Application of Blockchain Technology in the Financial Services Industry
(2022) BUSN79 20221Department of Business Administration
- Abstract (Swedish)
- Purpose: The purpose is to improve the understanding of the process of applying blockchain
technology in the financial services industry through information published by the most representative companies and institutions in the global landscape.
Methodology: Qualitative research has been conducted through secondary data, which has been
analyzed by employing thematic analysis.
Theoretical perspectives: The study has adopted a conceptual framework developed by Grover
(2019) in the work "Perceived usefulness, ease of use and user acceptance of blockchain technology", combined with existing literature and official documentation on blockchain in
financial services.
Empirical foundation: The companies known as Big Four and other... (More) - Purpose: The purpose is to improve the understanding of the process of applying blockchain
technology in the financial services industry through information published by the most representative companies and institutions in the global landscape.
Methodology: Qualitative research has been conducted through secondary data, which has been
analyzed by employing thematic analysis.
Theoretical perspectives: The study has adopted a conceptual framework developed by Grover
(2019) in the work "Perceived usefulness, ease of use and user acceptance of blockchain technology", combined with existing literature and official documentation on blockchain in
financial services.
Empirical foundation: The companies known as Big Four and other renowned international
organizations in the financial services sector are the actors chosen for this thesis. The growing presence of this technology in financial services, the speed of which makes it necessary to filter the amount of information to draw practical conclusions about its application.
Conclusion: In financial services Blockchain technology can reduce transaction costs, generate distributed trust, and potentially become a new foundation for decentralized business models, forming the core infrastructure that serves as the basis for the development of a more transparent and inclusive industry. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9086140
- author
- Tuffaha, Adnan LU and Miguel Coronel León, Luis
- supervisor
- organization
- alternative title
- Perspectives from the Big Four
- course
- BUSN79 20221
- year
- 2022
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Blockchain, Financial services, Distributed ledger, Benefits, Uses.
- language
- English
- id
- 9086140
- date added to LUP
- 2022-10-10 16:40:11
- date last changed
- 2022-10-10 16:40:11
@misc{9086140,
abstract = {{Purpose: The purpose is to improve the understanding of the process of applying blockchain
technology in the financial services industry through information published by the most representative companies and institutions in the global landscape.
Methodology: Qualitative research has been conducted through secondary data, which has been
analyzed by employing thematic analysis.
Theoretical perspectives: The study has adopted a conceptual framework developed by Grover
(2019) in the work "Perceived usefulness, ease of use and user acceptance of blockchain technology", combined with existing literature and official documentation on blockchain in
financial services.
Empirical foundation: The companies known as Big Four and other renowned international
organizations in the financial services sector are the actors chosen for this thesis. The growing presence of this technology in financial services, the speed of which makes it necessary to filter the amount of information to draw practical conclusions about its application.
Conclusion: In financial services Blockchain technology can reduce transaction costs, generate distributed trust, and potentially become a new foundation for decentralized business models, forming the core infrastructure that serves as the basis for the development of a more transparent and inclusive industry.}},
author = {{Tuffaha, Adnan and Miguel Coronel León, Luis}},
language = {{eng}},
note = {{Student Paper}},
title = {{Application of Blockchain Technology in the Financial Services Industry}},
year = {{2022}},
}