April 2024
Intermediate to advanced
464 pages
13h 44m
English
book
Meta-Heuristic Algorithms for Advanced Distributed Systems
by Rohit Anand, Abhinav Juneja, Digvijay Pandey, Sapna Juneja, Nidhi Sindhwani
Content preview from Meta-Heuristic Algorithms for Advanced Distributed Systems
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17Optimizing Financial Transactions and Processes Through the Power of Distributed Systems
K. Bhavana Raj1, Kamakshi Mehta2, Someshwar Siddi3, M.K. Sharma4, Dilip K. Sharma5, Sunil Adhav6, and José L.A. Gonzáles7
1Department of Management Studies, Institute of Public Enterprise, Hyderabad, India
2TAPMI School of Business, Manipal University, Jaipur, Rajasthan, India
3St. Martin’s Engineering College, Secunderabad, Telangana, India
4Department of Mathematics, Chaudhary Charan Singh University, Meerut, Uttar Pradesh, India
5Department of Mathematics, Jaypee University of Engineering and Technology, Guna, Madhya Pradesh, India
6Faculty of Management (PG), Dr. Vishwanath Karad, MIT World Peace University, Pune, Maharashtra, India
7Department of Business, Pontifical Catholic University of Peru, Lima, Peru
17.1 Introduction
Multiple computers can work together as one system thanks to a type of computing architecture called distributed systems (DSs). The increased speed, efficiency, and security this offers financial transactions (FT) can be very advantageous. Traditional systems can’t handle FT as quickly or as reliably as DSs can, which reduces the chance of fraud or mistakes. Blockchain technology (BT), which serves as the basis for digital currencies like Bitcoin and Ethereum, is among the most well-known instances of distributed networks in the world of finance. This has made it a seductive alternative for financial organizations looking to increase the security and transparency ...
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