6533b81ffe1ef96bd12770ae
RESEARCH PRODUCT
Blockchain Disrupting Fintech and the Banking System
Daria Maria SiteaEduard Alexandru Stoicasubject
blockchainBlockchainbusiness.industryfintechBig datalcsh:APopularityMachine to machineCommerceKey (cryptography)Relevance (information retrieval)Businesslcsh:General Worksbanking systemInternet of ThingsProductivityElronddescription
Nowadays society is profoundly changed by technology, velocity and productivity. While individuals are not yet prepared for holographic connection with banks or financial institutions, other innovative technologies have been adopted. Lately, a new world has been launched, personalized and adapted to reality. It has emerged and started to govern almost all daily activities due to the five key elements that are foundations of the technology: machine to machine (M2M), internet of things (IoT), big data, machine learning and artificial intelligence (AI). Competitive innovations are now on the market, helping with the connection between investors and borrowers—notably crowdfunding and peer-to-peer lending. Blockchain technology is now enjoying great popularity. Thus, a great part of the focus of this research paper is on Elrond. The outcomes highlight the relevance of technology in digital finance.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2021-04-15 | The 7th International Management Information Systems Conference |