Cross-Industry Blockchain Technology: Opportunities and Challenges in Industry 4.0

Distributed Ledger Technology and its Potential Applications - Financial Sector

Author(s): Sachin Sharma* and Kamal Kumar

Pp: 18-46 (29)

DOI: 10.2174/9789815051452122010004

* (Excluding Mailing and Handling)


The concept of blockchain has shown tremendous potential and growth in the last decade. The terms such as blockchain and digital ledger technology are used interchangeably. Many research efforts have been madto explain and harness the benefits of digital ledger technology for the financial sector. Digital currency or cryptocurrency is a technological currency based on the block chain concept.

Keywords: Bitcoin, Blockchain, Digital Currencies, Digital Ledger Technology, Financial Inclusion, Financial Sector, Smart Contracts.

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