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Blockchain Technology in Financial Services: Opportunities and Challenges

Exploring Decentralized Finance Applications and Regulatory Implications

Penulis: Prof. Dr. Mada Rahman, S.Kom., M.T., Dr. Rama Pratama, S.Kom., M.T., Dr. Yuki Tanaka, Ph.D.

Penulis Korespondensi: Prof. Dr. Mada Rahman, S.Kom., M.T.

Jurnal: International Journal of Information Management

Penerbit: Elsevier

Tanggal Publikasi: 18/08/2024

Volume: 78

Halaman: 102789

DOI: 10.1016/j.ijinfomgt.2024.102789

Scopus Indexed Web of Science
Impact Factor: 8.234 • Quartile: Q1 • H-Index: 134 • Sitasi: 92 • Views: 1

Abstrak

Abstract

This paper examines the transformative potential of blockchain technology in financial services. We analyze current applications, emerging opportunities in decentralized finance (DeFi), and regulatory challenges facing blockchain adoption in traditional financial systems.

Key Applications:

  • Cryptocurrency and digital assets
  • Smart contracts for automated transactions
  • Decentralized exchanges and lending platforms
  • Cross-border payments and remittances
  • Supply chain finance and trade finance

Regulatory Challenges:

  • AML/KYC compliance in decentralized systems
  • Consumer protection in DeFi platforms
  • Cross-border regulatory coordination
  • Taxation of digital assets
  • Cybersecurity and systemic risk

We propose a regulatory framework for responsible blockchain adoption in financial services.

Kata Kunci

blockchain, financial services, decentralized finance, fintech, regulatory challenges

Bidang Subjek

Information Systems

Informasi Tambahan

Jurnal:
Lihat Jurnal

Area Penelitian:

Blockchain, Financial Technology, Decentralized Finance

Kategori: Jurnal Internasional

Diterbitkan: 29/12/2025 01:22:49

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