scholarly journals A Secure E-wallet System Using Block Chain

2021 ◽  
pp. 454-466
Author(s):  
Kartik Sarwan ◽  
Sanket Thore ◽  
Niranjan Satav ◽  
Pruthviraj Kamble ◽  
Dibyo Mandal
Keyword(s):  
Group Action ◽  
Banking Sector ◽  
Prime Minister ◽  
Business Group ◽  
Distributed Network ◽  
Indian Government ◽  
Academic Degree ◽  
Business Applications ◽  
Distributed Ledger ◽  
Block Chain

In 2016, the Indian government, diode by Prime Minister Narendra Singh Modi, academic degree announced that the nations two highest-denomination bank notes would stop to be legal tenders. At the time, the two denominations accounted for roughly eighty 600 of cash in circulation in India. those that possessed the banknotes were to deposit them among the bank. With the move, the Indian government aimed to penalize tax evaders wanting back. The logic was that people with hoards of black money would have to be compelled to answer queries if they tried to deposit the demonetized banknotes. Banking and technology unit really closely associated and innovations have changed banking drastically over the number of it slow. The digital innovations among the banking sector started with the introduction of money that replaced the barter system then the gradual replacement of wax seal with digital signatures. One such troubled innovation that's dynamic the banking sector globally is Block chain Technology (BCT). Block chain is shared distributed ledger that stores business group action to a permanent unbreakable chain which may be viewed by the parties during a group action. Block chain technology has the potential to disrupt the nancial business applications because it provides permanent and tamper proof recording of transactions during a distributed network.

scholarly journals The Revocation of Kashmir’s Special Status by Narendra Modi Administration in 2019

2020 ◽  
Vol 3 (2) ◽  
pp. 130-155
Author(s):  
Fitri Adi Setyorini ◽  
Takdir Ali Mukti
Keyword(s):  
Qualitative Research ◽  
Political Economy ◽  
International Relations ◽  
Local Governments ◽  
Prime Minister ◽  
Business Group ◽  
Indian Government ◽  
Economic Interests ◽  
National Market ◽  
Regulatory Barriers

Kashmir has a special status under Article 370 and 35A of the Indian Constitution, which granted special autonomy of Kashmir. The paper examines the reasons behind the Indian government's policy under Indian Prime Minister Narendra Modi to revoke the special status of Kashmir. The question is, why the Indian government revoked the special status of Kashmir in 2019 when the special status has been entrenched in the last 73 years ago. The objective of this research is to identify the reasons behind the Indian government's policy to revoke the special status of Kashmir. By a qualitative research, the findings show that the existence of economic interests is the background for revoking the special status of Kashmir. The research argues that the Indian business group (Taipan) as a major milestone in the success of Narendra Modi campaigns in 2014 and 2019 elections, demanding the Indian government to eliminate regulatory barriers between the center and the regions, to create a national market without any restrictions. Demands given by Taipan cause the dynamics between the central and local governments. This research is expected to assist the development of international relations in political economy studies.

scholarly journals A Block Chain Based Framework to Enhance Security against Cyber Attacks

2019 ◽  
Vol 8 (4) ◽  
pp. 7485-7488
Keyword(s):  
Cyber Security ◽  
Banking Sector ◽  
Cyber Attacks ◽  
Comprehensive Overview ◽  
Iot Security ◽  
Detection Techniques ◽  
Distributed Ledger ◽  
Protection Mechanisms ◽  
Block Chain ◽  
Major Attention

Block chain has drawn major attention recently in the area of cyber security. Till to date many detection techniques and protection mechanisms have been proposed to enhance the security. In this paper we have proposed an overview of distributed ledger framework, block chain to defense against the cyber attacks. We here present a comprehensive overview of block chain architecture and some major algorithms used in different block chains. The future trends of block chain technology in the applications such as IoT security, E-voting, Banking sector has also coined out in this paper.

