Study of the Impacts of Block Chain Technology on Private Sector Banks Performance
Blockchain considered as key technology for multiple applications including finical, health care, lifestyle, etc. The computing technology development has encouraged more technology to incorporate the blockchain into their infrastructure from these technologies is the cryptocurrency, vehicle network and smart cities. In this paper, blockchain applications in cryptocurrency including the Bitcoin and Ethereum is discussed. Information technology systems alike machine learning based forecasting system incorporation with blockchain technology has great impact on the social acceptance of the cryptocurrency based blockchain system. Paper also discusses the impact of this technology in finical sectors e.g. private banks.
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