eliminates the need for intermediaries, enabling

    secure and efficient digital transactions. (Nakamoto, 2008) Nathaniel Popper's

    book provides an in-depth exploration of the origins and evolution of Bitcoin,

    tracing its journey from obscurity to mainstream acceptance. Through interviews

    and anecdotes, Popper sheds light on the personalities and ideologies shaping the

    cryptocurrency ecosystem. (Popper, 2015)

    The Age of Cryptocurrency: How Bitcoin and Digital Money are Challenging

    the Global Economic Order

    (Vigna & Casey, 2015), This book offers a comprehensive overview of the rise of

    cryptocurrencies and their potential to disrupt traditional financial systems. The

    authors delve into the technical intricacies of blockchain technology while

    examining its broader socio-economic implications.

    (Arvind & Narayan, 2017) Written for a non-technical audience, this book

    provides a step-by-step introduction to blockchain technology, covering its

    fundamental concepts, applications, and potential impact on various industries. The

    authors aim to demystify blockchain and make it accessible to a wide range of

    readers.
    RESEARCH METHODOLOGY

    This research aims to investigate the impact of blockchain technology on financial


    transactions, focusing on its potential to revolutionize traditional banking systems
    and reshape the future of finance. The study will explore the underlying principles
    of blockchain technology, analyze its applications in the financial sector, and
    assess the challenges and opportunities associated with its adoption.

    RESEARCH DESIGN

    Research Approach:

    This study will employ a qualitative research approach, allowing for an in-depth
    exploration of the subject matter. Qualitative methods are suitable for investigating
    complex phenomena such as the impact of blockchain on financial transactions, as
    they facilitate rich, contextualized insights.

    Data Analysis:

    Thematic Analysis: Qualitative data collected from literature review, interviews,


    and case studies will be analyzed thematically to identify recurring patterns,
    themes, and insights related to the impact of blockchain on financial transactions.

    Comparative Analysis: A comparative analysis of different blockchain


    applications in the financial sector will be conducted to assess their effectiveness,
    scalability, and suitability for various use cases.

    Research Limitations

    Limited Availability of Data: The study may encounter challenges in accessing


    proprietary data and information from financial institutions due to confidentiality
    concerns.

    Subjectivity: As qualitative research involves interpretation of data, there is a


    possibility of researcher bias influencing the analysis and findings.

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