Blockchain Technology and Its Potential to Transform Financial Systems and Supply Chains

Authors

  • Nguyen Van Tuan Faculty of Information Technology, Can Tho University, Vietnam Author
  • Le Thi Lan Department of Computer Science, Thai Nguyen University, Vietnam Author
  • Tran Minh Quang School of Engineering, Hue University, Vietnam Author

Keywords:

Blockchain Technology, Financial Systems, Supply Chains, Transparency, Security

Abstract

Blockchain technology, originally developed as the underlying technology for Bitcoin, has evolved into a revolutionary tool with the potential to transform various industries, particularly financial systems and supply chains. This research article explores the fundamental principles of blockchain technology, its applications in financial systems and supply chains, and the potential benefits and challenges associated with its adoption. The article also presents three related tables that summarize key findings, comparative analyses, and potential use cases. The research concludes that blockchain technology holds significant promise for enhancing transparency, security, and efficiency in financial systems and supply chains, but its widespread adoption will require addressing technical, regulatory, and organizational challenges.

Author Biography

  • Tran Minh Quang, School of Engineering, Hue University, Vietnam

     

     

     

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Published

2025-02-23

Issue

Vol. 3 No. 1 (2025): Journal of Computing Innovations and Applications

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

[1]
Nguyen Van Tuan, Le Thi Lan, and Tran Minh Quang, “Blockchain Technology and Its Potential to Transform Financial Systems and Supply Chains”, Journal of Computing Innovations and Applications, vol. 3, no. 1, pp. 1–7, Feb. 2025, Accessed: Mar. 13, 2025. [Online]. Available: https://ciajournal.com/index.php/jcia/article/view/2