Blockchain Technology Innovation in Transforming Digital Business Models: A Case Study in the Financial Industry

Almasari Aksenta; Syachrul Syachrul

doi:10.62207/c443a226

Authors

Almasari Aksenta Politeknik Negeri Samarinda, East Kalimantan, Indonesia Author
Syachrul Syachrul Politeknik Negeri Samarinda, East Kalimantan, Indonesia Author

DOI:

https://doi.org/10.62207/c443a226

Keywords:

blockchain, digital business models, financial industry, operational efficiency, data security

Abstract

Blockchain technology has emerged as a transformational innovation with significant implications for the financial sector, increasing transparency, security and operational efficiency. This research aims to explore how blockchain technology can change digital business models in the financial industry. Using the PRISMA method, the author conducted a systematic review of relevant literature. The research results show that blockchain adoption can streamline operational processes, reduce costs, and increase data security. The implications of this research include increasing trust and efficiency in financial services, as well as providing practical guidance for the implementation of blockchain technology in the industry.

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