Blockchain Technology: Opportunities and Challenges for Small and Large Banks During COVID-19

Autor: Francesca Donofrio, Antonio Fusco, Vittorio Dell'Atti, Grazia Dicuonzo
Rok vydání: 2021
Předmět:
Zdroj: International Journal of Innovation and Technology Management. 18
ISSN: 1793-6950
0219-8770
DOI: 10.1142/s0219877021400010
Popis: New technologies are assuming a prominent role in the transformation of economic and social systems and are capturing the interest of many businesses and international institutions. Blockchain is an emerging technology that is relevant in all sectors, as its applications can be adapted to multiple contexts with possible significant advantages for business. The ability to perform transactions without a central entity acting as a trust guarantor, typical of blockchain, offers the opportunity to rethink the way business processes are managed. Based on the case study methodology, this work aims to understand how blockchain could affect the business model in the banking sector and how the COVID-19 pandemic impacts the implementation of blockchain.
Databáze: OpenAIRE