#5176. Blockchain for next generation services in banking and finance: cost, benefit, risk and opportunity analysis

August 2026publication date
Proposal available till 24-05-2025
4 total number of authors per manuscript0 $

The title of the journal is available only for the authors who have already paid for
Journal’s subject area:
Management of Technology and Innovation;
Information Systems;
Decision Sciences (all);
Places in the authors’ list:
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More details about the manuscript: Science Citation Index Expanded or/and Social Sciences Citation Index
Abstract:
The purpose of this paper is to help in providing a better understanding of the application of blockchain technology in the context of the banking and finance sectors. The aim is to outline blockchains benefits, opportunities, costs, risks as well as challenges of the technology in the context of banking and finance services. It covered reviewing various research contributions published in peer-reviewed journals, academic reports, as well as technical reports to help in identifying related benefits, opportunities, costs and risks. The findings reveal that there are limited contributions in utilising blockchain in the banking and finance sectors when compared with other sectors. This study helps in offering a focal point to banking and financial sector managers and decision-makers for realising the value and offerings of blockchain technology as well as associated strategies and programmes. This study highlights the need for a holistic understanding of the various aspects of cost, benefits, risk and opportunities to create blockchain applications that work for banking and finance sectors
Keywords:
Banking and finance; Benefit; Blockchain; Cost; Opportunity; Risk

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