“THE IMPACT OF BLOCKCHAIN TECHNOLOGY ON DIGITAL FINANCIAL TRANSACTIONS: OPPORTUNITIES AND CHALLENGES”

Makhmudova Shoira Mukhiddinovna

Authors

Makhmudova Shoira Mukhiddinovna Lecturer of Graduate school of Business and Entrepreneurship under the Cabinet of Ministers of the Republic of Uzbekistan

Keywords:

blockchain, financial transaction, digital security, financial technologies

Abstract

In digitization era of financial technology, blockchain technology has evolved as a transformative force reshaping how digital financial transactions are processed and verified. Blockchain is a system for managing data that records transactions between multiple parties securely and transparently. This article analyzes the impact of blockchain on transfers, its production and existing production.