Decentralized Financial Portfolio Management System Using Blockchain Technology

Dileep Goda ()
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Dileep Goda: iMINDS Technology Systems, Inc.

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Abstract: This research looks into the creation and applications of a blockchain-based decentralized financial portfolio management system. The principal aims of this study are to investigate the viability and advantages of incorporating blockchain technology into portfolio management, analyze the consequences for security, transparency, efficiency, and accessibility, and examine the implications for regulations and policy. Using a secondary data-based review strategy, the methodology analyzes academic journals, research papers, and industry reports about blockchain technology, decentralized finance, and portfolio management. The main conclusions show that while blockchain integration improves security, transparency, efficiency, and accessibility in portfolio management, it also poses issues with interoperability, scalability, regulatory compliance, and security risks. To fully achieve the promise of decentralized financial portfolio management systems, the study emphasizes the necessity of adaptable regulatory frameworks, scaling solutions, interoperability standards, security measures, and user education campaigns. Policy implications include overcoming regulatory obstacles, encouraging financial inclusion in the age of decentralized finance, and creating an atmosphere that supports innovation.

Keywords: Financial Portfolio Management; Blockchain Technology; Decentralized Finance (DeFi); Cryptocurrency; Smart Contracts; Asset Management; Distributed Ledger (search for similar items in EconPapers)
Date: 2020-12-31
Note: View the original document on HAL open archive server: https://hal.science/hal-04561883
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Published in Asian Accounting and Auditing Advancement, 2020, 11 (1), pp.87-100

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