BLOCKCHAIN AS A TECHNOLOGICAL BASIS OF THE DEVELOPMENT OF BANKS

Modern information technologies open up new opportunities for the banking sector as well as carry with them unknown challenges for banks. The article reveals the features of block-technology and the possibility of its use by banks, which in the conditions of technological competition with the financ...

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Main Author: A. Berdyshev
Format: Article
Language:English
Published: Publishing House of the State University of Management 2018-04-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/1009
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author A. Berdyshev
author_facet A. Berdyshev
author_sort A. Berdyshev
collection DOAJ
description Modern information technologies open up new opportunities for the banking sector as well as carry with them unknown challenges for banks. The article reveals the features of block-technology and the possibility of its use by banks, which in the conditions of technological competition with the financial companies will require from them the ability to enhance competitive advantages based on maximizing the positive effect of the strengths and leveling their weaknesses on the basis of the latest technologies.
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id doaj-art-5694c3c3f30d4ef8b8117085348c1d90
institution Kabale University
issn 1816-4277
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language English
publishDate 2018-04-01
publisher Publishing House of the State University of Management
record_format Article
series Вестник университета
spelling doaj-art-5694c3c3f30d4ef8b8117085348c1d902025-02-04T08:27:55ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152018-04-010413213510.26425/1816-4277-2018-4-132-1351009BLOCKCHAIN AS A TECHNOLOGICAL BASIS OF THE DEVELOPMENT OF BANKSA. Berdyshev0Financial University under the Government of the Russian FederationModern information technologies open up new opportunities for the banking sector as well as carry with them unknown challenges for banks. The article reveals the features of block-technology and the possibility of its use by banks, which in the conditions of technological competition with the financial companies will require from them the ability to enhance competitive advantages based on maximizing the positive effect of the strengths and leveling their weaknesses on the basis of the latest technologies.https://vestnik.guu.ru/jour/article/view/1009banksfintech companiesblockchainfinancial and payment systemstechnologies
spellingShingle A. Berdyshev
BLOCKCHAIN AS A TECHNOLOGICAL BASIS OF THE DEVELOPMENT OF BANKS
Вестник университета
banks
fintech companies
blockchain
financial and payment systems
technologies
title BLOCKCHAIN AS A TECHNOLOGICAL BASIS OF THE DEVELOPMENT OF BANKS
title_full BLOCKCHAIN AS A TECHNOLOGICAL BASIS OF THE DEVELOPMENT OF BANKS
title_fullStr BLOCKCHAIN AS A TECHNOLOGICAL BASIS OF THE DEVELOPMENT OF BANKS
title_full_unstemmed BLOCKCHAIN AS A TECHNOLOGICAL BASIS OF THE DEVELOPMENT OF BANKS
title_short BLOCKCHAIN AS A TECHNOLOGICAL BASIS OF THE DEVELOPMENT OF BANKS
title_sort blockchain as a technological basis of the development of banks
topic banks
fintech companies
blockchain
financial and payment systems
technologies
url https://vestnik.guu.ru/jour/article/view/1009
work_keys_str_mv AT aberdyshev blockchainasatechnologicalbasisofthedevelopmentofbanks