Exploring prospects of blockchain and fintech: using SLR approach

IF 2.9 Q2 MANAGEMENT
U. Kayani
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引用次数: 0

Abstract

Purpose This study aims to give a glimpse of the existing blockchain applications across industries and add to a complete knowledge of the blockchain’s properties. Design/methodology/approach Systematic literature review is used as the research strategy for this investigation and other aspects of the preferred reporting items for systematic reviews and meta-analyses framework have been incorporated to create a scholarly publications evaluation of the blockchain-based application in the financial arena and its future. The research looks at 86 studies published between 2018 and 2022. Findings There has been a steady but noticeable increase in the study of blockchain’s potential in many application domains over the past few of years. This rising tendency illustrates the newness and potential of blockchain technology, as well as the increasing attention from academics. According to the findings, blockchain is an appropriate solution for processing transactions using cryptocurrencies; nevertheless, it still has significant technical issues and limits that require to be exploring and solving before it can be considered a viable option. It is therefore, necessary to have a high level of reliability for payments and confidentiality, in addition to maintaining the anonymity of nodes, to stop assaults and efforts to disrupt transactions in the blockchain. Practical implications This study has several important theoretical and practical implications. First, it adds to the body of knowledge on blockchain and Fintech, focusing on the transaction side. While much blockchain research has focused on how the technology may affect strategic choices, this study has shed light on its potential from the perspective of financial reporting. Second, by highlighting the importance of the demand for the prompt identification of losses, this work adds to the body of knowledge on the factors that influence transaction frauds involving paper money. Additionally, by establishing the link between transparency and virtual transactions, the author backs up the asymmetric responses of investors to different investment possibilities. It looks at the evolution of financial technology (Fintech) and shows how it can be used to take the advantage of unique opportunities. Originality/value The study is different and novel from the previously published literature on this topic mainly because of its comprehensiveness, as it revolves around all industrial and commercial areas. The three main lines of research have been outlined, namely, classifying the many blockchain-based innovations that will alter the financial landscape in many industries; identifying whether these industries are a good fit for blockchain’s wealth creation potential; and directing researchers by outlining prospective study pathways.
探索区块链和金融科技的前景:采用 SLR 方法
目的本研究旨在了解各行各业现有的区块链应用,并增加对区块链特性的全面了解。设计/方法/途径本调查采用系统文献综述作为研究策略,并纳入了系统综述和荟萃分析框架的首选报告项目的其他方面,以便对基于区块链的金融领域应用及其未来进行学术出版物评估。研究考察了2018年至2022年期间发表的86篇研究报告。研究结果在过去几年中,对区块链在许多应用领域的潜力的研究稳步但明显增加。这种上升趋势说明了区块链技术的新颖性和潜力,以及学术界越来越多的关注。研究结果表明,区块链是使用加密货币处理交易的合适解决方案;然而,它仍然存在重大的技术问题和限制,需要探索和解决,才能被视为可行的选择。因此,除了保持节点的匿名性外,还必须具备高水平的支付可靠性和保密性,以阻止攻击和破坏区块链交易的行为。首先,它补充了有关区块链和金融科技的知识体系,重点关注交易方面。虽然很多区块链研究都集中在该技术如何影响战略选择上,但本研究从财务报告的角度揭示了其潜力。其次,通过强调对及时识别损失的需求的重要性,这项工作补充了有关纸币交易欺诈影响因素的知识体系。此外,通过建立透明度与虚拟交易之间的联系,作者支持了投资者对不同投资可能性的不对称反应。该研究探讨了金融技术(Fintech)的演变,并展示了如何利用金融技术来利用独特的机遇。原创性/价值该研究与以往发表的有关该主题的文献不同,具有新颖性,主要是因为它的全面性,因为它涉及所有工业和商业领域。本研究概述了三条研究主线,即对许多基于区块链的创新进行分类,这些创新将改变许多行业的金融格局;确定这些行业是否适合区块链的创富潜力;以及通过概述前瞻性研究路径来指导研究人员。
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来源期刊
CiteScore
5.90
自引率
8.70%
发文量
57
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