Journal of Industrial and Systems Engineering

Journal of Industrial and Systems Engineering

Blockchain technology indicators and applications in the banking system: using the meta-synthesis method

Document Type : Research Paper

Authors
1 Department of Entrepreneurship, Qazvin Branch, Islamic Azad University, Qazvin, Iran
2 Department of Management, Qazvin Branch, Islamic Azad University, Qazvin, Iran
3 Department of Information Technology Management, Qazvin Branch, Islamic Azad University, Qazvin, Iran
4 Department of Mathematics, Qazvin Branch, Islamic Azad University, Qazivin,Iran
Abstract
This study examines the impact of blockchain technology on the banking industry and identifies the indicators and applications of this technology using the meta-synthesis method. The findings include 28 indicators: preventing fraud, reducing banking costs, ensuring security and transparency, identity management, and strengthening the capital market. The results show that blockchain can facilitate domestic and international transactions and increase the productivity of the Iranian banking system. The research method is qualitative and applied, and a seven-step meta-synthesis process was used in data analysis. This study provides a valuable tool for banking planners by identifying key indicators. There are limitations, such as generalizability to other organizations and using the meta-synthesis method. Still, the research is valuable regarding innovation in theoretical foundations and methodology and can guide the development of blockchain technology in banking.
Keywords
Subjects

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Volume 16, Issue 1 - Serial Number 1
Winter 2024
Pages 132-156

  • Receive Date 27 August 2023
  • Revise Date 22 October 2023
  • Accept Date 26 December 2023