Purpose - The description of "blockchain banking", the determination of "the sub-processes" of "blockchain banking" as a "business process", and the assessment of "maturity level" in Parsian Bank. Design/methodology/approach - Theoretical sources on "blockchain banking" were initially...

This paper analyzes revenue and welfare effects of implementing a FAT both from a theoretical and a quantitative perspective. The theoretical analysis allows us to derive expressions for the revenue effects and the deadweight loss in a general equilibrium setting, which can be quantified with a...