Shivani Sood, Vibhor Sood, R. Bansal and Siby John
The purpose of this paper is to analyse the urban stormwater quality with respect to different land uses, with a view to identifying areas of critical pollution. These areas can…
Abstract
Purpose
The purpose of this paper is to analyse the urban stormwater quality with respect to different land uses, with a view to identifying areas of critical pollution. These areas can then be prioritised for applying best management practices.
Design/methodology/approach
Major land use types of the study area were mapped. Sampling sites were selected on the basis of designated land use and land cover pattern. Grab samples of runoff were manually collected from the downstream direction of the road runoff in the designated sampling sites in the respective zones during the rainfall events and analysed.
Findings
The stormwater quality varies with land use pattern. In industrial and commercial zones the pollutants were often found to exceed the permissible limits as per Indian standards. The spatial variation in pollutant distribution in the stormwater was highly influenced by the surrounding land use type.
Practical implications
The relationship between stormwater quality and different land uses presented in this paper offers practical guidance in future planning of urban developments. The thematic maps developed based on GIS can be used as an iterative decision‐making tool.
Originality/value
It can be concluded that while suggesting best management practices or pollutant control systems, land use should be taken into consideration.
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Blockchain technology has led the evolution of double entry accounting system to triple entry accounting system. Triple entry accounting is an innovative, promising and potential…
Abstract
Blockchain technology has led the evolution of double entry accounting system to triple entry accounting system. Triple entry accounting is an innovative, promising and potential accounting method when implemented properly would be a game changer for dissemination of accounting information. It is an efficient way to address fundamental concerns of accounting information. This chapter discusses the triple entry accounting system, how it is different from double entry accounting and what are the concerns in implementing triple entry accounting. Triple entry accounting holds the potential to fundamentally evolve accounting practices, can enhance the effective utilisation and sustainable management of resources, and can contribute in development of financial markets.
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Introduction: With the proliferation and amalgamation of technology and the emergence of artificial intelligence and the internet of things, society is now facing a rapid…
Abstract
Introduction: With the proliferation and amalgamation of technology and the emergence of artificial intelligence and the internet of things, society is now facing a rapid explosion in big data. However, this explosion needs to be handled with care. Ethically managing big data is of great importance. If left unmanageable, it can create a bubble of data waste and not help society achieve human well-being, sustainable economic growth, and development.
Purpose: This chapter aims to understand different perspectives of big data. One philosophy of big data is defined by its volume and versatility, with an annual increase of 40% per annum. The other view represents its capability in dealing with multiple global issues fuelling innovation. This chapter will also offer insight into various ways to deal with societal problems, provide solutions to achieve economic growth, and aid vulnerable sections via sustainable development goals (SDGs).
Methodology: This chapter attempts to lay out a review of literature related to big data. It examines the implication that the big data pool potentially influences ideas and policies to achieve SDGs. Also, different techniques associated with collecting big data and an assortment of significant data sources are analysed in the context of achieving sustainable economic development and growth.
Findings: This chapter presents a list of challenges linked with big data analytics in governance and achievement of SDG. Different ways to deal with the challenges in using big data will also be addressed.
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Purpose: The purpose of this chapter is to offer a discussion on the role played by Central Bank Digital Currency (CBDC) in enhancing financial inclusion. The central interest of…
Abstract
Purpose: The purpose of this chapter is to offer a discussion on the role played by Central Bank Digital Currency (CBDC) in enhancing financial inclusion. The central interest of the study is to place CBDC on the financial inclusion landscape and provide insights on potential opportunities and barriers in making CBDC a strong building block of financial inclusion, as well as the digital financial system.
Design/methodology/approach: This chapter is a conceptual work that builds on relevant literature. This study identifies and suggests potential aspects that can help in the adoption of CBDC as a tool for financial inclusion.
Findings: This chapter analyses opportunities, barriers, and concerns for CBDC in the context of financial inclusion and discusses how critical functions of blockchain technology can lead to the acceptance and adoption of CBDC. Furthermore, it has been demonstrated how CBDC can pave the way for financial inclusion and benefit the existing financial system taking more people from financial exclusion towards financial inclusion.
Originality/value: This is evident that CBDCs and financial inclusion need to be intertwined to support upcoming technological transformations happening in the digital financial ecosystem. Therefore, CBDCs must be viewed from varying lenses to understand the relevance of including CBDCs in the financial system can be expanded. Further, repercussions from the given framework are suggested.
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The great recession of 2008–2009 busted the market bubble and highlighted the loopholes in the banking sector related to excessive leverage and inadequate capital. It has led to…
Abstract
Introduction
The great recession of 2008–2009 busted the market bubble and highlighted the loopholes in the banking sector related to excessive leverage and inadequate capital. It has led to the increased rigidity of financial regulations, forcing banks to focus more on compliance rather than moving towards innovation. All these factors together led to the emergence of new players in the financial market in the name of financial technology (Fintech) companies. With the help of Fintech, banking operations are now being revolutionised and transformed into techno-friendly systems. They, hence, can promise to act as a game changer for the banking sector as a whole.
Purpose
This chapter aims to understand different perspectives of Fintech and how it helps the banking sector to improve its operations. This chapter will also offer insight into various types of Fintech instruments used by the banking sector, collaboration between banks and Fintech, and the benefits of its application to the banking sector.
Methodology
This chapter attempts to lay out a literature review on Fintech. It examines the implications of applying Fintech in the banking sector to revolutionise its traditional banking operations and achieve its pre-established targets. Different techniques banks use to match up with Fintech and adapt it easily in its organisational structure.
Findings
This chapter presents a list of challenges linked to the application of financial technology in the banking industry. The chapter will also address the difficulties of using Fintech and ways to deal with them.