학술논문

On the Applications of Blockchain in FinTech: Advancements and Opportunities
Document Type
Periodical
Source
IEEE Transactions on Engineering Management IEEE Trans. Eng. Manage. Engineering Management, IEEE Transactions on. 71:6338-6355 2024
Subject
Engineering Profession
Blockchains
Security
Banking
Peer-to-peer computing
Investment
Computer crime
Companies
Blockchain
cyberattacks
Financial Technology (FinTech)
privacy
security
Language
ISSN
0018-9391
1558-0040
Abstract
Financial Technology (FinTech) has expanded beyond simple mobile banking to online money transfers, crowdfunding, and managing individual investments. This reinforces the importance of ensuring security and privacy in FinTech, e.g., using Blockchain (hereafter referred to as Blockchain-based FinTech applications). In this work, we will systematically summarize recent Blockchain-based FinTech applications. As a result of the advancement of BFinTech, several novel cyberattacks have been evolved to potentially impact BFinTech functionalities. Thus, this work highlights the open research challenges and future research directions in Blockchain-based FinTech applications.