Tools
Tools
Devanga, Smitha Vishwanath (2023) Significance of Regulatory Technology and its Impact on Banks and Financial Institutions amongst the Growth of Decentralized Finance. Masters thesis, Dublin, National College of Ireland.
Preview |
PDF (Master of Science)
Download (694kB) | Preview |
Preview |
PDF (Configuration manual)
Download (320kB) | Preview |
Abstract
Recently Blockchain, Machine learning, and Artificial Intelligence have taken a great place within technology not limited to the Information Technology domain but it has been implemented within various domains such as Financial, Transport, Education, Supply chain, etc. This report mainly focuses on Banks and the financial sector, Defi i.e., Decentralized finance which is a revolutionary idea within this sector as it uses Blockchain technology to give access to an open and permissible financial ecosystem eliminating the need for intermediaries during any transfers of payments. Traditional banks and financial firms are finding it difficult to cope with technology and the huge volume, Regtech which is Regulatory technology solution helps Bank to provide effective and automated compliance methods to ensure that Banks and the financial sector follow the rules. Regtech solutions make use of cutting-edge technologies like distributed ledger technology and artificial intelligence to boost operational performance, reduce costs, and better manage risk. A survey has been conducted to understand the scope of Regtech and Defi in the Financial sector and its awareness among the people working in corporate to analyse the impact of the new revolutionary.
Actions (login required)
 |
View Item |