An Empirical Study of Blockchain Technology, Innovation, Service Quality and Firm Performance in the Banking Industry
- Title
- An Empirical Study of Blockchain Technology, Innovation, Service Quality and Firm Performance in the Banking Industry
- Creator
- Rekha A.G.; Resmi A.G.
- Description
- Despite the potential promises that blockchain technology (BT) offers to the financial services sector, its large-scale implementations are still in a nascent stage. There is no consensus on what benefits BT may bring, and there is always a possibility of difference between expected benefits and experienced real-world impact. Since the actual impact can be assessed only after large-scale implementations by financial institutions, there is little empirical evidence available in the literature. In this context, this research seeks to explore the potential impact of BT by developing and empirically testing a model. For this purpose, we have identified four dimensions of BT, namely, Decentralization, Transparency, Trustlessness, and Security. The impact of BT on innovation, service quality, and firm performance is assessed based on the extent to which these dimensions are present in the organization. The linkages of the latent constructs are estimated by analyzing the primary data collected from senior managers of various banks in India. The findings of this study provide several important considerations regarding the implementation of BT. The Author(s), under exclusive license to Springer Nature Switzerland AG 2021.
- Source
- Eurasian Studies in Business and Economics, Vol-16, No. 1, pp. 75-89.
- Date
- 2021-01-01
- Publisher
- Springer Science and Business Media B.V.
- Subject
- Bank; Blockchain; Financial service; Innovation; Performance; Service quality
- Coverage
- Rekha A.G., Research wing-SBIL, State Bank of India, Kolkata, India; Resmi A.G., Business Studies and Social Sciences, Christ (Deemed to be University), Bangalore, India
- Rights
- Restricted Access
- Relation
- ISSN: 23645067
- Format
- Online
- Language
- English
- Type
- Book chapter
Collection
Citation
Rekha A.G.; Resmi A.G., “An Empirical Study of Blockchain Technology, Innovation, Service Quality and Firm Performance in the Banking Industry,” CHRIST (Deemed To Be University) Institutional Repository, accessed April 28, 2025, https://archives.christuniversity.in/items/show/18770.