Blockchain in FinTech: A Mapping Study

Simon Fernandez-Vazquez, Rafael Rosillo, David De La Fuente and Paolo Priore
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Simon Fernandez-Vazquez: Business Management Department, University of Oviedo, 33003 Asturias, Spain
Rafael Rosillo: Business Management Department, University of Oviedo, 33003 Asturias, Spain
David De La Fuente: Business Management Department, University of Oviedo, 33003 Asturias, Spain
Paolo Priore: Business Management Department, University of Oviedo, 33003 Asturias, Spain

Sustainability, 2019, vol. 11, issue 22, 1-24

Abstract: Blockchain is currently one of the most important topics in both the academia and industry world, mainly due to the possible effects that the continuing application of this new technology could have. The adoption of this technology by FinTech companies constitutes the next step towards the expansion of blockchain and its sustainability. The paper conducts a mapping study on the research topics, limitations, gaps and future trends of blockchain in FinTech companies. A total of 49 papers from a scientific database (Web of Science Core Collection) have been analyzed. The results show a deep focus in challenges such as security, scalability, legal and regulatory, privacy or latency, with proposed solutions still to be far from being effective. A vast majority of the research is focused into finance and banking sector, obviating other industries that could play a crucial role in the further expansion of blockchain. This study can contribute to researchers as a starting point for their investigation, as well as a source for recommendations on future investigation directions regarding blockchain in the FinTech sector.

Keywords: blockchain; FinTech; mapping study; technological challenges; cryptocurrency (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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