001435579 000__ 06222cam\a2200517\i\4500 001435579 001__ 1435579 001435579 003__ OCoLC 001435579 005__ 20230309003901.0 001435579 006__ m\\\\\o\\d\\\\\\\\ 001435579 007__ cr\un\nnnunnun 001435579 008__ 210408s2021\\\\sz\\\\\\ob\\\\001\0\eng\d 001435579 020__ $$a9783030709709$$q(electronic bk.) 001435579 020__ $$a3030709701$$q(electronic bk.) 001435579 020__ $$z9783030709693 001435579 020__ $$z3030709698 001435579 0247_ $$a10.1007/978-3-030-70970-9$$2doi 001435579 035__ $$aSP(OCoLC)1245473458 001435579 040__ $$aYDX$$beng$$erda$$epn$$cYDX$$dGW5XE$$dOCLCO$$dOCLCF$$dSFB$$dOCLCQ$$dOCLCO$$dOCLCQ 001435579 049__ $$aISEA 001435579 050_4 $$aHG1709 001435579 08204 $$a332.1/702854678$$223 001435579 1001_ $$aMartino, Pierluigi,$$eauthor. 001435579 24510 $$aBlockchain and banking :$$bhow technological innovations are shaping the banking industry /$$cPierluigi Martino. 001435579 264_1 $$aCham :$$bPalgrave Macmillan,$$c[2021] 001435579 300__ $$a1 online resource 001435579 336__ $$atext$$btxt$$2rdacontent 001435579 337__ $$acomputer$$bc$$2rdamedia 001435579 338__ $$aonline resource$$bcr$$2rdacarrier 001435579 4901_ $$aPalgrave pivot 001435579 504__ $$aIncludes bibliographical references and index. 001435579 5050_ $$aIntro -- Contents -- List of Figures -- 1 Introduction: The Rise of Fintech -- References -- 2 Blockchain Technology: Key Features and Main Applications -- 2.1 Introduction -- 2.2 The Fundamentals of Blockchain Technology -- 2.2.1 Blockchain Technology: Advantages and Disadvantages -- 2.3 Blockchain Types and Classifications -- 2.4 Blockchain Applications -- 2.4.1 Cryptocurrencies -- 2.4.1.1 The Initial Coin Offerings Mechanism -- 2.4.2 Smart Contracts -- References -- 3 Blockchain Technology and the Banking Industry -- 3.1 Introduction -- 3.2 Blockchain as a Potential Risk for Banks -- 3.3 Blockchain and Banking Efficiency -- 3.3.1 Loans and Capital Markets -- 3.3.2 Trade Finance -- 3.3.3 Payment Systems -- 3.3.4 Compliance -- 3.3.5 Know Your Customer -- 3.4 Blockchain as a Source for New Products and Services -- 3.5 Blockchain and Financial Inclusion -- 3.6 Conclusions -- References -- 4 Blockchain and Banking Business Models -- 4.1 Introduction -- 4.2 Technological Development and Business Model Innovation -- 4.3 Blockchain and Innovation in the Banking Business Models -- 4.4 Banks' Approach to Blockchain's Challenges -- 4.5 Conclusions -- References -- 5 Regulation of Blockchain Technology: An Overview -- 5.1 Introduction -- 5.2 Regulatory Issues and Cryptocurrencies -- 5.3 Regulation of Cryptocurrencies -- 5.3.1 US Regulatory Approach to Cryptocurrencies -- 5.3.2 EU Regulatory Approach to Cryptocurrencies -- 5.3.3 Asia-Pacific Region's Regulatory Approach to Cryptocurrencies -- 5.4 Regulatory Issues and Blockchain's Distributed Ledger Technology -- 5.5 Regulators' Approach to the Adoption of Blockchain Technology -- 5.5.1 EU's Approach to Blockchain Technology -- 5.5.2 US Approach to Blockchain Technology -- 5.5.3 Asian-Pacific Countries' Approach to Blockchain Technology -- 5.6 Conclusions -- References -- 6 Final Remarks -- References. 001435579 506__ $$aAccess limited to authorized users. 001435579 520__ $$aThis book explores blockchain technologys impact on banks, particularly how blockchain technology can create new opportunities for banks and poses new threats to their business. The digital revolution in the banking industry, whose customers are increasingly adapting to new technologies and new types of competitors and solutions arising in the space, has had a significant impact on the banking industry over the past few years, requiring banks to substantially rethink their business models and strategies in order to cope with these developments. The rise of blockchains distributed ledger technology (DLT) has also played an important role since it has the potential to change the whole banking industry in faster and more disruptive ways than ever before. Born as the technology underlying Bitcoin, which has been used to allow the recording of cryptocurrencies transactions, blockchain can facilitate the process of recording any transaction type and track the movement of any asset, finding application in many different areas. Specifically, it has been acknowledged as a disruptive force in the financial sector and a key source of future financial market innovation with the potential to reshape existing business models in the financial services industry. Regarding the banking industry in particular, existing literature suggests that blockchain poses new challenges and generates opportunities as well as threats. This is pushing banks to rethink their operations, business models and strategies. However, literature in this regard is still in its infancy, and we do not yet have a clear understanding of blockchain technologys potential implications for banks. This book expands the literature on blockchain technology in banking by providing new insights into the developments, trends and challenges of blockchain in the banking industry. In particular, sheds more light on the implications of blockchain technology for banks by discussing the advantages and disadvantages related to this technology and exploring its potential impact on traditional banking business models. Pierluigi Martino is a Researcher in Financial Markets and Institutions at the Department of Economics and Management, University of Pisa, Italy. He has also been a Research Assistant at the Cass Business School, City University of London, UK. His research interests are in the areas of banking, corporate governance, entrepreneurial finance and blockchain technology. 001435579 588__ $$aOnline resource; title from PDF title page (SpringerLink, viewed April 14, 2021). 001435579 650_0 $$aBanks and banking$$xTechnological innovations. 001435579 650_0 $$aBlockchains (Databases) 001435579 650_6 $$aChaƮnes de blocs. 001435579 655_0 $$aElectronic books. 001435579 77608 $$iPrint version:$$aMartino, Pierluigi.$$tBlockchain and banking.$$dCham : Palgrave Macmillan, [2021]$$z3030709698$$z9783030709693$$w(OCoLC)1237351543 001435579 830_0 $$aPalgrave pivot. 001435579 852__ $$bebk 001435579 85640 $$3Springer Nature$$uhttps://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-3-030-70970-9$$zOnline Access$$91397441.1 001435579 909CO $$ooai:library.usi.edu:1435579$$pGLOBAL_SET 001435579 980__ $$aBIB 001435579 980__ $$aEBOOK 001435579 982__ $$aEbook 001435579 983__ $$aOnline 001435579 994__ $$a92$$bISE