Impediments to Blockchain Adoption

2022 ◽  
Author(s):  
Deniz Appelbaum ◽  
Eric Cohen ◽  
Ethan Kinory ◽  
Sean Stein Smith
Keyword(s):  
Seminal Paper ◽  
Digital Currency ◽  
Business Operations ◽  
Business Applications ◽  
Distributed Ledger ◽  
Distributed Ledger Technology ◽  
Block Chain

Satoshi Nakamoto (2008) published a seminal paper on a promising digital currency application and proposed a distributed ledger technology (DLT) to support it. Shortly thereafter, in 2009, bitcoin and the customized DLT that supports it were established. Although the DLT described by Nakamoto (2008), which packages data into blocks that are then cryptographically chained together (i.e., "block chain", or "blockchain"), possesses features that are desirable for some business applications and/or their auditors, over a dozen years later there is not yet a widescale adoption of blockchain for business operations. This paper explores functionality, data and process integrity, and regulatory concerns as potential explanations for the lag in mainstream business and accounting adoption. We also contextualize some of the concerns that are likely to have delayed blockchain implementation by providing a framework of questions directed at both researchers and practitioners.

scholarly journals A fabric architecture towards block chain application using hyper ledger

2018 ◽  
Vol 7 (2.20) ◽  
pp. 83 ◽  
Author(s):  
Md Haseeb ◽  
K Raja Sekhar ◽  
Y V. Spandana ◽  
M Syam
Keyword(s):  
Business Models ◽  
State Machine ◽  
The State ◽  
Distributed Ledger ◽  
Block Chain ◽  
Fabric Architecture ◽  
State Machine Replication ◽  
Main Factor

Block chain is a trust which can be best understood by the state machine replication, It is decentralized distributed ledger which is along all peers in the network connected through nodes over Internet. Every Node in the chain have equal stake and also the main factor is every node which have greater CPU cycles has a chance to operate node by spending those CPU cycles and also show Proof Of Work. Hence when the block chain is used in Business Models it loses its Private transactions and Confidential Contracts.  

scholarly journals Service Quality Analysis of Banks in Rajasthan Post Financial Inclusion Program

2021 ◽  
Vol 18 ◽  
pp. 396-401
Author(s):  
Shailja Khanduri
Keyword(s):  
Service Quality ◽  
Service Sector ◽  
Banking Sector ◽  
Financial Inclusion ◽  
Quality Analysis ◽  
Indian Government ◽  
Public And Private ◽  
Reliability Factor ◽  
Indian Banks ◽  
Public And Private Sector

This study applies SERVQUAL analysis to measure the service quality offered by Indian banking sector in the Indian state of Rajasthan. This study was performed 5 years after the launch of national mission for financial inclusion by Indian government. Both the public and private sector banks were incorporated in the study. Respondents are mostly from the urban background spread over various cities in Rajasthan. The dimensions studied are tangibility, reliability, responsiveness, assurance and empathy. The average SERVQUAL score was found to be -0.189 and the results reveal about 95.22% customers’ expectations were met. The empathy factor satisfying customers’ expectations (99.28%) shows the tremendous quality of personal handling in Indian banks service sector, while the lowest score on the reliability factor (89.63%) gives an idea of customer’s concerns regarding reliability of services in Indian banking sector. Overall, the present study finds that Indian urban banks average performance vis-à-vis the five service quality dimensions is quite satisfactory

Blockchain as a Disruptive Technology

2020 ◽  
pp. 130-173
Author(s):  
Gopala Krishna Behara ◽  
Tirumala Khandrika
Keyword(s):  
Digital Signature ◽  
Disruptive Technology ◽  
Distributed Network ◽  
Blockchain Technology ◽  
Distributed Ledger

Blockchain is a digital, distributed, and decentralized network to store information in a tamper-proof way with an automated way to enforce trust among different participants. An open distributed ledger can record all transactions between different parties efficiently in a verifiable and permanent way. It captures and builds consensus among participants in the network. Each block is uniquely connected to the previous blocks via a digital signature which means that making a change to a record without disturbing the previous records in the chain is not possible, thus rendering the information tamper-proof. Blockchain holds the potential to disrupt any form of transaction that requires information to be trusted. This means that all intermediaries of trust, as they exist today, exposed to disruption in some form with the initiation of Blockchain technology. Blockchain works by validating transactions through a distributed network in order to create a permanent, verified, and unalterable ledger of information.

scholarly journals Competition in the Indian Banking Sector: A Panel Data Approach

