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Financial Risk and Management Reviews

March 2021, Volume 7, 1, pp 26-35

A Blockchain Research Review

Mohammad Tariq Hasan


Mahadi Hasan Miraz


Farhana Rahman Sumi


Shumi Sarkar

Mohammad Tariq Hasan 1

Mahadi Hasan Miraz 2

Farhana Rahman Sumi 3 Shumi Sarkar 3 

  1. Assistant Professor, School of Business and Economics, United International University (UIU), Bangladesh. 1

  2. Assistant Principle, Inasis YAB and Muamalat, Universiti Utara Malaysia (UUM), Malaysia. 2

  3. Assistant Professor, Department of Business Studies, University of Information Technology and Sciences (UITS), Bangladesh. 3

Pages: 26-35

DOI: 10.18488/journal.89.2021.71.26.35

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Article History:

Received: 08 June, 2021
Revised: 12 July, 2021
Accepted: 16 August, 2021
Published: 06 September, 2021


Blockchain technology was first introduced as Bitcoin’s underlying technology which is one type of distributed ledger that consists of replicated, shared, and synchronized data over the Internet. This study extends prior studies on blockchain. A fundamental framework for a blockchain research classification was proposed by analyzing 230 articles related to the study of blockchain published in Asia and around the world from 2016 to 2020. The study applies a comprehensive meta-analysis based on findings, literature sources, research objectives, research methods, and context. The objective of the study is to summarize the current blockchain research, its constraints, and future trends. Meta-analysis is characterized by the process of theory construction. It is a powerful tool to analyze the literature in a descriptive form which will guide for further study. Research shows that the study at home is more decentralized, non-systematic, and has failed to gain a certain research depth—Moreover, it lacks quantitative analysis. Future research will focus on digital currency, Internet financing, and the risk of blockchain technology research.
Contribution/ Originality
This study contributes to the existing literature by examining the previous studies in the period of 2016-20 which help us to comprehend the scope of study on blockchain.


Blockchain, Meta-analysis, Cryptocurrency, Bitcoin,Decentralize, Technology.


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This study received no specific financial support.

Competing Interests:

The authors declare that they have no competing interests.


All authors contributed equally to the conception and design of the study.

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