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Research Article

EEO. 2021; 20(1): 1604-1609


A Study on Blockchain Technology Makes Inroads Into the Stock Market of India

Dr. Shaista Anwar.


Abstract

Blockchain technology is one of the fast growing technologies used for the financial sector now days. Financial information is very sensitive and always organizations try to keep them secret and secure otherwise it can create a big loss and hazard. Stock market is most important financial sector that works on two concepts; one is to increase the profit and second is to reduce the risk. In this research paper I try to discuss how blockchain technology is gaining importance in stock market. Mainly blockchain will help us to make optimal stock exchanges through automation and decentralization. Across the globe in each and every sector blockchain technology make inroads, so stock market also. Some of the country is still preparing them to use the blockchain technology. This Technology offers a big amount of security especially in financial sector dealing in money matters with customers.

Key words: stock exchange; blockchain; decentralization; smart contract






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