Frontiers in Blockchain, Journal Year: 2025, Volume and Issue: 8
Published: April 30, 2025
The rapid advancement of Blockchain technology has significantly benefited banks with more efficiency, highly secured activities, compliance, fraud prevention, and risk control. All previous studies focused on stakeholders’ perceptions ignored measuring the value blockchain adoption. This study addresses this gap by quantifying rating blockchain’s impact reducing banking transaction costs. data been collected from 17 20 United Arab Emirates national over 2017–2023 analyzed using random forest method to assess association between adoption four cost elements. technique accurately quantifies classifies role in reduction. findings indicate that reduces processing, transfer, a visible practical theoretical contribution as it shifts focus impact, providing useful insights for managers, suggesting future research across different sectors countries.
Language: Английский