https://doi.org/10.1051/epjconf/202532801061
A Review Towards the Changing Landscape of Financial Institutions by Using Blockchain Technology
1 P. R. Pote Patil Collège of Engineering & Management, Amravati, India
2 Prof Ram Meghe Institute of Technology & Research, Badnera-Amravati - 444707, India
* Corresponding author: ravisha.kapdiya@gmail.com
Published online: 18 June 2025
Modern age banking systems has the utilities of the digital world but having said that, it also suffered from its challenges & limitations. Basically, the structure of today’s banking system is driven by traditional client-server interactions, here system became heavily dependent upon central servers and it’s concerning information. The challenges like KYC compliance, fraud detection, manipulation of records and many more are the prime concerns to address in present banking systems. Here Blockchain Technology plays a vital role to overcome the limitations of existing banking systems and provide revolutionized changes in traditional banking systems. This paper based on various Blockchain Technology utilities which can provide a safer & easier prospective to the future banking landscape.
© The Authors, published by EDP Sciences, 2025
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.