As stated in the previous chapter, the most pressing issue facing the adoption of technology to address TBTF and the fragmentation of the financial services is the existing regulatory and policy framework. We have also seen that although finance becomes increasingly cashless, the validation and auditing operations of financial firms are still largely dependent on manual and/or archaic processes. However, this operating methodology is attuned to the current regulatory settings and, in part, is the reason for its continued existence. Furthermore, the disconnect between finance and ...
© Kariappa Bheemaiah 2017
Kariappa Bheemaiah, The Blockchain Alternative, 10.1007/978-1-4842-2674-2_3
3. Innovating Capitalism
Kariappa Bheemaiah1
(1)Paris, Paris, France
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