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Blockchain in Digital Payments and Cryptocurrency

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Volume-10 | Recent Advances in Computer Applications and Information Technology

Last date : 25-Feb-2026

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Blockchain in Digital Payments and Cryptocurrency


Samir Bopche | Tushar Devikar



Samir Bopche | Tushar Devikar "Blockchain in Digital Payments and Cryptocurrency" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Special Issue | Recent Advances in Computer Applications and Information Technology, March 2026, pp.14-19, URL: https://www.ijtsrd.com/papers/ijtsrd101273.pdf

The Blockchain technology is really changing things in the sector. It is making a difference in digital payment systems and cryptocurrency ecosystems. The Blockchain technology is like a book that keeps track of everything. This book is not controlled by one person or one company. The Blockchain technology is a book that lots of people share. The Blockchain technology helps people record transactions in a safe way. The Blockchain technology is good because it is shared by lots of people. The Blockchain technology is a part of this change. When we talk about payments the Blockchain technology is really great. It makes things a lot faster and cheaper for people who use it. The Blockchain technology does this by taking out the men like banks and payment processors. The Blockchain technology uses hashing and consensus mechanisms to keep transactions safe. This means that it is almost impossible to change or fake transaction records. The Blockchain technology is very good at keeping transaction records sound.[1] The Blockchain technology has a security system that makes it perfect, for money transactions. The Blockchain technology is what makes it safe for people to send and receive money. These days Blockchain is really helpful because there are cyber threats and people are losing their data. The Blockchain is a way to keep transactions with the Blockchain safe. People can use the Blockchain to protect their transactions, on the Blockchain. So people can use cryptocurrencies to send money to countries really quickly. The good thing, about cryptocurrencies is that it does not cost much as it would if you were using a traditional bank to send money. Companies like Visa and Mastercard are using blockchain networks to make payments faster and cheaper. This is a deal. Visa and Mastercard are using blockchain networks for this.[7] They are also doing something with stablecoin transactions. So blockchain networks are getting used more and more. This means blockchain networks are becoming really popular in the world. People are starting to use blockchain networks, like Visa and Mastercard. Blockchain companies like Ripple are doing something cool. Ripple is actually helping people make cheap international payments. They are using a kind of technology called distributed ledger technology to do this. Blockchain has some things about it but it also has some issues. For example people are not really sure what the rules are for blockchain and it can be slow. The thing with blockchain is that it uses a lot of energy. We can make transactions around the world now. This is because of Blockchain. Blockchain is helping people everywhere get access to systems. It does not matter who they are or where they live. Blockchain is really good for things like payments and cryptocurrency. Blockchain is making a difference, in the world. Blockchain is helping people in ways.[11]

Blockchain Technology, Digital Payments,[6] Decentralization, Financial Technology, Peer-to-Peer Transactions, Cryptographic Security,[1] Cross-Border Payments, Consensus Mechanisms, Secure Payment Systems, Distributed Networks, Digital Economy.[7]


IJTSRD101273
Special Issue | Recent Advances in Computer Applications and Information Technology, March 2026
14-19
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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