Volume 11 - Volume 11
Blockchain in Stock Market Transformation: A Systematic Literature Review
Abstract
Blockchain, which is the core technology for Bit coin and other digital currencies, is a disruptive
technology, especially in the Stock Exchange Market. Although blockchain has much potential in
transforming the traditional stock exchange market, blockchain research in this field is still in its
infancy. Business scholars began publishing studies related to blockchain in the Stock market
transformation in 2015. In this research, we did a PRISMA guided systematic literature review of
blockchain in the Stock market transformation from 2015 to 2019. The results show that even though
there is an increase in studies, more empirical research is required to utilize the potential of
blockchain technology fully. The findings also provide important insights into the current state of a
blockchain scholarly study, including its top advantages and legal obstacles, the risk associated with
implementing this technology, and the identification of various promising blockchain models
currently being proposed in the stock market. We find that blockchain transforms the stock market
remains in an early-stage research domain in terms of theoretical basis, methodological diversity,
and empirically grounded work. Hence, this research identifies the research gaps and highlights
areas where we need a further study that researchers can utilize.
Paper Details
PaperID: 2551
Author's Name: Deona Noble and Kanchan Patil
Volume: Volume 11
Issues: Volume 11
Keywords: Blockchain, Stock Market, Distributed Ledger, Securities Exchange, Systematic Review.
Year: 2021
Month: August
Pages: 5088-5111