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Impact of Blockchain Technology Platform in Changing the Financial Sector and Other Industries

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  • Dusko Knezevic

Abstract

The aim of the paper is to conduct a research on an impact of blockchain technology platform on the financial sector through cryptocurrency, and an impact on other industries.. The subject of research is not only this technology but also its commercial exploitation. In order to understand the platform, the starting point of this research is an analysis of how the technology functions, after that the advantages for business and economic transaction are identified, and finally the paper deals with an impact of new technology on business, above all on financial operations

Suggested Citation

  • Dusko Knezevic, 2018. "Impact of Blockchain Technology Platform in Changing the Financial Sector and Other Industries," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 14(1), pages 109-120.
    • Handle: RePEc:mje:mjejnl:v:14:y:2018:i:1:p:109-120
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    Cited by:

    1. Mahdi Ghaemi Asl & Oluwasegun B. Adekoya & Muhammad Mahdi Rashidi, 2023. "Quantiles dependence and dynamic connectedness between distributed ledger technology and sectoral stocks: enhancing the supply chain and investment decisions with digital platforms," Annals of Operations Research, Springer, vol. 327(1), pages 435-464, August.
    2. Abderahman Rejeb & John G. Keogh & Suhaiza Zailani & Horst Treiblmaier & Karim Rejeb, 2020. "Blockchain Technology in the Food Industry: A Review of Potentials, Challenges and Future Research Directions," Logistics, MDPI, vol. 4(4), pages 1-26, October.
    3. Liuyang Zhao & Yezhou Sha & Kaiwen Zhang & Jiaxin Yang, 2023. "Deep Learning-Based Adaptive Online Intelligent Framework for a Blockchain Application in Risk Control of Asset Securitization," International Journal of Data Warehousing and Mining (IJDWM), IGI Global, vol. 19(4), pages 1-21, April.
    4. Serif Dilek, 2019. "Cryptocurrencies in the Digital Era: The Role of Technological Trust and Its International Effects," Contributions to Economics, in: Umit Hacioglu (ed.), Blockchain Economics and Financial Market Innovation, chapter 0, pages 453-474, Springer.
    5. Tsolakis, Naoum & Niedenzu, Denis & Simonetto, Melissa & Dora, Manoj & Kumar, Mukesh, 2021. "Supply network design to address United Nations Sustainable Development Goals: A case study of blockchain implementation in Thai fish industry," Journal of Business Research, Elsevier, vol. 131(C), pages 495-519.
    6. Danalakshmi D. & Gopi R. & A. Hariharasudan & Iwona Otola & Yuriy Bilan, 2020. "Reactive Power Optimization and Price Management in Microgrid Enabled with Blockchain," Energies, MDPI, vol. 13(23), pages 1-20, November.

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