Blockchain Technology in Financial Transactions: Impacts on Trust and Transparency

Analysis Research

Open Access

Peer-reviewed

Blockchain Technology in Financial Transactions: Impacts on Trust and Transparency

Dr. Lakshmipathaiah M.G.

DIP: 18.02.32/20261101

DOI: 10.25215/2455/110132

Received: December 15, 2025; Revision Received: March 28, 2026; Accepted: March 31, 2026

Abstract

Blockchain technology has emerged as a revolutionary force in the realm of financial transactions, promising enhanced trust and transparency. This paper explores the implications of block chain on the financial sector, particularly focusing on how its decentralized nature fosters trust among participants while providing an immutable record of transactions. Through a comprehensive review of existing literature and a conceptual framework, we analyze the challenges and benefits associated with the integration of block chain technology into financial systems. The findings suggest that while block chain can significantly improve transparency and reduce fraud, there are still hurdles to overcome, including regulatory concerns and technological barriers.

Keywords

The author(s) appreciates all those who participated in the study and helped to facilitate the research process.

The author(s) declared no conflict of interest.

This is an Open Access Research distributed under the terms of the Creative Commons Attribution License (www.creativecommons.org/licenses/by/2.0), which permits unrestricted use, distribution, and reproduction in any Medium, provided the original work is properly cited.

Responding Author Information

Dr. Lakshmipathaiah M.G. @ lakshmipathaiahmg@gmail.com

Blockchain Technology in Financial Transactions: Impacts on Trust and Transparency

Total Download: 0 | Total View: 21

PlumX Matrix

Plum Analytics uses research metrics to help answer the questions and tell the stories about research. Research metrics that immediately measure awareness and interest give us new ways to uncover and tell the stories of research.

Dimensions Matrix

Dimensions is a next-generation linked research information system that makes it easier to find and access the most relevant information, analyze the academic and broader outcomes of research, and gather insights to inform future strategy. (digital science)

Article Overview

ISSN 2455-670X

DIP: 18.02.32/20261101

DOI: 10.25215/2455/110132

Published in

Volume 11, Issue 1, January – March, 2026

0Downloads
0Citations
21Views
0Likes