Citation:

Md. Golam Sharoar, Tanmay Borman. "Blockchain is the Future of Financial Services: A Bibliometric Analysis" International Research Journal of Economics and Management Studies, Vol. 3, No. 3, pp. 1-12, 2024.

Abstract:

In the modern age of global and sustainable information management, blockchain has undergone a revolutionary transformation within financial services. To comprehend this novel trajectory, this study employs a systematic review and bibliometric analysis to investigate key research themes and trends in adopting blockchain technology within the financial services sector. Following the PRISMA approach, the authors meticulously curated relevant articles from the Scopus database. Bibliographic data were then meticulously assembled and analyzed using VOSviewer 1.6.18 to construct various network visualization maps, including co-authorship, citation, co-citation, bibliographic coupling, and term co-occurrence. The resulting network maps provided a comprehensive overview of the scholarly landscape, highlighting influential works, collaborative networks, and thematic clusters. Significant terms were extracted and cross-mapped through this rigorous analysis to identify patterns and interconnections. The authors distilled three overarching themes from the literature, namely decentralization, resiliency, and challenges. These themes encapsulate the transformative potential of blockchain in reshaping traditional financial paradigms. The findings from this study not only contribute to a nuanced understanding of the current state of blockchain adoption but also pave the way for future research directions in addressing challenges and advancing the integration of blockchain technology within the financial services sector.

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Keywords:

Blockchain, Technology, Financial Services, Bibliometric Analysis.