ABSTRACT

A number of specialists and experts emphasized the importance of keeping abreast of the global development of the use of blockchain technology, which emerged in 2008 and was created as an encrypted series, with various transactions recorded, to be decentralized so that transactions between users are allowed directly without the need for third parties or intermediaries, stressing the need for banks to adopt the Block Qin technology. This Block Qin technology will enhance the performance of banking services and upgrading, and has caused and make a real breakthrough in the world of the digital economy, in addition to sectors such as e-commerce and remittances, smart city infrastructure, real estate, trade, education, health, and other fields.