Fintech and Procurement Finance 4.0

Bernardo Nicoletti ()
Additional contact information
Bernardo Nicoletti: Temple University

Chapter Chapter 6 in Procurement Finance, 2018, pp 155-248 from Palgrave Macmillan

Abstract: Abstract The future of procurement finance is connected to the digital transformation, which in the case of procurement finance is a digital revolution connected with Business 4.0. The correct concept is to consider procurement finance 4.0 as a platform, with several actors—proprietors, providers, producers, and purchasers—with interchangeable roles. Fintech organizations are and will play more and more an important role in this new vision. At the same time, the technological solution which can make all this possible is blockchain, whose characteristics are more and more appreciated around the world. The digital transformation can gain a lot also from artificial intelligence and mobility.

Keywords: Industry 4.0; Procurement 4.0; Procurement finance; Platform; Open banking; Blockchain; Smart contracts; Artificial intelligence; B2B cloud; Fintech (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:psincp:978-3-030-02140-5_6

Ordering information: This item can be ordered from
http://www.palgrave.com/9783030021405

DOI: 10.1007/978-3-030-02140-5_6

Access Statistics for this chapter

More chapters in Palgrave Studies in Financial Services Technology from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().