Fantastic Beasts: Blockchain Based Banking

Journal of Risk and Financial Management

Dulani Jayasuriya Daluwathumullagamage¹  Alexandra Sims¹ 

[1] Accounting and Finance, University of Auckland, Auckland 1142, New Zealand;

关键词: fintech;    disruptive technology;    financial services;    banking;    COVID-19;    cryptocurrencies;   

DOI  :  10.3390/jrfm14040170

来源: DOAJ

【 摘 要 】

Blockchain is one of the primary digital technologies utilised in the finance industry with huge future potential. This study conducts a systematic literature review of a final sample of 407 prior literature from an initial set of 1979 records for the sample period of 2013–2020 with regard to blockchain adoption in banking. This review is further supplemented by a machine learning based textual analysis that identifies key themes, trends, divergences and gaps between academic and practitioner led industry literature. Moreover, the study highlights present, future use cases, adoption barriers and misconceptions of blockchains in banking, especially given COVID-19. Furthermore, this study identifies behavioural, social, economic, regulatory and managerial implications of blockchain based banking. In addition, our study identifies the cross-industry potential of blockchains via banking, thus, linking much disconnected prior literature. Finally, we develop a blockchain adoption framework and an adoption life cycle for banking. This study would be of interest to academics, bankers, regulators, investors, auditors and other stakeholders in financial markets.

【 授权许可】

Unknown