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Blockchain Technology and the Banking Industry

In: Blockchain and Banking

Author

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  • Pierluigi Martino

    (University of Pisa)

Abstract

Blockchain technology has been widely acknowledged as a disruptive force in the financial sector that is capable of undermining traditional business models and the technologies currently in use in many financial service transactions. This chapter focuses on blockchain technology’s potential implications for the banking industry. Building on the results of a previous study that I conducted through qualitative-based interviews with three professional bankers from different European banks tackling the challenges of blockchain, this chapter discusses the potential advantages and risks that blockchain technology poses to banks and identifies the main banking areas that can be affected.

Suggested Citation

  • Pierluigi Martino, 2021. "Blockchain Technology and the Banking Industry," Springer Books, in: Blockchain and Banking, chapter 0, pages 33-52, Springer.
  • Handle: RePEc:spr:sprchp:978-3-030-70970-9_3
    DOI: 10.1007/978-3-030-70970-9_3
    as

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