Digital currencies, decentralization of money, and the growth of new technologies like blockchain, the Internet of Things, and machine learning have produced new opportunities and difficulties for banking and finance, as well as users of these services in electronic commerce. New banking and finance technologies may improve operational efficiency, risk management, compliance, and client pleasure, but they can decrease barriers and introduce new concerns, such as cybersecurity risk.
Cryptocurrencies with smart contracts for payments and trading, as well as AI systems with adaptive algorithms that allow picture and speech recognition, expert judgement, group categorization, and forecasting in a variety of fields, are instances of increased automation. Simultaneously, the potentials pose risks and raise regulatory concerns. The rise of blockchain technology and its widespread use have had a significant impact on the operation and management of digital systems. At the same time, researchers and practitioners have paid close attention to digital finance. Blockchain's first applications were limited to the production of digital currency, but it has now been expanded to include financial and commercial applications. Innovative digital finance has had a huge impact on business and society since it has been extensively adopted by businesses and consumers. As a result, the goal of this edited book is to expand and deepen our knowledge of the business possibilities of novel blockchain and digital financial applications.
About the Author :
Mohd Naved, PhD, is an associate professor with a career spanning over a decade in the fields of business analytics, data science, and artificial intelligence. He has over 80 publications in reputed scholarly journals and books, and his research focuses on the applications of these disciplines in various industries.
V. Ajantha Devi, PhD, is a distinguished researcher and holds the position of Research Head at AP3 Solutions, located in Chennai, Tamil Nadu, India. She earned her Ph.D. from the University of Madras in 2015, marking the inception of her impressive academic journey. She has over 45 papers published in prestigious international journals and conference proceedings, and she has authored, co-authored and edited numerous books.
She holds five Australian patents and one Indian patent, and she has won numerous awards.
Aditya Kumar Gupta, PhD, is an associate professor at Amity University, Noida, India, with over 20 years of experience in both academia and industry. He is the editor of the Amity Case Research Journal, and he has been a reviewer for many scientific journals.
