AUTHOR=Almadadha Rula 

TITLE=Blockchain and financial performance: empirical evidence from major Australian banks

JOURNAL=Frontiers in Blockchain

VOLUME=Volume 8 - 2025

YEAR=2025

URL=https://www.frontiersin.org/journals/blockchain/articles/10.3389/fbloc.2025.1463633

DOI=10.3389/fbloc.2025.1463633

ISSN=2624-7852

ABSTRACT=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.