Affiliation:
1. School of Management, Birla Global University, India
Abstract
Literature reviews are used by practitioners and researchers to combine numerous bodies of knowledge. There are various SotA papers on blockchain applications. The authors looked at 100 articles about the use of blockchain in financial services that were published between 2013 and 2023. The data sources used for the same are Science Direct and Google Scholar. The three phases for conducting SotA reviews are provided in this chapter. In the 100 articles looked at for SotA in title, 69 were tagged as SotA reviews, and the rest were either tagged as ‘literature review' or ‘systematic literature review'. The summary of 69 articles is presented in the literature review section of the study. An interpretive synthesis of SotA reviews in the current study describes where we are presently in the field of application of blockchain in finance. The chapter also presents the changes brought by application of blockchain in the value chain of the banking sector and future scope of study in the field.