Lohkoketjuteknologia verrattuna nykypäivän pankkijärjestelmään
Parikka, Johannes (2018)
Parikka, Johannes
2018
Tuotantotalous
Talouden ja rakentamisen tiedekunta - Faculty of Business and Built Environment
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Hyväksymispäivämäärä
2018-01-10
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:tty-201712122327
https://urn.fi/URN:NBN:fi:tty-201712122327
Tiivistelmä
The financial market is investing a lot of capital in blockchain technology. This raises the research question, what are the key differences between current banking system and blockchain technology. The Bachelor's thesis, therefore examines banks' market position and their electronic transaction method. This is followed by the blockchain's transaction method. The structure and approaches of the both transaction methods are analyzed in detail in their own chapters and then compared in the result section.
The Bachelor's thesis was done as a literature review from earlier scientific source material dealing with blockchain and current banking system. This study therefore combines the current analysis of the banking system and blockchain technology. The scientific resources are analyzed together. The strengths and the weaknesses of the systems are analyzed with the collected source material. The Bachelor's degree also examines the current utilization of blockchain by verifying technological competition in the financial sector.
This thesis culminates in the benchmarking the different systems based on the scientific source material. As a result of the literature review, it is clear that the blockchain is better performing transaction verification speed, user security, transaction costs, and accounting. On the other hand, the current banking system performs better in customer protection, scalability, transaction disputes and energy efficiency. Technology-centric competition in financial markets requires new innovations, such as blockchain.
The Bachelor's thesis was done as a literature review from earlier scientific source material dealing with blockchain and current banking system. This study therefore combines the current analysis of the banking system and blockchain technology. The scientific resources are analyzed together. The strengths and the weaknesses of the systems are analyzed with the collected source material. The Bachelor's degree also examines the current utilization of blockchain by verifying technological competition in the financial sector.
This thesis culminates in the benchmarking the different systems based on the scientific source material. As a result of the literature review, it is clear that the blockchain is better performing transaction verification speed, user security, transaction costs, and accounting. On the other hand, the current banking system performs better in customer protection, scalability, transaction disputes and energy efficiency. Technology-centric competition in financial markets requires new innovations, such as blockchain.
Kokoelmat
- Kandidaatintutkielmat [7045]