Impact of Block Chain Technology and Its Application on the Performance of Banking Sector in Pakistan

Abstract

The major purpose of this study is to identify the impact of block chain technology and its application on the performance of banking sector of Pakistan. Design/methodology/approach There are so many variables the block chain explain the literature. Moreover, the importance of each factor is also defined for this study. Quantitative research approach used for this study and collect and gather the evidence and data with the help and assistance of adaptive questionnaire. The six sections have been set in questionnaire to gather data from targeted population. Total 150 respondents were communicated and contacted. Examining and evaluation has been done and operated by the statistical methods by means of SPSS software. Descriptive analysis and regression tests are conducted through inferential analysis and hypothesis is tested on their result that are depend on t-statistic and significance. These methods and procedures have been opted and selected carefully to know more about the topic and get data in detail, According or concerning to the nature and type of the topic. Practical Implications The conclusion and results of this journal or study can be helpful for the banking sector. It elaborates which factors and areas of block chain should be focused more for bank goes to achieve the maximum level of the financial performance. Findings The general and overall findings from this research is to examine the Impact of Block chain technology and its application on the performance of banking sector of Pakistan