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

Abstract: 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...

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Autores principales: Trivedi,Sonal, Mehta,Kiran, Sharma,Renuka
Lenguaje:English
Publicado: Universidad Alberto Hurtado. Facultad de Economía y Negocios 2021
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242021000300089
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spelling oai:scielo:S0718-272420210003000892021-11-30Systematic Literature Review on Application of Blockchain Technology in E-Finance and Financial ServicesTrivedi,SonalMehta,KiranSharma,Renuka Blockchain technology e-Finance Financial Sector Cryptocurrency bitcoin Systematic Literature Review Abstract: 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.info:eu-repo/semantics/openAccessUniversidad Alberto Hurtado. Facultad de Economía y NegociosJournal of technology management & innovation v.16 n.3 20212021-12-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242021000300089en10.4067/S0718-27242021000300089
institution Scielo Chile
collection Scielo Chile
language English
topic Blockchain technology
e-Finance
Financial Sector
Cryptocurrency
bitcoin
Systematic Literature Review
spellingShingle Blockchain technology
e-Finance
Financial Sector
Cryptocurrency
bitcoin
Systematic Literature Review
Trivedi,Sonal
Mehta,Kiran
Sharma,Renuka
Systematic Literature Review on Application of Blockchain Technology in E-Finance and Financial Services
description Abstract: 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.
author Trivedi,Sonal
Mehta,Kiran
Sharma,Renuka
author_facet Trivedi,Sonal
Mehta,Kiran
Sharma,Renuka
author_sort Trivedi,Sonal
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. Facultad de Economía y Negocios
publishDate 2021
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242021000300089
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