Blockchain and Cryptocurrencies in Digital Payment Systems: A Review of Global Practices

Clicks: 3
ID: 283896
2025
Article Quality & Performance Metrics
Overall Quality
Not rated
Combines reader engagement with the AI quality analysis. This article has not been analysed, so there is no overall score — reader engagement is measured and shown alongside.
AI Quality Assessment
Not analyzed
Readership in this journal
Emerging

Ranked #56 of 70 articles by views in International Journal of Integrated Research and Practice

Most read Least read

Bar heights use a square-root scale.

Mint this article as an NFT
Not yet minted

Create a permanent, verifiable on-chain record of this article on the Scimatic Network. The NFT is held in your Journament account, and you can withdraw it to your own wallet at any time.

5 SUSD one-off · no wallet required
Abstract
Digital technology is rapidly transforming the financial services landscape. Payment networks are moving from cash and centralized control toward digital models that are faster and safer. Among the key innovations are blockchain and cryptocurrencies, two landscape-shaping technologies. They enable payments that are decentralized, transparent, and fast. This article conducts a literature review of international studies and cases focused on digital payment systems built on blockchain technology. It examines the evolution of these technologies, the settings in which they are deployed, and the challenges they raise. The review draws on academic research, case illustrations, and official reports to demonstrate how blockchain enhances security, speed, and trust in payments. It also evaluates risks, including market volatility, cybercrime, and difficulties with regulation. The analysis concentrates on the performance of digital currencies, central bank digital currencies (CBDCs), and cross border payments. By comparing country level practices, the paper offers insights, policy implications, and future opportunities. The study contends that when technology, regulation, and governance progress in alignment, blockchain and cryptocurrencies can enable a more inclusive and efficient payment system.
Reference Key
imported_1760529312_68ef8ba021ffd Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors Mr. Sagar Uttam Shinde
Journal International Journal of Integrated Research and Practice
Year 2025
DOI
10.25215/31075037.060
URL
Keywords Keywords not found

Citations

No citations found. To add a citation, contact the admin at info@scimatic.org

No comments yet. Be the first to comment on this article.