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An Application of Blockchain in Stock Market

An Application of Blockchain in Stock Market

Rajit Nair, Amit Bhagat
Copyright: © 2020 |Pages: 16
ISBN13: 9781799801863|ISBN10: 1799801861|ISBN13 Softcover: 9781799801870|EISBN13: 9781799801887
DOI: 10.4018/978-1-7998-0186-3.ch006
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MLA

Nair, Rajit, and Amit Bhagat. "An Application of Blockchain in Stock Market." Transforming Businesses With Bitcoin Mining and Blockchain Applications, edited by Dharmendra Singh Rajput, et al., IGI Global, 2020, pp. 103-118. https://doi.org/10.4018/978-1-7998-0186-3.ch006

APA

Nair, R. & Bhagat, A. (2020). An Application of Blockchain in Stock Market. In D. Rajput, R. Thakur, & S. Basha (Eds.), Transforming Businesses With Bitcoin Mining and Blockchain Applications (pp. 103-118). IGI Global. https://doi.org/10.4018/978-1-7998-0186-3.ch006

Chicago

Nair, Rajit, and Amit Bhagat. "An Application of Blockchain in Stock Market." In Transforming Businesses With Bitcoin Mining and Blockchain Applications, edited by Dharmendra Singh Rajput, Ramjeevan Singh Thakur, and Syed Muzamil Basha, 103-118. Hershey, PA: IGI Global, 2020. https://doi.org/10.4018/978-1-7998-0186-3.ch006

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Abstract

Blockchain is one of the growing technologies used for financial management systems. Financial data must be kept secure otherwise it can create a huge loss. So, whenever security features or technologies are developed must keep financial security as a priority. Stock market management is another area of finance sector that works on two concepts, that is, minimize the risk and maximize the profit. In this chapter, the authors discuss how blockchain technology is used for stock market analysis. Mainly blockchain will help us to make optimal stock exchanges through automation and decentralization. Stock market across the globe is rapidly using blockchain technology for the market transaction. Some of the country is still preparing themselves to use the blockchain technology. This technology offers huge potential for tracing securities lending, margin financing, and surveillance of system risk.

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