The DOI matches its Crossref record; 143 of the 143 references it cites were found in a registry or an index.
The state of play of blockchain technology in the financial services sector: A systematic literature review
Open accessAbstract
The modern trends of digitalization have completely transformed and reshaped business practices, whole businesses, and even a number of industries. Blockchain technology is believed to be the latest advancement in industries such as the financial sector, where trust is of prime significance. Blockchain technology is a decentralized and coded security system which provides the capability for new digital services and platforms to be created through this emerging technology. This research presents a systematic review of scholarly articles on blockchain technology in the financial sector. We commenced by considering 227 articles and subsequently filtered this list down to 87 articles. From this, we present a classification framework that has three dimensions: blockchain-enabled financial benefits, challenges, and functionality. This research identifies implications for future research and practice within the blockchain paradigm.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Tranfield, D., Denyer, D., & Smart, P. (2003) · British Journal of Management · doi:10.1111/1467-8551.00375 · Cited by 15,386
Bitcoin: A Peer-to-Peer Electronic Cash System
Wright, C. S. (2008) · SSRN Electronic Journal · doi:10.2139/ssrn.3440802 · Cited by 13,922
Analyzing the Past to Prepare for the Future: Writing a Literature Review
Webster, J., & Watson, R. T. (2002) · MIS Quarterly · doi:10.2307/4132319 · Cited by 7,449
(2004) · Cited by 5,198
Development of AMSTAR: A measurement tool to assess the methodological quality of systematic reviews
Shea, B. J., Grimshaw, J. M., Wells, G. A., Boers, M., Andersson, N., Hamel, C., Porter, A. C., Tugwell, P., Moher, D., & Bouter, L. M. (2007) · BMC Medical Research Methodology · doi:10.1186/1471-2288-7-10 · Cited by 4,374
Wohlin, C. (2014) · Proceedings of the 18th International Conference on Evaluation and Assessment in Software Engineering · doi:10.1145/2601248.2601268 · Cited by 4,234
Blockchain challenges and opportunities: a survey
Zheng, Z., Xie, S., Dai, H. N., Chen, X., & Wang, H. (2018) · International Journal of Web and Grid Services · doi:10.1504/ijwgs.2018.095647 · Cited by 3,651
(2015) · Cited by 3,471
Decentralizing Privacy: Using Blockchain to Protect Personal Data
Zyskind, G., Nathan, O., & Pentland, A. '. (2015) · 2015 IEEE Security and Privacy Workshops · doi:10.1109/spw.2015.27 · Cited by 2,617
Casino, F., Dasaklis, T. K., & Patsakis, C. (2019) · Telematics and Informatics · doi:10.1016/j.tele.2018.11.006 · Cited by 2,557
Cited by
Ali, O., Abdelbaki, W., Shrestha, A., Elbasi, E., Alryalat, M. A. A., & Dwivedi, Y. K. (2023) · Journal of Innovation & Knowledge · doi:10.1016/j.jik.2023.100333 · Cited by 568
Self-citationA Comparative Study: Blockchain Technology Utilization Benefits, Challenges and Functionalities
Ali, O., Jaradat, A., Kulakli, A., & Abuhalimeh, A. (2021) · IEEE Access · doi:10.1109/access.2021.3050241 · Cited by 294
Self-citationChemnad, K., & Othman, A. (2024) · Frontiers in Artificial Intelligence · doi:10.3389/frai.2024.1349668 · Cited by 140
Rana, N. P., Dwivedi, Y. K., & Hughes, D. L. (2022) · Information Technology & People · doi:10.1108/itp-07-2020-0460 · Cited by 122
Self-citationA systematic literature mapping on secure identity management using blockchain technology
Rathee, T., & Singh, P. (2022) · Journal of King Saud University - Computer and Information Sciences · doi:10.1016/j.jksuci.2021.03.005 · Cited by 78
Metadata
- Authors
- Ali, O., Ally, M., Clutterbuck, & Dwivedi, Y.
- Venue
- International Journal of Information Management
- Publisher
- Elsevier BV
- Published
- 2020-10
- Volume
- 54
- Pages
- 102199
- ISSN
- 0268-4012 (ISSN-L)
- OpenAlex
- W3041649336
- Cited by
- 422
- References
- 143
- FWCI
- 13.17
- Type
- journal article
- Language
- en
- Open access
- gold
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: The state of play of blockchain technology in the financial services sector: A systematic literature review. https://app.cochat.ai/papers/10.1016/j.ijinfomgt.2020.102199
- The paper
- Ali, O., Ally, M., Clutterbuck, & Dwivedi, Y. (2020). The state of play of blockchain technology in the financial services sector: A systematic literature review. International Journal of Information Management. https://doi.org/10.1016/j.ijinfomgt.2020.102199
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
