A Probe into the Feasibility and Impact of the Global Decentralized Digital Financial Market

As the trend of globalization continues, financial markets around the world are becoming decentralized, making the way currencies are traded more and more open. Of these, digital currency transactions are the most affected of all transactions. This new model of financial transactions usually takes t...

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Bibliographic Details
Published inBig Data Analytics for Cyber-Physical System in Smart City Vol. 1303; pp. 1452 - 1456
Main Author Wei, XinRan
Format Book Chapter
LanguageEnglish
Published Singapore Springer 2021
Springer Singapore
SeriesAdvances in Intelligent Systems and Computing
Subjects
Decentralized digital finance
Globalization
Market
Technology
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Summary:As the trend of globalization continues, financial markets around the world are becoming decentralized, making the way currencies are traded more and more open. Of these, digital currency transactions are the most affected of all transactions. This new model of financial transactions usually takes the form of automation, simplifying the process of intermediary and ensuring the security of financial markets by mimicking the mode of transport of the banking industry. Therefore, the global decentralized digital financial market model is feasible and has far-reaching implications in promoting the development of financial markets and optimizing the structure of financial markets. Based on this, this paper will discuss the feasibility of global decentralized digital finance in financial markets and the impact of global decentralized digital finance in financial markets from the concept of decentralized digital finance.
ISBN:9789813345737
981334573X
ISSN:2194-5357
2194-5365
DOI:10.1007/978-981-33-4572-0_209