scholarly journals The impact of blockchain technology on the financial sector: current status and scopes of application

Author(s):  
V. S. Kokhanova ◽  
K. S. Bokhon

Development of digital economy in the context of modern financial globalization is becoming an issue of national security and independence of a country. Internet development and providing better quality of information exchange, sending documents between departments, storing information, carrying out complex calculations, and computer modeling of engineering facilities. This article discusses promising technologies that have found their application in the financial sector. The blockchain technology and its application options are described with the prospect of combining all information flows into a single system. The possibilities of using blockchain technology in the financial sector are examined, the main advantages and problems of using this technology in the financial sector are analyzed. The analysis of foreign experience in the implementation of blockchain technology by financial institutions is presented, the advantages of the implementation of best practices in the financial reality of Russia are shown.

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Sunaina Shrivastava ◽  
Gaurav Jain ◽  
JaeHwan Kwon ◽  
Dhananjay Nayakankuppam

Purpose Traditionally, it has been held that strong attitudes are a result of the conscious cognitive process of elaboration where one engages in effortful issue-relevant thinking. The purpose of this study is to show that attitude strength can follow from processes not just limited to elaboration – as a function of certain embodied states. This study examines bodily manipulations that could alter perceptions about the quality of the information describing a target (e.g. notion of “hard/soft” evidence), and, find that such an embodiment leads one to have strong attitudes toward the target object. This study proposes an attitude-rehearsal-based mechanism to explain the phenomenon. Design/methodology/approach This study have relied on lab experiments as a methodology – undergraduate students and American residents served as participants. This study have conducted a pre-registered study as well. Findings In the work, the study shows that strong attitudes can result from processes not just limited to elaboration, as a function of certain embodied states. This paper examines bodily manipulations that could alter perceptions about the quality of information describing the target (e.g. notion of “hard vs soft”; “converging vs diverging” information), and, find that such an embodiment leads one to have strong attitudes toward the target. This study consistently observed that the bodily manipulations influence attitude accessibility, a direct and operational indicator of attitude strength. This study further validates an attitude-rehearsal-based mechanism to explain the observed phenomenon. Originality/value While much work has investigated the impact of embodiment on attitudes, little attention has been paid to whether, and, how embodied states can impact the “strength” of the attitude without impacting the attitude itself – to the knowledge, this paper is the first to document this. Moreover, traditionally, it has been held that strong attitudes are a result of the conscious cognitive process of elaboration where one engages in effortful issue-relevant thinking. This study however shows that attitude strength can follow from processes not just limited to elaboration – as a function of certain embodied states.


2016 ◽  
Vol 4 (2) ◽  
pp. 123
Author(s):  
Novita Anugrah Listiyana ◽  
Dedi Rusdi

This study analyzed the relationship between humans as users of the system and application software as object an inseparable relationship. The purpose of this study was to analyze the effect of variable quality system to the perception of the quality system, the effect of perceived quality system and quality of information on the intensity of use and user satisfaction, and the influence of the intensity of use and user satisfaction of the impact of individual performance. This research is an empirical study using purposive sampling technique in data collection. Data were collected through  questionnaires to 39 BMT’s operational employees. Then, performed an analysis of the data obtained used path analysis. This included: testing hypotheses through path analysis. The results of tests performed using path analysis to get the results that each variable in the model of equation 4 had a coefficient with a positive direction. This means that the improvement of the quality of the system will be able to improve the quality of information for the individual impact of the use and satisfaction of employees through the use of the system.


2010 ◽  
Vol 1 (1) ◽  
pp. 41-56 ◽  
Author(s):  
Kenneth E. Kendall ◽  
Sue Kong ◽  
Julie E. Kendall

Systems developers and IT project managers who apply agile methods for developing information systems (IS) subscribe to a set of values and principles. This adherence to a set of values and principles, along with a passion or fervor surrounding the agile philosophy, made us question whether the adoption of agile methodologies has an effect on information systems built, and in particular, the quality of the IS developed. In this paper we construct a conceptual model, conduct a survey of software developers, and analyze our results, which support our hypotheses about the importance of the strategic selection of a development methodology. We conclude that practicing project managers should consider the decision to use certain methodologies as part of the strategic process.


