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Fintech and Procurement Finance 4.0

  • Bernardo Nicoletti
Chapter
Part of the Palgrave Studies in Financial Services Technology book series (FST)

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.

Keywords

Industry 4.0 Procurement 4.0 Procurement finance Platform Open banking Blockchain Smart contracts Artificial intelligence B2B cloud Fintech 

Copyright information

© The Author(s) 2018

Authors and Affiliations

  1. 1.Rome campusTemple UniversityRomaItaly

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