A review of Blockchain Technology applications for financial services

BenchCouncil Transactions on Benchmarks Standards and Evaluations, Journal Year: 2022, Volume and Issue: 2(3), P. 100073 - 100073

Published: July 1, 2022

Financial service providers find blockchain technology useful to enhance authenticity, security, and risk management. Several institutions are adopting in trade finance systems build smart contracts between participants, improve efficiency transparency, open up newer revenue opportunities. Blockchain's unique recording capabilities make the existing clearing settlement process redundant. Banks other financial entities blockchain-enabled IDs identify people. Better results come from organisations' capacity foresee emerging trends applications develop functionality. The transfer of asset ownership addressing maintenance a precise ledger. Measurement, communication, analysis information three significant areas be focussed on by accounting professionals. Blockchain clarifies existence obligations for accountants, it has potential productivity. This paper identifies studies relevant articles related finance. focuses its importance services. Further takes various tools, strategies, featured services Blockchain-based Finally, evaluates Credit reports significantly impact lives customers. Recent data breaches demonstrate superior security blockchain-based credit reporting over conventional server-based reporting. enable faster, more cost-effective, customised issuance digital securities. With adoption, market investors can expanded, costs issuers reduced, counterparty reduced due ability customise instruments demands investors. It uses mutualised standards, protocols, shared procedures give network users single common source truth. Participants business now easily collaborate, manage data, agree with this technology's application.

Language: Английский

---

Guidelines for interpreting the results of bibliometric analysis: A sensemaking approach

Global Business and Organizational Excellence, Journal Year: 2023, Volume and Issue: 43(2), P. 17 - 26

Published: Aug. 2, 2023

Abstract While bibliometric analysis is inherently quantitative and objective, it necessitates interpretation, thereby introducing an element of subjectivity. This article proposes a sensemaking approach that transitions researchers from mere description to proactive interpretation results, transforming raw information into informed insights. We discuss the applicability in offer practical guidelines for its integration systematic literature reviews. These revolve around three‐stage process—that is, scanning, sensing, substantiating—each crucial deriving meaningful interpretations. As such, this serves as valuable guide seeking utilize potent analytical tool their review studies.

Language: Английский

---

Stakeholder theory

Journal of Business Research, Journal Year: 2023, Volume and Issue: 166, P. 114104 - 114104

Published: June 25, 2023

Stakeholder theory (ST) is a profound in business ethics and organizational management. Though several ST reviews are available, they remain restricted to functional or niche areas. Specifically, no study, date, has attempted review research its entirety. To address this noteworthy gap, study endeavors (i) offer comprehensive definition of (ii) retrospect prospect promising avenues for future growth. Given the large corpus (n = 988) long history (1969–2021) research, adopts performs systematic literature using bibliometric analysis (performance science mapping). Consequently, reveals productivity (publication) impact (citation) contributors (journals, authors, countries), major thematic clusters (ST sustainability, performance, strategic management, stakeholder management), (iii) advance across all clusters.

Language: Английский

---

Convergence of business, innovation, and sustainability at the tipping point of the sustainable development goals

Journal of Business Research, Journal Year: 2023, Volume and Issue: 167, P. 114170 - 114170

Published: Aug. 5, 2023

The United Nations Sustainable Development Goals (SDGs) offer a universal framework for addressing pressing global economic, environmental, and social challenges. Central to the SDG agenda is vital role of business innovation in fostering positive change promoting triple bottom line sustainability: people, planet, prosperity. Many years have passed following SDGs' inception, yet engagement scholarship with SDGs remains sparse. Moreover, comprehensive review examining convergence business, innovation, sustainability through lens notably absent, constraining insights into present advancements prospective trajectories. In this regard, study adopts as investigate contribution sustainable development challenges its impact on agenda. To do so, conducts systematic literature review, incorporating bibliometric analysis articles published top-tier journals, an integrated overview current trends research SDGs. addition, performs content consolidate synthesize relevant space, resulting multi-dimensional that illustrates intricate, dynamic interplay between drivers, dimensions, impacts their relationship doing accentuates extant gaps, delineates profound implications, proposes meaningful directions advance understanding intersection context

Language: Английский

---

Drivers of generative artificial intelligence to fostering exploitative and exploratory innovation: A TOE framework

Technology in Society, Journal Year: 2023, Volume and Issue: 75, P. 102403 - 102403

Published: Oct. 17, 2023

Language: Английский

---

Cryptocurrency awareness, acceptance, and adoption: the role of trust as a cornerstone

Humanities and Social Sciences Communications, Journal Year: 2024, Volume and Issue: 11(1)

Published: Jan. 2, 2024

Abstract Cryptocurrencies—i.e., digital or virtual currencies secured by cryptography based on blockchain technology, such as Bitcoin and Ethereum—have brought transformative changes to the global economic landscape. These innovative transaction methods have rapidly made their mark in financial sector, reshaping dynamics of economy. However, there remains a notable hesitation its widespread acceptance adoption, largely due misconceptions lack proper guidance about use. Such gaps understanding create an opportunity address these concerns. Using technology model (TAM), this study develops parsimonious explain awareness, acceptance, adoption cryptocurrency. The was assessed using partial least squares structural equation modeling (PLS-SEM) with sample 332 participants aged 18 40 years. findings suggest that cryptocurrency awareness plays direct, positive, significant role shaping positive relationship is mediated factors exemplify namely ease use usefulness results also reveal trust factor strengthens direct mediating relationships. insights emphasize necessity fostering informed cryptocurrencies accelerate broader ecosystem. By addressing reinforcing like use, usefulness, trust, policymakers institutions can better position themselves integrate promote mainstream systems.

