Author(s): Oliver Grant
Blockchain technology and cryptocurrencies have significantly transformed financial markets by introducing decentralized systems, enhancing transparency, and reducing transaction costs. This paper explores the evolution of financial markets under the influence of block chain and digital currencies, analysing key applications such as decentralized finance (DeFi), smart contracts, and cross-border payments. It examines the challenges, including regulatory concerns, volatility, and cyber security risks, and highlights strategies for leveraging block chain to improve market efficiency, liquidity, and investor trust. The study underscores the potential of block chain and cryptocurrencies to reshape traditional financial systems and foster innovation in digital finance.