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Fintech and Procurement Finance 4.0

In: Procurement Finance

Author

Listed:
  • Bernardo Nicoletti

    (Temple University)

Abstract

The future of procurement finance is connected to the digital transformation, which in the case of procurement finance is a digital revolution connected with Business 4.0. The correct concept is to consider procurement finance 4.0 as a platform, with several actors—proprietors, providers, producers, and purchasers—with interchangeable roles. Fintech organizations are and will play more and more an important role in this new vision. At the same time, the technological solution which can make all this possible is blockchain, whose characteristics are more and more appreciated around the world. The digital transformation can gain a lot also from artificial intelligence and mobility.

Suggested Citation

  • Bernardo Nicoletti, 2018. "Fintech and Procurement Finance 4.0," Palgrave Studies in Financial Services Technology, in: Procurement Finance, chapter 0, pages 155-248, Palgrave Macmillan.
  • Handle: RePEc:pal:psincp:978-3-030-02140-5_6
    DOI: 10.1007/978-3-030-02140-5_6
    as

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