Date
10-16-2024
Department
Graduate School of Business
Degree
Doctor of Business Administration (DBA)
Chair
Henry Kerich
Keywords
blockchain technology, distributed ledger, banking, finance, fintech (AI), decentralized finance, Federal Reserve, FedNow, FRED, credit creation theory, digital currency, cryptocurrency, smart contracts, stablecoins, decentralized autonomous organizations, tokenization of assets, ChatGPT
Disciplines
Business
Recommended Citation
Barnett, O'Neal Lawrance, "Banks Shareholder Net Worth and Blockchain Technology" (2024). Doctoral Dissertations and Projects. 6096.
https://digitalcommons.liberty.edu/doctoral/6096
Abstract
This study examined how blockchain technology affects the banking industry, specifically lending. It provided insights into how blockchain technology changes traditional banking operations and its potential to transform the industry. The research emphasized changes in banking and the effects of technological advances, particularly in digitalization. It outlined the research objectives to provide perspectives on how blockchain technology could lower costs and improve shareholders' equity in the banking sector. The study used a mixed-method design for the analysis. It outlined various strategies for banks to use blockchain technology, highlighting its potential benefits, such as improved transparency, faster settlements, increased trust, and reduced transaction expenses. This includes using relevant mechanisms such as stablecoins or digital currency, decentralized autonomous organizations (DAOs), tokenization, and smart contracts. Additionally, the study emphasized the limitations of blockchain technology within the banking sector, highlighting the need for further investigation into regulation, scalability, and interoperability. The research stressed the importance of understanding blockchain technology's limitations and potential impact on shareholder value. It also examined its potential role in improving operational efficiency, transparency, and security within the banking realm. Moreover, it emphasized the necessity of strategic planning and investment to address the complexities of integrating blockchain technology into banking operations.
