Enhancing Mobile DeFi Transactions Through Blockchain‎Adoption: A Pythagorean Fuzzy AHP Study

  • Authors

    • Yogesh Kumar Jain School of Management, IILM University, Greater Noida, India
    • Tan Kuan Tak Engineering Cluster, Singapore Institute of Technology, Singapore
    • Kamal Upreti Department of Computer Science, Christ University, Delhi NCR Campus, Ghaziabad, India
    • Nishant Kumar School of Business Management, Christ University, Bengaluru, India
    • Pravin R. Kshirsagar J D College of Engineering & Management, Nagpur, Maharashtra, India
    https://doi.org/10.14419/6726x143

    Received date: June 6, 2025

    Accepted date: June 29, 2025

    Published date: July 7, 2025

  • Blockchain; Cross-Border Transactions; Defi; Digital Finance; Fintech Strategy; PF-AHP

  • Abstract

    Blockchain technology has emerged as a pivotal enabler for innovation in mobile decentralized finance (DeFi) ecosystems. This study em-‎employs the Pythagorean Fuzzy Analytic Hierarchy Process (PF-AHP) to identify and rank critical enablers driving blockchain adoption for ‎enhancing mobile DeFi transactions. A structured three-stage methodology evaluates twenty-four sub-criteria across operational, managerial, ‎and strategic dimensions. Results emphasize managerially focused factors—such as reduced foreign exchange (FX) transfer costs and open-source adaptability—as the most critical enablers, followed by operational drivers like transparency. Sensitivity analysis confirmed the ro-‎robustness of these findings. The results offer actionable insights for fintech practitioners, digital strategists, and policymakers seeking to ‎optimize blockchain-based mobile financial platforms. By contributing to improved financial inclusion, operational efficiency, and regulatory ‎alignment, the study supports broader welfare enhancement in the digital economy. The proposed PF-AHP framework provides an empirical decision-making tool to guide innovation and strategic planning in financial technology services.

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    Jain , Y. K. ., Tak , T. K. ., Upreti , K. ., Kumar , N. ., & Kshirsagar, P. R. . (2025). Enhancing Mobile DeFi Transactions Through Blockchain‎Adoption: A Pythagorean Fuzzy AHP Study. International Journal of Basic and Applied Sciences, 14(2), 678-690. https://doi.org/10.14419/6726x143