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Blockchain and Banking

Blockchain and Banking
Author: Pierluigi Martino
Publisher: Springer Nature
Total Pages: 109
Release: 2021-04-05
Genre: Business & Economics
ISBN: 3030709701

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This book explores blockchain technology’s impact on banks, particularly how blockchain technology can create new opportunities for banks and poses new threats to their business. The digital revolution in the banking industry, whose customers are increasingly adapting to new technologies and new types of competitors and solutions arising in the space, has had a significant impact on the banking industry over the past few years, requiring banks to substantially rethink their business models and strategies in order to cope with these developments. The rise of blockchain’s distributed ledger technology (DLT) has also played an important role since it has the potential to change the whole banking industry in faster and more disruptive ways than ever before. Born as the technology underlying Bitcoin, which has been used to allow the recording of cryptocurrencies transactions, blockchain can facilitate the process of recording any transaction type and track the movement of any asset, finding application in many different areas. Specifically, it has been acknowledged as a disruptive force in the financial sector and a key source of future financial market innovation with the potential to reshape existing business models in the financial services industry. Regarding the banking industry in particular, existing literature suggests that blockchain poses new challenges and generates opportunities as well as threats. This is pushing banks to rethink their operations, business models and strategies. However, literature in this regard is still in its infancy, and we do not yet have a clear understanding of blockchain technology’s potential implications for banks. This book expands the literature on blockchain technology in banking by providing new insights into the developments, trends and challenges of blockchain in the banking industry. In particular, sheds more light on the implications of blockchain technology for banks by discussing the advantages and disadvantages related to this technology and exploring its potential impact on traditional banking business models.


Handbook of Blockchain, Digital Finance, and Inclusion, Volume 1

Handbook of Blockchain, Digital Finance, and Inclusion, Volume 1
Author: David Lee Kuo Chuen
Publisher: Academic Press
Total Pages: 484
Release: 2017-08-03
Genre: Business & Economics
ISBN: 0128104422

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Handbook of Blockchain, Digital Finance, and Inclusion, Volume 1: Cryptocurrency, FinTech, InsurTech, and Regulation explores recent advances in digital banking and cryptocurrency, emphasizing mobile technology and evolving uses of cryptocurrencies as financial assets. Contributors go beyond summaries of standard models to describe new banking business models that will be sustainable and will likely dictate the future of finance. The volume not only emphasizes the financial opportunities made possible by digital banking, such as financial inclusion and impact investing, but it also looks at engineering theories and developments that encourage innovation. Its ability to illuminate present potential and future possibilities make it a unique contribution to the literature. Explores recent advances in digital banking and cryptocurrency, emphasizing mobile technology and evolving uses of cryptocurrencies as financial assets Explains the practical consequences of both technologies and economics to readers who want to learn about subjects related to their specialties Encompasses alternative finance, financial inclusion, impact investing, decentralized consensus ledger and applied cryptography Provides the only advanced methodical summary of these subjects available today


Financial Services Revolution

Financial Services Revolution
Author: Alex Tapscott
Publisher:
Total Pages:
Release: 2020
Genre: Banks and banking
ISBN: 9781988025513

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Blockchain in Banking

Blockchain in Banking
Author: Philipp Herrlich
Publisher: GRIN Verlag
Total Pages: 131
Release: 2022-03-03
Genre: Business & Economics
ISBN: 3346600076

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Master's Thesis from the year 2017 in the subject Business economics - Investment and Finance, grade: A, École des hautes études commerciales de Paris, language: English, abstract: As central financial intermediary, the banking industry offers a broad range of potential applications for blockchain technology. The purpose of this study is the exploration of the possible uses of blockchain in the field of commercial banking, the derivation of potential operational and strategic implications of such applications, and the uncovering of hurdles that currently stand in the way of a wider-scale implementation of the technology. The exploratory research design is based on a literature review as well as on interviews conducted with dedicated blockchain professionals. The research methodology resulted in the identification of three particularly relevant use cases of blockchain technology in commercial banking: cross-border payments, trade finance, and know-your-customer applications. Utilizing blockchain within these areas can allow commercial banks to reduce process complexity and operating cost as well to unlock additional strategic opportunities. But as of today, technological issues, the lack of a common standard, regulatory uncertainty, and cultural hurdles of organisations still prevent the implementation of blockchain in commercial banks on a wider scale.


