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One of the best-known innovations of the recent past is blockchain. Due to its usability, it has generated considerable … future. This demonstrates a great necessity to deal with blockchain with respect to market position and competition. This … paper aims to provide insight into the current potential of blockchain applications in banking procedures. The benefits of …
Persistent link: https://www.econbiz.de/10014520697
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particular; and explores the promise for widespread application of Bitcoin's underlying blockchain technological platform to the …. Third, there is an explanation of blockchain technology - what it is and why it is important. Fourth, the article discusses … recent developments that provide a validation of blockchain application to financial services markets. Finally, there is a …
Persistent link: https://www.econbiz.de/10012969178
the fundamental (and still poorly understood) role played by innovation in the finance-growth nexus. …
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INTRODUCTION -- Chapter 1 Fintech and Banking: An Overview. SECTION I: FINANCIAL TECHNOLOGIES AND THEIR EFFECTS ON THE BANKING INDUSTRY -- Chapter 2 Centralized and Decentralized Finance: Coexistence or Convergence? -- Chapter 3 Fintech and the Digital Transformation of the Banking Landscape --...
Persistent link: https://www.econbiz.de/10013555452
Blockchain is one of the most disruptive innovations in the field of technology in 21st century. Blockchain, a … three key properties of Blockchain technology, Decentralization, Transparency and Immutability have created a huge impact on … the banking and finance industries. As technology is the main driving force in Blockchain and its various applications, it …
Persistent link: https://www.econbiz.de/10013216035
This paper presents an analytical framework that describes the business model of banks. It draws on the classical theory of banking and the literature on digital transformation. It provides an explanation for existing trends and, by extending the theory of the banking firm, it illustrates how...
Persistent link: https://www.econbiz.de/10012594546
Bitcoin is the most successful cryptocurrency and one of the best types of private money ever. The blockchain … peculiarities. Notarization and trust anchoring are presented as the only relevant non-monetary blockchain applications. Finally …
Persistent link: https://www.econbiz.de/10012935626
This paper is to summarize the literature on finance-innovation link and produce evidence that the development of … banking sector in Russia is to foster innovation process. Finance-innovation link is a new and scarcely covered issue …. Nevertheless it is conventional wisdom that stock market institutions are preferable for financing innovation. But researchers …
Persistent link: https://www.econbiz.de/10013106693