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Banking and financial services have traditionally been a heavily regulated industry where technology alone has not been a sufficient factor to transform the operating architectures of the industry. The pervasive view in the financial industry has been that digitalization and its integrational...
Persistent link: https://www.econbiz.de/10012037706
FinTech is at the center. It also focuses on cryptocurrency, bitcoin, and smart contracts where the blockchain is at the … the distributions and impacts of publications in the FinTech area between 2015 and 2021 from the Scopus database. The … study found that FinTech research clustered in four areas. These areas are computer science, business management, economics …
Persistent link: https://www.econbiz.de/10013200401
Persistent link: https://www.econbiz.de/10013342551
Distributed Ledger Technologies (DLT) and their most prominent version, the blockchain, enable a new type of …
Persistent link: https://www.econbiz.de/10014577273
immutable public ledger called "blockchain." Further, the organization decides on design and strategy changes through a …
Persistent link: https://www.econbiz.de/10012217700
the manner of a decision-making process within a governance system. The technological characteristics of blockchain … far proved very difficult to seed large-scale commercial DLT (blockchain) projects lies in the arena of project ownership … both the technical design and operational development of a range of DLT (blockchain) systems, including (but not …
Persistent link: https://www.econbiz.de/10012049407
Distributed ledger technologies rely on consensus protocols confronting traders with random waiting times until the transfer of ownership is accomplished. This time consuming settlement process exposes arbitrageurs to price risk and imposes limits to arbitrage. We derive theoretical arbitrage...
Persistent link: https://www.econbiz.de/10011950432
We explore the economics and optimal design of "permissioned" distributed ledger technology (DLT) in a credit economy. Designated validators verify transactions and update the ledger at a cost that is derived from a supermajority voting rule, thus giving rise to a public good provision game....
Persistent link: https://www.econbiz.de/10012625331
Initial coin offerings have recently become one of the most important funding resources for ventures in the blockchain … from more established investors prior or during their initial coin offering. In particular, blockchain related ventures … investor continues to influence blockchain based ventures' success in the mid-term. …
Persistent link: https://www.econbiz.de/10014501482
Blockchain technology is often proposed as an infrastructure for decentralized Know-Your-Customer (KYC) verification, i ….e., a process determining whether a customer is eligible for a given transaction. The benefit of using blockchain technology … and prototypes of blockchain-based KYC-systems, they do not yet consider severe penalties that are applicable to companies …
Persistent link: https://www.econbiz.de/10014503953