Abstract
Fintech and blockchain technology development are explored in the chapter “FinTech and Blockchain: Contemporary Issues New Paradigm and Disruption.” The decentralized nature of blockchain can be beneficial, but with significant drawbacks and adaptation to existing technology. Its supremacy in innovation and technology questions Fintech’s traditional financial ways of providing financial services. Blockchain research and its broader implications are currently very much associated with the sustainability of financial technologies. Blockchain is evolving in both academia and industry as a vision of the next generation of alternative solutions to existing problems. The chapter also sets out some highlights from the last 20 years, including non-traditional payment schemes, the proliferation of open-source and free software for the public, the cashless era, the reworking of the financial services industry, emerging currencies, and the full domination of the ecosystems of smartphones and financial devices.
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Regmi, R., Rai, D., Khanal, S. (2021). Fintech and Blockchain: Contemporary Issues, New Paradigms, and Disruption. In: Pompella, M., Matousek, R. (eds) The Palgrave Handbook of FinTech and Blockchain. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-66433-6_4
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