Language: Английский

---

On the Integration of Artificial Intelligence and Blockchain Technology: A Perspective About Security

IEEE Access, Journal Year: 2024, Volume and Issue: 12, P. 3881 - 3897

Published: Jan. 1, 2024

As reliance on disruptive applications based Artificial Intelligence (AI) and Blockchain grows, the need for secure trustworthy solutions becomes ever more critical. Whereas much research has been conducted AI Blockchain, there is a shortage of comprehensive studies examining their integration from security perspective. Hence, this survey addresses such gap provides insights policymakers, researchers, practitioners exploiting Blockchain's evolving integration. Specifically, paper analyzes potential benefits as well related concerns, identifying possible mitigation strategies, suggesting regulatory measures, describing impact it public trust.

Language: Английский

---

INTEGRATING AI WITH BLOCKCHAIN FOR ENHANCED FINANCIAL SERVICES SECURITY

Finance & Accounting Research Journal, Journal Year: 2024, Volume and Issue: 6(3), P. 271 - 287

Published: March 9, 2024

Integrating artificial intelligence (AI) with blockchain technology presents a transformative approach to enhancing security in financial services. This fusion leverages the strengths of both AI and mitigate various risks, including fraud, data breaches, identity theft, thereby bolstering trust confidence transactions. abstract explores synergies between blockchain, highlighting their combined capabilities, applications, potential benefits for services industry. algorithms, machine learning natural language processing, empower institutions analyze vast amounts real-time, identifying patterns, anomalies, suspicious activities indicative fraudulent behavior. By integrating AI-powered fraud detection systems blockchain-based transactional networks, organizations can enhance transparency throughout entire ecosystem. Blockchain's immutable ledger ensures integrity traceability transactions, while algorithms provide advanced analytics predictive insights detect prevent effectively. Furthermore, AI-driven verification authentication digital transactions by accurately verifying user identities detecting unauthorized access attempts. AI-based biometric management solutions, streamline customer onboarding processes, security, protect sensitive information from access. Moreover, smart contracts automate enforce execution contractual agreements, reducing risk errors, disputes combining contract platforms technology, facilitate secure, transparent, tamper-proof eliminating intermediaries transaction costs. The integration also offers opportunities regulatory compliance solutions data, identify ensure adherence requirements. these reporting systems, transparency, auditability, oversight, fostering In conclusion, holds immense harnessing capabilities activities, authentication, compliance. underscores impact on services, paving way more efficient, trusted ecosystem.. Keywords: Al, Blockchain, Enhanced, Financial, Services Security.

Language: Английский

---

The Convergence of Artificial Intelligence and Blockchain: The State of Play and the Road Ahead

Information, Journal Year: 2024, Volume and Issue: 15(5), P. 268 - 268

Published: May 9, 2024

Artificial intelligence (AI) and blockchain technology have emerged as increasingly prevalent influential elements shaping global trends in Information Communications Technology (ICT). Namely, the synergistic combination of AI introduces beneficial, unique features with potential to enhance performance efficiency existing ICT systems. However, presently, confluence these two disruptive technologies remains a rather nascent stage, undergoing continuous exploration study. In this context, work at hand offers insight regarding most significant intersection. Sixteen outstanding, recent articles exploring been systematically selected thoroughly investigated. From them, fourteen key extracted, including data security privacy, encryption, sharing, decentralized intelligent systems, efficiency, automated decision collective making, scalability, system security, transparency, sustainability, device cooperation, mining hardware design. Moreover, drawing upon related literature stemming from major digital databases, we constructed timeline technological convergence comprising three eras: emerging, convergence, application. For era, categorized pertinent into primary groups: manipulation, applicability legacy issues. application elaborate on impact fusion perspective five distinct focus areas, Internet Things applications cybersecurity, finance, energy, smart cities. This multifaceted, but succinct analysis is instrumental delineating pinpointing characteristics inherent their integration. The paper culminates by highlighting prevailing challenges unresolved questions AI-based thereby charting avenues for future scholarly inquiry.

Language: Английский

---

Gen-AI integration in higher education: Predicting intentions using SEM-ANN approach

Education and Information Technologies, Journal Year: 2024, Volume and Issue: 29(13), P. 17169 - 17209

Published: Feb. 21, 2024

Language: Английский

---