ABSTRACT
The study is intended to analyze the utilization of blockchain innovation or blockchain technology (BCT) in the Indian banking sector and its advantages in financial tasks. It also covers the field examination concerning how existing BCT is pushing banks to adequately and productively screen and control the financial cycle. The final results show that COVID -19 has given a push to digitization in the sector. The sample data for the study are the 4 Commercialized banks and a number of FinTech organizations in India. Google Trend and Statista method are adopted for the study of perception of consumers. The key advantages of BCT application identified are decentralization, trust, and security in exchanges.
