Perceptions and Impact of Blockchain Technology and Fintech: A Survey-Based Study

Blockchain technology and fintech innovation are poised to revolutionise finance. Blockchain can decentralise trust, democratise access, and revolutionise processes, while fintech can drive innovation. However, scalability, regulation, and education must be navigated. The future of finance includes...

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Bibliographic Details
Published in2024 First International Conference on Pioneering Developments in Computer Science & Digital Technologies (IC2SDT) pp. 1 - 5
Main Authors Khan, Maham, Ranade, Madhura, Patvardhan, Neha, Joshi, Aniruddha
Format Conference Proceeding
LanguageEnglish
Published IEEE 02.08.2024
Subjects
blockchain
Blockchains
borderless finance
Ecosystems
Finance
Fintech
Industries
regulation
Shape
Statistical analysis
Surveys
Technological innovation
Transforms
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Summary:Blockchain technology and fintech innovation are poised to revolutionise finance. Blockchain can decentralise trust, democratise access, and revolutionise processes, while fintech can drive innovation. However, scalability, regulation, and education must be navigated. The future of finance includes borderless finance, fluid assets, and trust becoming code. Ultimately, this research champions a future where fintech and blockchain transform finance for good, empowering individuals and fostering a more inclusive and secure financial ecosystem. The world is digitising, and finance is progressing with technological challenges. So, it is imperative to study Fintech and its impact. In this paper, the researcher tried to learn about the top fintech trends and how blockchain and fintech will shape the future of the financial services industry. Research Design: This research also consists of a survey which helps us better understand the general public's view on this topic and their opinion on the future of fintech and blockchain technology. The data collected from respondents helps us understand future trends and the fintech industry.
DOI:10.1109/IC2SDT62152.2024.10696322