The Future of Blockchain in Banking

The Future of Blockchain in Banking
Author: Manisha Kumari Deep
Publisher: GRIN Verlag
Total Pages: 20
Release: 2018-08-28
Genre: Business & Economics
ISBN: 3668785090

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Scientific Essay from the year 2018 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 3, , language: English, abstract: Blockchain technology which has been discovered almost a decade ago is one of the disruptive technology of the decade. Every industry is talking about it. It is the most versatile technology being used in almost every industry like pharma, cloud, retail, insurance, banking and so on. In this paper Blockchain technology has been discussed briefly highlighting its characteristics and features. The second section talks about Blockchain in Banking industry and its role and main benefits to this industry. Proceeding section lists out the banks who have successfully used Blockchain technology in their business. Third and fourth section talks about top five factors accelerating and hindering adoption of Blockchain technology and its impact on banking. Last section discusses the future of Blockchain technology in banking. All the points and aspects and have been carefully weighted and interpretation stated on why currently Blockchain cannot be adopted as mainstream technology. Keywords: Blockchain technology, Private Blockchain, Ledger, Decentralization, Dynamic Trust Management Method (DTMM), Public Blockchain Other Reads by the Author The Trial of Hope (Amazon) An Alien Land (Kobo) 2 Moms (Kobo) Unfolding Disaster (Kobo) Walk to School (Kobo) 51 Points in Raising Awesome Kids (Kobo) Organic IT Infrastructure Planning and Implementation (Amazon) Grin Books Positive Employee Recruitment and Retention Vital for Organizations Digital India Mission. Implications on Social Inclusion and Digital Citizenship Cloud Computing. DDoS, Blockchain, Regulation and Compliance Organic eLearning (OE-Learning) The Way of Prime Minister Narendra Modi's Leadership Feasibility Study between Continuous Adaptive Risk and Trust Assessment and Organic Networks I am my supervisor’s slave: Supervisor subordinate relationship is vital for organizational efficiency Brands and their Shockvertisement Strategies The Future of Blockchain in Banking Social Media Marketing: Author’s Quandary Decoded (Amazon)


Blockchain Banking

Blockchain Banking
Author: Monty C. M. Metzger
Publisher: BoD – Books on Demand
Total Pages: 370
Release: 2023-01-16
Genre: Business & Economics
ISBN: 3756282910

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Blockchain is not just a technology, it is a groundbreaking concept for decentralized money and finance. Monty Metzger has done something really important: showcasing the business impact of that concept, revealing just how revolutionary it is. In a book that is one part prophecy and future research report, one part documentation and case studies, and one part survival manual, internet entrepreneur and thought leader Monty C. M. Metzger showcases the impact of Blockchain on finance and money, to discover seven leadership opportunities and straight forward rules for every digital leader. At the same time, he illuminates the new financial order of the internet of value: how it challenges and destroys the status quo but also opens up new areas of innovation. His findings are counterintuitive, imaginative, practical, and above all visionary, giving readers a glimpse of how everyone and everything - from corporations to governments, nations to individuals - must evolve in the blockchain era. Blockchain Banking is an astonishing, mind-opening book that, in the end, is not about technology. It is about you. - "Blockchain is not just a technology, it is a groundbreaking concept for decentralized money and finance. Monty Metzger has done something really important: showcasing the impact of that concept, revealing just how revolutionary it is" "Blockchain Banking is a must-read for anyone looking to understand the opportunities and challenges of using blockchain technology in the financial industry. The book provides a clear and concise overview of the key concepts, and offers valuable insights into how businesses can use blockchain to create new, more efficient and more secure financial services." "Blockchain Banking is a thought-provoking and timely book that offers a fresh perspective on the future of finance. Monty's deep knowledge of the industry and clear writing style make it a must-read for anyone interested in the intersection of blockchain and banking."


