CHAPTER 13BLOCKCHAIN TECHNOLOGY: A PARADIGM SHIFT IN INVESTMENT BANKING
R. Vedapradha,1,∗ Hariharan Ravi,1,∗ Arockia Rajasekar2
1 Department of Commerce and Management, St. Joseph’s College of Commerce (Autonomous), Bangalore, Karnataka, India
2 Department of Commerce, St. Joseph’s College (Autonomous), Trichy, India
AbstractPurpose: Blockchain technology can have ramifications across the investment banking ecosystem due to their cryptographic distributed ledger. The aim of this chapter is to evaluate the adaptation feasibility and predict its performance for a regulatory framework when Blockchain technology is applied by investment banks.
Design/Methodology/Approach: Random sampling is used with a sample size of 50 respondents from investment banks operating in urban Bangalore based on the primary data collected. Statutory impact (SI), compliance policy (CP), fiscal policy (FP), competitive edge (CE), and service-level agreement (SLA) are the variables. SPSS and SPSS AMOS are the statistical software used to test the structural equation model (SEM) with confirmatory factor analysis (CFA), multiple linear regression analysis and one-way ANOVA (analysis of variance).
Findings: The model fits perfectly based values to fit indices. SI is the most influencing variable and has a greater impact on acceptability with beta value 0.899 at 0.001 percent significant level with Chi-square value being 3.14 and the estimated reliability post-adoption is 81 percent. SI, CP, SLA, and CE are ...
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