
Research on the Comparative Advantage of Blockchain Payment Systems
Abstract The Blockchain technology is a decentralized information communication technology which is with a huge potential application in the field of cross border payment, investment and all other financial transactions. This paper is to study the huge advantage of Blockchain decentralized point to point payment technology over traditional SWIFT systems. All aspects of the comparison are investigated comprehensively include the mechanism, cost, supervision, currency, and transaction speed and all others which is trying to provide some insights for the future development of blockchain payment system and its all-other applications.Note: Citation statistics will only be available once the article is indexed in Google Scholar.