Application of the Blockchain Technology in the Banking Area. / Лукьянова, Анна Евгеньевна; Presnyakova, Arina.
2019. 67-69.Research output: Contribution to conference › Abstract
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TY - CONF
T1 - Application of the Blockchain Technology in the Banking Area.
AU - Лукьянова, Анна Евгеньевна
AU - Presnyakova, Arina
PY - 2019
Y1 - 2019
N2 - In the modern world of digital technologies, the financial function should be flexible, forward-looking and facilitate prompt decision-making. The face of the financial services industry has been experiencing radical changes led by technologies over the past few years and the world of finance is rapidly changing, becoming digital. This research provides an analysis of the use of blockchain technology for managing banks' business processes. In particular, the further hypothesis is being investigated: is it possible to reduce time of the banking processes execution by applying the blockchain technology and, if possible, on which amount?
AB - In the modern world of digital technologies, the financial function should be flexible, forward-looking and facilitate prompt decision-making. The face of the financial services industry has been experiencing radical changes led by technologies over the past few years and the world of finance is rapidly changing, becoming digital. This research provides an analysis of the use of blockchain technology for managing banks' business processes. In particular, the further hypothesis is being investigated: is it possible to reduce time of the banking processes execution by applying the blockchain technology and, if possible, on which amount?
KW - banking processes
KW - blockchain technology
KW - digitalization
KW - simulation modeling
KW - smart contracts
KW - banking processes
KW - blockchain technology
KW - digitalization
KW - simulation modeling
KW - smart contracts
M3 - Abstract
SP - 67
EP - 69
ER -
ID: 78383628