Research on the Development Trend of Traditional Financial Industry Based on Blockchain Technology
Asian Journal of Research in Computer Science · pp. 1–6 · Published 10 Apr 2020
10.9734/ajrcos/2020/v5i330134Abstract
The combination of Internet technology and the financial industry makes information more symmetrical, improves the efficiency of payment and settlement in the financial industry, reduces the cost of currency financing, and makes risk management more effective based on big data technologies. Just the improvement of form and means has not changed the nature of finance. With the development boom of financial technology, blockchain technology seems to have become the key to start a new technological revolution. The value transfer of blockchain technology and the absence of credit intermediation, high security, decentralization, and de-monetization are a fundamental disruption of the financial industry.
Cited by 2
M. Javaid, Abid Haleem, R. Singh · BenchCouncil Transactions on Benchmarks, Standards and Evaluations · 2022
S. Camilleri, Christabel Agius · Journal of Innovation Management · 2022
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