Digital Transformation in Financial Field

In this study, digital transformation applications in the business world and in finance field are discussed in detail. The current and potential effects of digitalization on a wide spectrum from operational finance to portfolio management are examined. Advantages and disadvantages of digital transfo...

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Bibliographic Details
Main Author: Havane Tembelo
Format: Article
Language:English
Published: Istanbul Commerce University 2020-10-01
Series:International Journal of Commerce and Finance
Subjects:
Online Access:http://ijcf.ticaret.edu.tr/index.php/ijcf/article/view/216
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spelling doaj-51fc39ecaf644721b3eea5d4be31338f2020-11-25T03:17:12ZengIstanbul Commerce UniversityInternational Journal of Commerce and Finance2149-96082149-96082020-10-0162125138Digital Transformation in Financial FieldHavane TembeloIn this study, digital transformation applications in the business world and in finance field are discussed in detail. The current and potential effects of digitalization on a wide spectrum from operational finance to portfolio management are examined. Advantages and disadvantages of digital transformation have been examined in detail and a general evaluation has been made about the ongoing process. One of the most important milestones of digitalization in the financial world is cryptocurrency. It is totally based on blockchain technology that eliminates public authority intervention and intermediaries by establishing peer to peer (P2P) transactions via the decentralized platform. In particular, the possible effects of increasing digitalization efforts on the financial environment after Covid-19 are interpreted.http://ijcf.ticaret.edu.tr/index.php/ijcf/article/view/216financial services industriesdigital transformationfintech
collection DOAJ
language English
format Article
sources DOAJ
author Havane Tembelo
spellingShingle Havane Tembelo
Digital Transformation in Financial Field
International Journal of Commerce and Finance
financial services industries
digital transformation
fintech
author_facet Havane Tembelo
author_sort Havane Tembelo
title Digital Transformation in Financial Field
title_short Digital Transformation in Financial Field
title_full Digital Transformation in Financial Field
title_fullStr Digital Transformation in Financial Field
title_full_unstemmed Digital Transformation in Financial Field
title_sort digital transformation in financial field
publisher Istanbul Commerce University
series International Journal of Commerce and Finance
issn 2149-9608
2149-9608
publishDate 2020-10-01
description In this study, digital transformation applications in the business world and in finance field are discussed in detail. The current and potential effects of digitalization on a wide spectrum from operational finance to portfolio management are examined. Advantages and disadvantages of digital transformation have been examined in detail and a general evaluation has been made about the ongoing process. One of the most important milestones of digitalization in the financial world is cryptocurrency. It is totally based on blockchain technology that eliminates public authority intervention and intermediaries by establishing peer to peer (P2P) transactions via the decentralized platform. In particular, the possible effects of increasing digitalization efforts on the financial environment after Covid-19 are interpreted.
topic financial services industries
digital transformation
fintech
url http://ijcf.ticaret.edu.tr/index.php/ijcf/article/view/216
work_keys_str_mv AT havanetembelo digitaltransformationinfinancialfield
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