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Is The Impact Of Blockchain And Cryptocurrencies Going To Be As Disruptive As Expected By 2030?

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  • Dena BATEH

Abstract

Finance has always been about trust (Dhar & Stein, 2017). Financial services firms carry out transactions as “retail banking, commercial lending, insurance, credit cards, mortgage banking, investment advisory and asset management, sectors that, until the 2008 financial crisis, dominated the industry with corporate stability and safe employment (Gomber, Kauffman, Parket & Weber, 2018). After the crisis a technological revolution began as a result of the problems caused by traditional companies, causing a lack of trust and credibility in most of the traditional industries, being there when the famous FinTech concept comes into play. Although it is still in development, its impact is already being disruptive, especially in two of the sectors that conform it, and whose study and analysis engage the content of this project. These two sectors are Blockchain and cryptocurrencies, that are currently impacting the general economy in ways never seen before, and whose future impact estimation is going to be the main focus of this paper.

Suggested Citation

  • Dena BATEH, 2019. "Is The Impact Of Blockchain And Cryptocurrencies Going To Be As Disruptive As Expected By 2030?," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 13(1), pages 535-549, November.
  • Handle: RePEc:rom:mancon:v:13:y:2019:i:1:p:535-549
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    References listed on IDEAS

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    1. Svetlana Saksonova & Irina Kuzmina-Merlino, 2017. "Fintech as Financial Innovation - The Possibilities and Problems of Implementation," European Research Studies Journal, European Research Studies Journal, vol. 0(3A), pages 961-973.
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