DEVELOPMENT OF BLOCKCHAIN-BASED PAYMENT SYSTEMS: INNOVATIVE SOLUTIONS FOR COMMERCIAL BANKS
DOI:
https://doi.org/10.60078/3060-4842-2025-vol2-iss6-pp80-86Abstract
This paper examines the implementation of blockchain technologies in the payment systems of commercial banks and evaluates their impact on operational efficiency, security, and transaction speed. Using systematic, comparative, and empirical methods, the study assesses the technological components of blockchain, its integration with payment processes, and its economic benefits. The findings demonstrate that blockchain-based mechanisms reduce payment costs, mitigate fraud risks, and enhance automation in interbank settlements
Keywords:
blockchain payment systems commercial banks digital transformation security transaction speedReferences
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