2019 ◽  
Vol 12 (3) ◽  
pp. 136 ◽  
Author(s):  
Zhiheng Li ◽  
Shuangzhe Liu ◽  
Fanda Meng ◽  
Milind Sathye
Keyword(s):  
Public Sector ◽  
Panel Data ◽  
Foreign Investment ◽  
Banking Sector ◽  
Monopolistic Competition ◽  
Indian Government ◽  
Banking Market ◽  
Bank Ownership ◽  
Policy Measures ◽  
Privately Owned

The paper aims to assess the level of competition in the Indian banking sector overall as well as within the three groups of banks: foreign owned, state owned (public sector), and privately owned. We use panel data for the period from 2005–2018. We found that the overall competition in the Indian banking sector is strong, although there are differences by type of bank ownership. The Indian banking market continues to be characterized by monopolistic competition. The various policy measures taken by the Indian government in recent years appear to have helped boost competition. A policy suggestion would be to further liberalize the banking sector for foreign investment.

Fast growth may avert foreign banks' exit from Hungary

2015 ◽  
Keyword(s):  
Financial Institutions ◽  
Banking Sector ◽  
Prime Minister ◽  
Foreign Banks ◽  
Content Type ◽  
Balance Sheets ◽  
Government Relations ◽  
Local Currency ◽  
Wait And See ◽  
The Government

Subject Prospects for the banking sector. Significance The government is buying a 30% stake in the Austrian lender Erste Bank under a memorandum of understanding (MoU) with the European Bank for Reconstruction and Development (EBRD). The MoU signifies a volte-face by Prime Minister Viktor Orban, whose relationship with foreign-owned banks has been fraught with difficulties since the imposition of a levy on financial institutions in 2010 that drove down earnings and achieved notoriety as one of the highest taxes of its kind in Europe. The government has pledged to reduce the bank tax during 2016-19. Impacts The MoU may not redefine government relations with foreign banks, but could mean more activity on the market by institutional investors. Banks will clean up balance sheets, adopting a 'wait and see' strategy until FX debt relief peters out and the bank tax starts to fall. A return to profitability is unlikely before 2016; much depends on an uptake in corporate and household loans denominated in local currency.

Indian Banking Sector Reforms: Review and Prospects

2005 ◽  
Vol 8 (2) ◽  
pp. 167-189 ◽  
Author(s):  
Tae Hwan Yoo
Keyword(s):  
Economic Growth ◽  
Interest Rate ◽  
Foreign Exchange ◽  
Banking Sector ◽  
Banking Industry ◽  
Indian Government ◽  
Reform Policy ◽  
Public Sector Banks ◽  
Positive Effects ◽  
Interest Rate Deregulation

Development in the financial sector, in particular, the banking sector, plays a key role in stimulating and stabilizing economic growth. Since the foreign exchange crisis in 1991, India has undertaken banking sector reforms. This paper focuses on the following two issues. First, I provide an overview of development in the banking sector over the years, especially after the implementation of the reform policy programs. In order to show the evolution of the Indian banking sector, I examine the reserve ratios reduction, interest rate deregulation, and ratios of non-performing assets. Second, this paper investigates the performance of banking groups by comparing the degree of profitability, and the soundness and efficiency of banks in India. In conclusion, while reform policies have had positive effects on the performance of banks, especially Public Sector Banks in India, the Indian government has to take further steps to deregulate and liberalize the banking industry.

scholarly journals IOTA-Next Generation Block chain

2018 ◽  
Vol 7 (04) ◽  
pp. 23823-23826 ◽  
Author(s):  
Divya M ◽  
Nagaveni B. Biradar
Keyword(s):  
Data Structure ◽  
Directed Acyclic Graph ◽  
Next Generation ◽  
Acyclic Graph ◽  
Distributed Ledger ◽  
Block Chain

IOTA is a revolutionary new, next generation public distributed ledger that utilizes a novel invention, called a “Tangle”, at its core. The Tangle is a new data structure based on a Directed Acyclic Graph (DAG). As such it has no Blocks, no Chain and also no Miners. Because of this radical new architecture, things in IOTA work quite differently compared to other Blockchains.

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