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In this chapter, the authors study how cryptotoken issuance, also referred to as initial coin offerings and security token offerings, may disrupt funding markets such as venture capital, crowdfunding, and private equity. The authors discuss the necessary infrastructure to support this new asset class. The authors analyze the market evolution in terms of volatility, global reach, news events, and types of industries that are issuing or considering to issue tokens. The authors discuss some specific token offerings to highlight lessons learned. the authors summarize the regulatory landscape and challenges going forward. This market crashed in terms of market capitalization at the end of 2018. However, this new asset class along with the underlying technology holds great promise to disrupt various types of intermediaries if adequate financial and regulatory infrastructures are developed.

This paper aims to describe the benefits of the Brave web browser and its native cryptocurrency, the Basic Attention Token (BAT), for use by library patrons to preserve privacy and as a potential fundraising platform for libraries.

The Brave browser and BAT are introduced, an analysis of trends in adoption of these technologies is discussed and an argument for libraries to adopt/promote these technologies is presented.

Libraries could support the online privacy of their patrons if they encourage them to adopt the Brave browser, which is designed with privacy and security in mind. Libraries could also benefit from participating in the Brave Rewards program, which allows Brave users to donate BAT, a cryptotoken that they earn by viewing Brave ads, which can be traded for cash.

To the best of the author’s knowledge, this paper is the first to discuss the applications of the Brave browser in libraries and the potentials of cryptocurrency adoption by libraries.

Cryptoassets are an asset class recorded in a digital form that does not represent a financial claim or liability for an issuer or a custodian. This chapter provides a detailed review of various cryptoassets by comparing different characteristics, products, and listing exchanges and discusses criticisms of the crypto ecosystem. It also discusses cryptoasset features, methods of tokenization, and advances in decentralized, peer-to-peer exchanges. Another topic examined is the criticisms of cryptoasset exchanges and ongoing regulatory implications due to cryptocurrency’s open-source nature. The chapter evaluates numerous types and trends of cryptoassets, including currency, utility, platform, and transactional tokens.

This paper aims to undertake a thematic review of academic papers on financial technology (FinTech) to identify three broad categories for the purpose of classifying extant literature. The paper summarizes the research and findings in this emerging field. Thereafter, it identifies the gaps and provides directions for further research. Simultaneously, the paper collates technical terms related to FinTech that appear repeatedly in each category and explains them. Finally, the study highlights the lessons that growing FinTech firms and their regulators can learn from the experiences of their counterparts across the globe.

A systematic review of literature consisting of 130 studies (social science research network [SSRN]-29 papers, Scopus-81, other sources-20) on FinTech is carried out in this thematic paper.

This thematic paper divides FinTech into three themes, i.e. financial industry, innovation/technology and law/regulation. The paper suggests that a thorough impact of FinTech on various stakeholders can be understood using three dimensions, namely, consumers, market players and regulatory front. It is noted that FinTech is in its nascent phase and is undergoing continuous development and implementation through product and process innovation, disruption and transformation.

The paper reports that FinTech promises huge potential for further study by various stakeholders in the FinTech industry – from academia to practitioners to regulators.

The paper summarizes lessons that could be of significance for FinTech users, producers, entrepreneurs, investors, policy designers and regulators.

The paper is believed to add value to the understanding of FinTech in light of the emerging threats and opportunities for its various stakeholders.

This paper aims to examine the impact of traditional banks’ financial technology (FinTech) adoption on corporate loan spreads and lending practices.

This study examines the impact of FinTech adoption by banks on corporate loan spreads and lending practices. By analyzing data from bank 10-K filings, we develop a novel metric to assess FinTech adoption at the individual bank level. Our analysis reveals a significant positive correlation between increased FinTech adoption and higher corporate loan spreads, particularly for loans that are relatively informationally opaque. This causality is further validated through a quasi-natural experiment. Additionally, we identify trends toward loans with smaller sizes and longer maturities in banks with advanced FinTech integration.

Using a sample of corporate loans issued from 1993 to 2020, this paper documents a significant positive relationship between a bank’s increased FinTech adoption and higher loan spreads. This correlation is especially noticeable for loans that are informationally opaque. Moreover, the paper reveals trends toward smaller loan sizes and longer maturities with advanced FinTech integration in banks. Overall, these findings indicate FinTech enhances efficiency in processing hard information and holds the potential to enhance financial inclusion.

This paper contributes to two significant strands of finance literature. First, it highlights how banks with advanced FinTech integration gain advantages through enhanced processing of hard information. Furthermore, it underscores the role of FinTech in promoting financial inclusion, particularly for those borrowers facing informational opacity.

This paper aims to investigate the way in which blockchain technology is likely to influence future supply chain practices and policies.

A systematic review of both academic and practitioner literature was conducted. Multiple accounts of blockchain adoption within industry were also consulted to gain further insight.

While blockchain technologies remain in their infancy, they are gaining momentum within supply chains, trust being the predominant factor driving their adoption. The value of such technologies for supply chain management lies in four areas: extended visibility and traceability, supply chain digitalisation and disintermediation, improved data security and smart contracts. Several challenges and gaps in understanding and opportunities for further research are identified by this research. How a blockchain-enabled supply chain should be configured has also been explored from a design perspective.

This systematic review focuses on the diffusion of blockchain technology within supply chains, and great care was taken in selecting search terms. However, the authors acknowledge that their choice of terms may have excluded certain blockchain articles from this review.

This paper offers valuable insight for supply chain practitioners into how blockchain technology has the potential to disrupt existing supply chain provisions as well as a number of challenges to its successful diffusion.

The paper debates the poential social and economic impact brought by blockchain.

This paper is one of the first studies to examine the current state of blockchain diffusion within supply chains. It lays a firm foundation for future research.