The Measurement of Blockchain Technology in Financial Reports in Commercial Banks

Nidal Zaqeeba, Hamza Alqudah, Badi S. Rawashdeh, Abdalwali Lutfi, Mahmaod Alrawad, Mohammed A. Almaiah


The objective of the present study is to measure the impact of blockchain technology on financial reports. The study utilizes a time series analysis covering eleven commercial banks listed on the Amman Stock Exchange from 2009 to 2019. Two key measures, namely other operating expenses and customer deposits are employed in the Return on Assets (ROA). The findings indicate that blockchain technology can be quantified by 0.038 of other operating expenses. However, there are no discernible indications of measuring blockchain technology through customer deposits. The study suggests that blockchain technology is a double-edged sword; when not utilized as required, it leads to increased expenses, and conversely, its effective exploitation can have cost-reducing effects. In other words, operational inefficiencies or heterogeneity are associated with elevated costs associated with implementing blockchain technology.


Doi: 10.28991/HIJ-2024-05-02-014

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Blockchain Technology; ROA; Other Operating Expenses; Customer Deposits; Financial Reports.


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DOI: 10.28991/HIJ-2024-05-02-014


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