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Proceeding Paper

Blockchain Technology: Financial Sector Applications Beyond Cryptocurrencies †

1
School of Business, University of Nicosia, 2417, Nicosia, Cyprus
2
Innov-Acts Limited, 1101, Nicosia, Cyprus
*
Author to whom correspondence should be addressed.
Presented at the 3rd annual Decentralized Conference, Athens, Greece, 30 October–1 November 2019.
Proceedings 2019, 28(1), 7; https://doi.org/10.3390/proceedings2019028007
Published: 25 October 2019
Blockchain technology was initially employed as the public transaction ledger for cryptocurrencies. However, beyond cryptocurrencies, blockchain technology has been recently considered for a plethora of other applications as it encapsulates unique properties including decentralization, security, transparency and anti-tampering. Such properties are particularly advantageous for variety of prominent issues experienced in the financial sector. As a result, blockchain technology holds the potential to revolutionize the financial industry by altering the way in which different services are conducted in the financial industry. In this paper, we outline five different financial industry use cases that are expected to be radically transformed by the use of blockchain technology.
Keywords: blockchain; fintech; customer; decentralization; insurance; security blockchain; fintech; customer; decentralization; insurance; security
MDPI and ACS Style

Polyviou, A.; Velanas, P.; Soldatos, J. Blockchain Technology: Financial Sector Applications Beyond Cryptocurrencies. Proceedings 2019, 28, 7. https://doi.org/10.3390/proceedings2019028007

AMA Style

Polyviou A, Velanas P, Soldatos J. Blockchain Technology: Financial Sector Applications Beyond Cryptocurrencies. Proceedings. 2019; 28(1):7. https://doi.org/10.3390/proceedings2019028007

Chicago/Turabian Style

Polyviou, Ariana, Pantelis Velanas, and John Soldatos. 2019. "Blockchain Technology: Financial Sector Applications Beyond Cryptocurrencies" Proceedings 28, no. 1: 7. https://doi.org/10.3390/proceedings2019028007

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