STUDY ON THE IMPACT OF SMART CONTRACTS AND DIGITAL SIGNATURES ON THE FINANCIAL LANDSCAPE
The article examines the impact of electronic contracts on financial systems, highlighting the changes brought about by financial technologies (FinTech) through electronic contracts as well as digital signatures. The impact of FinTech also extends to markets, transforming the way businesses and in...
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| Format: | Article |
| Language: | English |
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Academica Brâncuşi
2023-12-01
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| Series: | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
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| Online Access: | https://www.utgjiu.ro/revista/ec/pdf/2023-06/17_spulbarac.pdf |
| _version_ | 1797300050144002048 |
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| author | SPULBĂR ANDREI CRISTIAN |
| author_facet | SPULBĂR ANDREI CRISTIAN |
| author_sort | SPULBĂR ANDREI CRISTIAN |
| collection | DOAJ |
| description | The article examines the impact of electronic contracts on financial systems, highlighting the changes brought
about by financial technologies (FinTech) through electronic contracts as well as digital signatures. The impact of
FinTech also extends to markets, transforming the way businesses and institutions interact, including intraorganisational and stakeholder relationships. The article highlights the benefits of e-contracting, such as reduced
costs, increased efficiency and process automation. Through FinTech, e-commerce has evolved significantly,
facilitating new business models with a digital presence and improving contracting between companies and their
customers. Particular attention is paid to electronic signatures, which are considered legal means of signing
documents in the digital environment. The article also highlights the evolution of smart contracts, based on blockchain
technology, which automate contractual processes and can be concluded without the direct involvement of the parties.
Thus, a landscape is emerging in which financial technologies continue to redefine and innovate the global financial
system.
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| first_indexed | 2024-03-07T22:59:35Z |
| format | Article |
| id | doaj.art-dabd674b8eac4e55a886d26ac735dca0 |
| institution | Directory Open Access Journal |
| issn | 1844-7007 |
| language | English |
| last_indexed | 2024-03-07T22:59:35Z |
| publishDate | 2023-12-01 |
| publisher | Academica Brâncuşi |
| record_format | Article |
| series | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
| spelling | doaj.art-dabd674b8eac4e55a886d26ac735dca02024-02-22T15:11:31ZengAcademica BrâncuşiAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie1844-70072023-12-01I6172177STUDY ON THE IMPACT OF SMART CONTRACTS AND DIGITAL SIGNATURES ON THE FINANCIAL LANDSCAPESPULBĂR ANDREI CRISTIAN0“EUGENIU CARADA” DOCTORAL SCHOOL OF ECONOMICS SCIENCES UNIVERSITY OF CRAIOVAThe article examines the impact of electronic contracts on financial systems, highlighting the changes brought about by financial technologies (FinTech) through electronic contracts as well as digital signatures. The impact of FinTech also extends to markets, transforming the way businesses and institutions interact, including intraorganisational and stakeholder relationships. The article highlights the benefits of e-contracting, such as reduced costs, increased efficiency and process automation. Through FinTech, e-commerce has evolved significantly, facilitating new business models with a digital presence and improving contracting between companies and their customers. Particular attention is paid to electronic signatures, which are considered legal means of signing documents in the digital environment. The article also highlights the evolution of smart contracts, based on blockchain technology, which automate contractual processes and can be concluded without the direct involvement of the parties. Thus, a landscape is emerging in which financial technologies continue to redefine and innovate the global financial system. https://www.utgjiu.ro/revista/ec/pdf/2023-06/17_spulbarac.pdffinancial technologies (fintech); electronic (smart) contracts; digital signatures; eidas regulation; ecommerce. |
| spellingShingle | SPULBĂR ANDREI CRISTIAN STUDY ON THE IMPACT OF SMART CONTRACTS AND DIGITAL SIGNATURES ON THE FINANCIAL LANDSCAPE Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie financial technologies (fintech); electronic (smart) contracts; digital signatures; eidas regulation; ecommerce. |
| title | STUDY ON THE IMPACT OF SMART CONTRACTS AND DIGITAL SIGNATURES ON THE FINANCIAL LANDSCAPE |
| title_full | STUDY ON THE IMPACT OF SMART CONTRACTS AND DIGITAL SIGNATURES ON THE FINANCIAL LANDSCAPE |
| title_fullStr | STUDY ON THE IMPACT OF SMART CONTRACTS AND DIGITAL SIGNATURES ON THE FINANCIAL LANDSCAPE |
| title_full_unstemmed | STUDY ON THE IMPACT OF SMART CONTRACTS AND DIGITAL SIGNATURES ON THE FINANCIAL LANDSCAPE |
| title_short | STUDY ON THE IMPACT OF SMART CONTRACTS AND DIGITAL SIGNATURES ON THE FINANCIAL LANDSCAPE |
| title_sort | study on the impact of smart contracts and digital signatures on the financial landscape |
| topic | financial technologies (fintech); electronic (smart) contracts; digital signatures; eidas regulation; ecommerce. |
| url | https://www.utgjiu.ro/revista/ec/pdf/2023-06/17_spulbarac.pdf |
| work_keys_str_mv | AT spulbarandreicristian studyontheimpactofsmartcontractsanddigitalsignaturesonthefinanciallandscape |