BLOCKCHAIN IN FINANCE: A SYSTEMATIC LITERATURE REVIEW

Bulut Karadag; Abdul Halim Zaim; Akhan Akbulut

doi:10.17261/Pressacademia.2024.1945

BLOCKCHAIN IN FINANCE: A SYSTEMATIC LITERATURE REVIEW

Abstract

Purpose- This study aims to conduct a systematic literature review (SLR) on the use of blockchain technology in finance. Methodology- The study analyzes 54 research articles, out of which 32 were relevant to the SLR questions. Nine research questions were formulated and investigated through the chosen articles. These questions can be categorized into three main areas: technical aspects, benefits and challenges, and current/future application areas. Findings- The research reveals the potential of blockchain technology to improve efficiency, reduce costs, and enhance transparency and security in the financial sector. The study identifies technical features of blockchain along with its current and potential applications in finance. Benefits and challenges associated with blockchain technology are explored. Regulatory constraints, scalability concerns, and interoperability issues are highlighted as barriers that need to be addressed. Conclusion- This SLR offers valuable insights into the current state of research on blockchain in finance. It provides a comprehensive analysis of the technology's infrastructure, technology, advantages, and limitations. The findings shed light on potential future applications and pave the way for further research in this domain. This study is particularly beneficial for individuals interested in pursuing blockchain technology in finance.

Keywords

References

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Details

Primary Language

English

Subjects

Behavioural Finance, Finance, Finance and Investment (Other), Business Administration

Journal Section

Research Article

Authors

Bulut Karadag ^* This is me
0000-0001-9976-8121
Türkiye

Abdul Halim Zaim This is me
0000-0002-0233-064X
Türkiye

Akhan Akbulut
Türkiye

Publication Date

December 31, 2024

Submission Date

April 25, 2024

Acceptance Date

October 11, 2024

Published in Issue

Year 2024 Volume: 13 Number: 2

DOI

https://doi.org/10.17261/Pressacademia.2024.1945

IZ

https://izlik.org/JA73FP45XZ

Cite

RIS / Bibtex

APA

Karadag, B., Zaim, A. H., & Akbulut, A. (2024). BLOCKCHAIN IN FINANCE: A SYSTEMATIC LITERATURE REVIEW. Journal of Business Economics and Finance, 13(2), 113-129. https://doi.org/10.17261/Pressacademia.2024.1945

AMA

1.Karadag B, Zaim AH, Akbulut A. BLOCKCHAIN IN FINANCE: A SYSTEMATIC LITERATURE REVIEW. JBEF. 2024;13(2):113-129. doi:10.17261/Pressacademia.2024.1945

Chicago

Karadag, Bulut, Abdul Halim Zaim, and Akhan Akbulut. 2024. “BLOCKCHAIN IN FINANCE: A SYSTEMATIC LITERATURE REVIEW”. Journal of Business Economics and Finance 13 (2): 113-29. https://doi.org/10.17261/Pressacademia.2024.1945.

EndNote

Karadag B, Zaim AH, Akbulut A (December 1, 2024) BLOCKCHAIN IN FINANCE: A SYSTEMATIC LITERATURE REVIEW. Journal of Business Economics and Finance 13 2 113–129.

IEEE

[1]B. Karadag, A. H. Zaim, and A. Akbulut, “BLOCKCHAIN IN FINANCE: A SYSTEMATIC LITERATURE REVIEW”, JBEF, vol. 13, no. 2, pp. 113–129, Dec. 2024, doi: 10.17261/Pressacademia.2024.1945.

ISNAD

Karadag, Bulut - Zaim, Abdul Halim - Akbulut, Akhan. “BLOCKCHAIN IN FINANCE: A SYSTEMATIC LITERATURE REVIEW”. Journal of Business Economics and Finance 13/2 (December 1, 2024): 113-129. https://doi.org/10.17261/Pressacademia.2024.1945.

JAMA

1.Karadag B, Zaim AH, Akbulut A. BLOCKCHAIN IN FINANCE: A SYSTEMATIC LITERATURE REVIEW. JBEF. 2024;13:113–129.

MLA

Karadag, Bulut, et al. “BLOCKCHAIN IN FINANCE: A SYSTEMATIC LITERATURE REVIEW”. Journal of Business Economics and Finance, vol. 13, no. 2, Dec. 2024, pp. 113-29, doi:10.17261/Pressacademia.2024.1945.

Vancouver

1.Bulut Karadag, Abdul Halim Zaim, Akhan Akbulut. BLOCKCHAIN IN FINANCE: A SYSTEMATIC LITERATURE REVIEW. JBEF. 2024 Dec. 1;13(2):113-29. doi:10.17261/Pressacademia.2024.1945