Blockchain Technology - The Next Big Thing

Blockchain Technology - The Next Big Thing
Author: Sebastian Merz
Publisher: BoD – Books on Demand
Total Pages: 62
Release: 2021-01-07
Genre: Self-Help
ISBN: 3752658967

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Block chain, mostly known as the backbone technology behind Bitcoin, is one of the hottest and most intriguing technologies currently in the market, but what exactly is it - and can it somehow help you? Simply put, Block Chain is the digital equivalent of a banker's ledger, one that records and secures transactions between two parties. Set to cyberspace, this type of programming allows the transfer not only of data, but of value - making it a unique and fundamental building block of our emerging future. Block chain technology was originally developed in 2009 to enable individuals and organizations to process transactions without the need for a central bank or other intermediary, using complex algorithms and consensus to verify transactions. Now it has been adopted and modified by companies and start-ups the world over, and is being closely scrutinized by World Banks as the logical next step in digital finance. This book explains Block Chain in its entirety; its history, uses, potential, disadvantages and even its future. Understanding this valuable, open system is vital to creating the financial freedom you crave. Digital currency is no longer a pipe dream of the basement gamer, its real, it's here, and you need to comprehend how it moves and is secured in order to plan for a future that will see a revolution in our current banking system.


Handbook of Blockchain, Digital Finance, and Inclusion, Volume 2

Handbook of Blockchain, Digital Finance, and Inclusion, Volume 2
Author: David Lee Kuo Chuen
Publisher: Academic Press
Total Pages: 556
Release: 2017-08-16
Genre: Business & Economics
ISBN: 0128122994

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Handbook of Blockchain, Digital Finance, and Inclusion, Volume 2: ChinaTech, Mobile Security, and Distributed Ledger emphasizes technological developments that introduce the future of finance. Descriptions of recent innovations lay the foundations for explorations of feasible solutions for banks and startups to grow. The combination of studies on blockchain technologies and applications, regional financial inclusion movements, advances in Chinese finance, and security issues delivers a grand perspective on both changing industries and lifestyles. Written for students and practitioners, it helps lead the way to future possibilities. Explains the practical consequences of both technologies and economics to readers who want to learn about subjects related to their specialties Encompasses alternative finance, financial inclusion, impact investing, decentralized consensus ledger and applied cryptography Provides the only advanced methodical summary of these subjects available today


Regulatory Aspects of Artificial Intelligence on Blockchain

Regulatory Aspects of Artificial Intelligence on Blockchain
Author: Tehrani, Pardis Moslemzadeh
Publisher: IGI Global
Total Pages: 273
Release: 2021-09-24
Genre: Computers
ISBN: 1799879291

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The convergence of Artificial Intelligence (AI) in blockchain creates one of the world’s most reliable technology-enabled decision-making systems that is virtually tamper-proof and provides solid insights and decisions. The integration of AI and Blockchain affects many aspects from food supply chain logistics and healthcare record sharing to media royalties and financial security. It is imperative that regulatory standards are emphasized in order to support positive outcomes from the integration of AI in blockchain technology. Regulatory Aspects of Artificial Intelligence on Blockchain provides relevant legal and security frameworks and the latest empirical research findings in blockchain and AI. Through the latest research and standards, the book identifies and offers solutions for overcoming legal consequences that pertain to the application of AI into the blockchain system, especially concerning the usage of smart contracts. The chapters, while investigating the legal and security issues associated with these applications, also include topics such as smart contacts, network vulnerability, cryptocurrency, machine learning, and more. This book is essential for technologists, security analysts, legal specialists, privacy and data security practitioners, IT consultants, standardization professionals, researchers, academicians, and students interested in blockchain and AI from a legal and security viewpoint.


Blockchain Technology and Computational Excellence for Society 5.0

Blockchain Technology and Computational Excellence for Society 5.0
Author: Khan, Shahnawaz
Publisher: IGI Global
Total Pages: 309
Release: 2022-01-14
Genre: Computers
ISBN: 1799883841

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Blockchain is the most disruptive technology to emerge in the last decade. The evolution of cryptocurrencies has carried with it a revolution in digital economics that has catapulted the application of blockchain technology to a new level across a variety of industries, including banking, security, networking, and more. Blockchain Technology and Computational Excellence for Society 5.0 closes the gap in existing literature by presenting a selection of chapters that not only shape the research domain, but also present supportive real-life problems and pragmatic solutions. This book presents a variety of highly relevant themes, concepts, and applications in blockchain, discussing topics such as cyber security, digital currencies, and intelligent networks, fueling awareness and interest. With its insight into various platforms, techniques, and tools, this book serves as a valuable resource for academicians, researchers, research scholars, postgraduates, professors, computer scientists, and technology enthusiasts.