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Banking On Blockchain: A Grounded Theory Study Of The Innovation Evaluation Process, Priya D. Dozier
Banking On Blockchain: A Grounded Theory Study Of The Innovation Evaluation Process, Priya D. Dozier
USF Tampa Graduate Theses and Dissertations
Blockchain technology emerged as the underlying database structure for Bitcoin, a cryptocurrency, in 2008. Interest in blockchain by the Financial Services industry grew because of its purported transparency, security, and trust elements which resulted in over $240 million in venture capital funds raised by blockchain firms mostly from banks in the first half of 2017.
The purpose of this study was to examine the underlying innovation evaluation process that Financial Services organizations employed as they evaluated blockchain technology. In this research study, blockchain was considered a technology innovation, which drove the research question: “How do financial services organizations evaluate blockchain …