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Technology in Financial Markets: Complex Change and Disruption
Hardcover
ISBN13: 9780198873617
Publisher: Oxford University Press
Published: May 15 2024
Pages: 466
Weight: 1.90
Height: 1.30 Width: 5.90 Depth: 9.00
Language: English
In this book blockchain is used as a case study. Blockchain exemplifies the way each subpart of the financial system - commercial practices, financial markets, corporations, central banking, networks - and consequently each subcategory of financial regulation evolves on an individual basis. It shows how such subparts evolve altogether bringing systemic transformations, and ultimately leading to the creation of new economic and financial paradigms. The book considers both these perspectives, analysing the evolution of each subpart and emphasizing the interconnected transformations. In doing this, it adopts the structure of an ascending climax, starting from contracts, and escalating to increasingly broad dimensions, in particular capital markets, corporate governance, central banking, and financial networks.
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