Blockchain and financial performance: empirical evidence from major Australian banks
This study investigates the impact of blockchain technology adoption on the financial performance of major Australian banks, specifically Commonwealth Bank, Westpac, and ANZ, from 2016 to 2023. Using a descriptive research design and secondary data from annual reports, financial performance was asse...
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| Format: | Article |
| Language: | English |
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Frontiers Media S.A.
2025-04-01
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| Series: | Frontiers in Blockchain |
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| Online Access: | https://www.frontiersin.org/articles/10.3389/fbloc.2025.1463633/full |
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| _version_ | 1850172948477902848 |
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| author | Rula Almadadha |
| author_facet | Rula Almadadha |
| author_sort | Rula Almadadha |
| collection | DOAJ |
| description | This study investigates the impact of blockchain technology adoption on the financial performance of major Australian banks, specifically Commonwealth Bank, Westpac, and ANZ, from 2016 to 2023. Using a descriptive research design and secondary data from annual reports, financial performance was assessed through Return on Assets (ROA) and Return on Equity (ROE). The findings indicate a positive relationship between blockchain adoption and improved financial performance, suggesting gains in efficiency, cost management, and profitability. The study focuses on the Australian banking sector within its unique regulatory and market context. The originality of this research lies in its localized empirical approach, providing context-specific evidence of blockchain’s strategic contribution to financial performance in banking. |
| format | Article |
| id | doaj-art-d44f23e9657b4c8c8bc2a9f0add40f5c |
| institution | OA Journals |
| issn | 2624-7852 |
| language | English |
| publishDate | 2025-04-01 |
| publisher | Frontiers Media S.A. |
| record_format | Article |
| series | Frontiers in Blockchain |
| spelling | doaj-art-d44f23e9657b4c8c8bc2a9f0add40f5c2025-08-20T02:19:57ZengFrontiers Media S.A.Frontiers in Blockchain2624-78522025-04-01810.3389/fbloc.2025.14636331463633Blockchain and financial performance: empirical evidence from major Australian banksRula AlmadadhaThis study investigates the impact of blockchain technology adoption on the financial performance of major Australian banks, specifically Commonwealth Bank, Westpac, and ANZ, from 2016 to 2023. Using a descriptive research design and secondary data from annual reports, financial performance was assessed through Return on Assets (ROA) and Return on Equity (ROE). The findings indicate a positive relationship between blockchain adoption and improved financial performance, suggesting gains in efficiency, cost management, and profitability. The study focuses on the Australian banking sector within its unique regulatory and market context. The originality of this research lies in its localized empirical approach, providing context-specific evidence of blockchain’s strategic contribution to financial performance in banking.https://www.frontiersin.org/articles/10.3389/fbloc.2025.1463633/fullblockchain technologyreturn on assets (ROA)return on equity (ROE)banking sectorfinancial performace |
| spellingShingle | Rula Almadadha Blockchain and financial performance: empirical evidence from major Australian banks Frontiers in Blockchain blockchain technology return on assets (ROA) return on equity (ROE) banking sector financial performace |
| title | Blockchain and financial performance: empirical evidence from major Australian banks |
| title_full | Blockchain and financial performance: empirical evidence from major Australian banks |
| title_fullStr | Blockchain and financial performance: empirical evidence from major Australian banks |
| title_full_unstemmed | Blockchain and financial performance: empirical evidence from major Australian banks |
| title_short | Blockchain and financial performance: empirical evidence from major Australian banks |
| title_sort | blockchain and financial performance empirical evidence from major australian banks |
| topic | blockchain technology return on assets (ROA) return on equity (ROE) banking sector financial performace |
| url | https://www.frontiersin.org/articles/10.3389/fbloc.2025.1463633/full |
| work_keys_str_mv | AT rulaalmadadha blockchainandfinancialperformanceempiricalevidencefrommajoraustralianbanks |