2005 ◽  
Vol 21 (2) ◽  
pp. 105-114 ◽  
Author(s):  
Jaring Boersma ◽  
Gabriel Loke ◽  
Valia T. Petkova ◽  
Peter C. Sander ◽  
Aarnout C. Brombacher

Hematology ◽  
2005 ◽  
Vol 2005 (1) ◽  
pp. 409-415 ◽  
Author(s):  
Claire N. Harrison

Abstract The myeloproliferative disorders have been the “poor cousins” in the family of hematological malignancies for some time. Recently this field has advanced considerably with the description of a mutation in the JAK2 kinase detectable in the majority of patients and the publication of two landmark clinical trials—ECLAP and MRC PT1. But although both ECLAP and MRC PT1 inform clinical management and allude to the complexities of thrombosis we still lack fundamental knowledge, and our understanding of thrombosis in these conditions has not paralleled advances in the field of thrombosis and vascular biology. The predominant clinical complications of essential thrombocythemia and polycythemia vera are thrombotic and hemorrhagic; these significantly impact upon prognosis and quality of life. Here the current status of our knowledge is reviewed with specific emphasis upon the role of the platelet in the pathogenesis of thrombosis as well as the impact of recent data from ECLAP and MRC PT1.


Author(s):  
О. Baranovskyi ◽  
I. Boiarko ◽  
T. Zlunitsyna

The existing methods of separate central banks, regulators of financial markets, international financial and credit institutions, rating agencies and consulting companies, which can be used partially to assess the quality of transformational processes taking place in the financial sector, are analyzed. An adequate methodical toolkit is proposed, which will allow to assess the potential of the domestic financial sector, to identify the patterns of transformation processes, and also to assess the impact of their quality on the functioning of financial intermediaries and to propose appropriate mechanisms for ensuring their further development. The structural-logical scheme of formation of criteria and system of indicators of the quality of transformational processes in the financial sector of the country’s economy is developed. Investigated general approaches are considered to be useful for developing a methodology for the integral assessment of the quality of transformation processes in the financial sector of the economy by specifying the content of the main stages and methodological approaches to the goals and object of the research. Assessment of the quality of transformation processes in the financial sector of the national economy is an ambiguous process. This is due to the fact that, firstly, in this regard it can be considered as the impact of transformations on the quality of objects, and as the quality of the transformations in particular. Secondly, transformation processes in the financial sector of the national economy can be positive and negative; general and specific; large-scale and minor; systematic and dotted; intensive and extensive; priority and non-priority; stimulating and moderating; divergent; resource, technological, institutional, organizational, quality, behavioral; timely and spatial; painful, conflict and non-conflict; and also they are made with different expenses. Thirdly, both expected and actual results of transformation processes in the financial sector should be assessed.


2021 ◽  
Vol 8 (3) ◽  
pp. 384-388
Author(s):  
Blerim Dragusha ◽  
Vlora Prenaj

This paper focuses on the determinants of the impact of social networks on the recruitment process in Kosovar enterprises, concluding that the main factor of that impact is the quality of information, cost benefits, and timeliness. Another factor of particular importance is the competitive advantages social networks provide with respect to efficiently attracting suitable candidates to recruit through their unified data processing speed. The managers interviewed in this study provided evidence that recruitment using social networks is faster than with traditional methods. Social networks enable firms to quickly and easily access applicants from all over the world easily at a low cost. Social networks provide in-depth discussions to understand the views and opinions of both parties in the recruitment process. The information provided by social networks on the personal and professional life of the potential job candidate makes social networks an important tool for recruitment


Author(s):  
N. Shash ◽  
T. Fam

The article examines the impact of the quality of the institutional environment on the development of the real and financial sectors of the economy. To assess the formation of the institutional environment, a set of qualitative and quantitative indicators was used. As indicators for assessing the development of the financial sector, it is proposed to use indicators of financial depth. Based on the use of correlation analysis tools, correlations between indicators of financial depth and indicators for assessing the formation of the institutional environment were identified. Based on the identified most significant correlations, taking into account institutional factors, diagnostic models were constructed, the use of which allowed us to build three forecast scenarios for changes in the financial depth of the Chinese financial system for the period up to 2030: optimistic, optimistic and basic. Arguments are presented that prove the weakness of the institutional environment of the Chinese economy, not only in comparison with the most developed economies, but also in emerging markets due to the preservation of certain characteristics of the transition economy, which hinders the development of the financial sector and market mechanisms. It is revealed that in the short term, further expansion of state participation in the Chinese financial market in a weak institutional environment may have a positive effect, but in the long term, an increase in state presence may become an obstacle to institutional development. Testing of the proposed tools of correlation analysis on the materials of the United States showed that indicators of the financial depth of the financial systems of developed countries with a high level of development of institutions have much weaker correlations with indicators of the formation of the institutional environment than in countries with emerging markets characterized by low quality of institutions.


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