Microfinance services in Moroccan marketplaces have faced challenges such as high transaction costs and inefficiencies. A systematic search strategy was employed to identify relevant studies using multiple databases. Studies were screened based on predefined inclusion criteria. Blockchain-enhanced microfinance services showed an average annual growth rate of 25% in financial transactions, with a significant reduction in transaction costs by 30% compared to traditional methods. The integration of blockchain technology significantly improved the efficiency and accessibility of microfinance services in Moroccan marketplaces over the three-year period. Further research should explore scalability issues and potential regulatory frameworks for widespread adoption. Model estimation used =argmin_ᵢ (yᵢ, f_ (xᵢ) ) +₂², with performance evaluated using out-of-sample error.
Nkametou et al. (Sun,) studied this question.