₦airaland Forum

Satoshi Nakamoto, 2008. In the paper Bitcoin: A Peer to Peer Electronic Cash System, Nakamoto introduced blockchain as a decentralized ledger technology capable of recording financial transactions securely without relying on centralized authorities. The study demonstrated how cryptographic hashing and distributed consensus mechanisms can prevent transaction tampering and double spending.
Don Tapscott and Alex Tapscott, 2016. Their work Blockchain Revolution emphasized blockchain’s potential to transform financial institutions by improving security, reducing fraud, and enhancing trust in financial transactions.
Arvind Narayanan et al, 2016. The book Bitcoin and Cryptocurrency Technologies examined the technical foundations of blockchain systems and their ability to provide cryptographic security for financial networks

Chen, L., 2018. Mohd Javaid. 2022 · A review of Blockchain Technology applications for financial services, highlighted that Blockchain applications in banking may be easier to use and less expensive. Stating that Security with blockchain technology is among the many aspects that encourage banking. The paper identifies and evaluates the significant applications of Blockchain technology in financial services. Credit reports significantly impact the financial lives of customers.

Erwin Alampay A., 2010. Security Risks in Mobile Banking: Analysis. In this paper the author investigated the interface between telecommunication and banking regulations and policies to provide safeguards without hindering the industry. The author only concentrated on the risks involved, the possible origin of risks and how to avert it. The research focused more on banking regulations.