Abstract

Blockchain technology is a distributed network on decentralized machines that allows transactions to be carried out and validated. The term blockchain has been used in various ways in the banking market for several years. By considering the architecture of the blockchain and the banking infrastructure, we can attest that the blockchain is a solution par excellence for securing banking transactions. In this study we will sketch the existing banking transaction security protocols, their vulnerabilities, then we will present the blockchain and finally go through a practical case of its mode of use.

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