Systematic Literature Review on Application of Blockchain Technology in E-Finance and Financial Services

Blockchain is thought to be the most recent innovation in technology. Trust is especially important in areas like the banking sector. Blockchain technology is a decentralised, coded security system which permits the development of novel digital platforms and services using this developing technolog...

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Autores principales: Sonal Trivedi, Kiran Mehta, Renuka Sharma
Formato: article
Lenguaje:EN
ES
Publicado: Universidad Alberto Hurtado 2021
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Acceso en línea:https://doaj.org/article/ca004d48ce7e44b19266694c67f440d8
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spelling oai:doaj.org-article:ca004d48ce7e44b19266694c67f440d82021-12-02T03:14:38ZSystematic Literature Review on Application of Blockchain Technology in E-Finance and Financial Services10.4067/S0718-272420210003000890718-2724https://doaj.org/article/ca004d48ce7e44b19266694c67f440d82021-11-01T00:00:00Zhttps://www.jotmi.org/index.php/GT/article/view/3789https://doaj.org/toc/0718-2724 Blockchain is thought to be the most recent innovation in technology. Trust is especially important in areas like the banking sector. Blockchain technology is a decentralised, coded security system which permits the development of novel digital platforms and services using this developing technology. The current research focuses on the usage of blockchain technology in the financial and e-finance sectors. The study focuses of research questions such as the development of blockchain technology, the adoption & challenges in blockchain technology and the application of blockchain technology in the financial sector. This study conducted a systematic review of 76 scientific articles on blockchain technology, narrowing down the selection to 59 articles. As a result, the author created classification framework with three dimensions: blockchain development, challenges and applications in the financial sector. This study recognizes consequences for blockchain research and practice in the future. The study reveals that blockchain has various unexplored application in finance sector and also there is a scope of improvement in technology. Also, the technology is unregulated, thus, it is still in its nascent stage and a lot is to be done in the field. Sonal TrivediKiran MehtaRenuka SharmaUniversidad Alberto HurtadoarticleBlockchain technologye-FinanceFinancial SectorCryptocurrencybitcoinSystematic Literature ReviewTechnologyTTechnology (General)T1-995ENESJournal of Technology Management & Innovation, Vol 16, Iss 3 (2021)
institution DOAJ
collection DOAJ
language EN
ES
topic Blockchain technology
e-Finance
Financial Sector
Cryptocurrency
bitcoin
Systematic Literature Review
Technology
T
Technology (General)
T1-995
spellingShingle Blockchain technology
e-Finance
Financial Sector
Cryptocurrency
bitcoin
Systematic Literature Review
Technology
T
Technology (General)
T1-995
Sonal Trivedi
Kiran Mehta
Renuka Sharma
Systematic Literature Review on Application of Blockchain Technology in E-Finance and Financial Services
description Blockchain is thought to be the most recent innovation in technology. Trust is especially important in areas like the banking sector. Blockchain technology is a decentralised, coded security system which permits the development of novel digital platforms and services using this developing technology. The current research focuses on the usage of blockchain technology in the financial and e-finance sectors. The study focuses of research questions such as the development of blockchain technology, the adoption & challenges in blockchain technology and the application of blockchain technology in the financial sector. This study conducted a systematic review of 76 scientific articles on blockchain technology, narrowing down the selection to 59 articles. As a result, the author created classification framework with three dimensions: blockchain development, challenges and applications in the financial sector. This study recognizes consequences for blockchain research and practice in the future. The study reveals that blockchain has various unexplored application in finance sector and also there is a scope of improvement in technology. Also, the technology is unregulated, thus, it is still in its nascent stage and a lot is to be done in the field.
format article
author Sonal Trivedi
Kiran Mehta
Renuka Sharma
author_facet Sonal Trivedi
Kiran Mehta
Renuka Sharma
author_sort Sonal Trivedi
title Systematic Literature Review on Application of Blockchain Technology in E-Finance and Financial Services
title_short Systematic Literature Review on Application of Blockchain Technology in E-Finance and Financial Services
title_full Systematic Literature Review on Application of Blockchain Technology in E-Finance and Financial Services
title_fullStr Systematic Literature Review on Application of Blockchain Technology in E-Finance and Financial Services
title_full_unstemmed Systematic Literature Review on Application of Blockchain Technology in E-Finance and Financial Services
title_sort systematic literature review on application of blockchain technology in e-finance and financial services
publisher Universidad Alberto Hurtado
publishDate 2021
url https://doaj.org/article/ca004d48ce7e44b19266694c67f440d8
work_keys_str_mv AT sonaltrivedi systematicliteraturereviewonapplicationofblockchaintechnologyinefinanceandfinancialservices
AT kiranmehta systematicliteraturereviewonapplicationofblockchaintechnologyinefinanceandfinancialservices
AT renukasharma systematicliteraturereviewonapplicationofblockchaintechnologyinefinanceandfinancialservices
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