FINANCIAL INNOVATION: THE IMPACT OF BLOCKCHAIN TECHNOLOGIES ON FINANCIAL INTERMEDIARIES

Nicola Del Sarto (), Lorenzo Gai () and Federica Ielasi ()
Additional contact information
Nicola Del Sarto: University of Florence, Via delle Pandette, Firenze, Italy
Lorenzo Gai: University of Florence, Via delle Pandette, Firenze, Italy
Federica Ielasi: University of Florence, Via delle Pandette, Firenze, Italy

Journal of Financial Management, Markets and Institutions (JFMMI), 2024, vol. 12, issue 01, 1-21

Abstract: The world around us has become increasingly digital in recent years, from the quick adoption of mobile phones to the emergence of the Internet and, more recently, social media and big data. With profound effects on all productive sectors, the “digital revolution,†considered as the widespread use of digital technology, has fundamentally changed the financial sector. This is presently in the midst of a profound and unheard-of change known as FinTech, which is the direct outcome of the application of technology to finance. Among other things, blockchain has recently gained popularity in the financial services industry. Therefore, a greater comprehension of how this novel technology could affect the financial industry is necessary. In this paper, we explore how blockchain may impact on financial intermediaries and banks.

Keywords: Fintech; blockchain; financial intermediations; banks; finance (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S2282717X23500056
Open Access

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:wsi:jfmmix:v:12:y:2024:i:01:n:s2282717x23500056

Ordering information: This journal article can be ordered from

DOI: 10.1142/S2282717X23500056

Access Statistics for this article

Journal of Financial Management, Markets and Institutions (JFMMI) is currently edited by Santiago Carbo-Valverde

More articles in Journal of Financial Management, Markets and Institutions (JFMMI) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().