IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-030-66433-6_18.html
   My bibliography  Save this book chapter

Fintech and Blockchain Based Innovation: Technology Driven Business Models and Disruption

In: The Palgrave Handbook of FinTech and Blockchain

Author

Listed:
  • Maurizio Pompella

    (Siena University)

  • Lorenzo Costantino

    (IDP)

Abstract

Information technology is constantly redefining business models. In banking and finance, blockchain and fintech are advancing service provision and users’ engagement, leading some media to coin the expression “Uberization of banking”. This chapter (Part 1 of two) extrapolates from sharing economy models to conclude that, notwithstanding inherent innovative features, blockchain and fintech are not destined to disrupt finance and banking. Through analogy and successive approximations, the authors identify the limitations of the arguments for disruption. Moreover, starting from stylized facts, the authors raise concerns on potential threats arising from financial innovations such as Tokenomics, referred to as “Naught-Backed Securities”. The Handbook concluding Chapter 22 (Part 2 of two) puts forward options for regulators triggered by COVID-19, bringing to the conclusion that the pandemic is an unprecedented opportunity to redefining boundaries and refocusing the priority on innovation for transparency.

Suggested Citation

  • Maurizio Pompella & Lorenzo Costantino, 2021. "Fintech and Blockchain Based Innovation: Technology Driven Business Models and Disruption," Springer Books, in: Maurizio Pompella & Roman Matousek (ed.), The Palgrave Handbook of FinTech and Blockchain, edition 1, chapter 0, pages 403-430, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-66433-6_18
    DOI: 10.1007/978-3-030-66433-6_18
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-030-66433-6_18. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.