Shulph Ink
Applications, Challenges, and Opportunities of Blockchain Technology in Banking and Insurance
Applications, Challenges, and Opportunities of Blockchain Technology in Banking and Insurance
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- More about Applications, Challenges, and Opportunities of Blockchain Technology in Banking and Insurance
The adoption of blockchain in the banking and insurance industry is developing rapidly. Blockchain technology optimizes and integrates transactions, reduces communication costs, and minimizes data transfer errors. Applications, Challenges, and Opportunities of Blockchain Technology in Banking and Insurance is a premier reference source for policymakers, government officials, students, and educators.
Format: Hardback
Length: 335 pages
Publication date: 03 June 2022
Publisher: IGI Global
The impact of technological transformation on business models across various industries is profound, with emerging technologies offering new avenues for competitive advantage and economic advancement. Blockchain technology, in particular, has the potential to revolutionize shared IT-based networks in industries such as banking, insurance, and others. The adoption of blockchain in these sectors is rapidly growing, driven by its ability to create open and trustworthy network models.
Applications, Challenges, and Opportunities of Blockchain Technology in Banking and Insurance delves into how blockchain technologies optimize and integrate transactions, operations, access to information, and reduction in communication costs and negligible data transfer errors. It includes comprehensive studies on various banking and insurance industries exploring the use of blockchain technology to enhance transactions' convenience, simplicity, and security. The book covers topics such as cryptocurrency, digital transformation, and the impact of blockchain on small and medium-sized enterprises.
As a premier reference source, this book is invaluable for policymakers, government officials, students, educators, libraries, banking managers, insurance professionals, researchers, and academicians. It provides a comprehensive understanding of blockchain technology's potential to transform the banking and insurance industries and its implications for the future of finance and commerce.
Dimension: 279 x 216 (mm)
ISBN-13: 9781668441336
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