BLOCKCHAIN TECHNOLOGY IN ETC: ENHANCING SECURITY AND TRANSPARENCY IN FINANCIAL TRANSACTIONS
Keywords:
Blockchain, Security, Data, Financial, ETC, TechnologyAbstract
In this paper, we explore the potential of blockchain technology to enhance security and transparency in financial trans- actions within the ETC ecosystem. We discuss the advantages that blockchain technology brings, including decentralization, immutability, and cryptographic security. We also review specific use cases in the financial industry where blockchain technology has been successfully implemented and examine how these applications can be adapted for ETC. Additionally, we analyze recent security breaches in the blockchain ecosystem and evaluate their impact on the financial sector. Blockchain technology has the potential to revolutionize the way financial transactions are conducted, providing enhanced security and transparency.
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Copyright (c) 2024 Pankaj Lembhe (Author)
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
