The security and financial implications of blockchain technologies
Regulating emerging technologies in Canada
Bibliographic Data
| ID | 5135625 |
|---|---|
| Authors | Evangeline Ducas (Carleton University), Alex S Wilner (0000-0003-2087-252X, Carleton University, corresponding author), Alex Wilner |
| Year | 2017 |
| Volume | 72 |
| Issue | 4 |
| Pages | 538-562 |
| Publication date | 2017-12-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | International Journal Canada s Journal of Global Policy Analysis (JOURNAL) |
| Journal identifiers | ISSN: 0020-7020 • E-ISSN: 2052-465X |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/0020702017741909 |
| OpenAlex | W2774120971 |
| Language | EN |
| Citations received | 6 |
Driven by advances in data analytics, machine learning, and smart devices, financial technology is changing the way Canadians interact with the financial sector. The evolving landscape is further influenced by cryptocurrencies: non-fiat, decentralized digital payment systems, like Bitcoin, that operate outside the formal financial sector. While Bitcoin has garnered attention for facilitating criminal activity, including money laundering, terrorism financing, digital ransomware, weapons trafficking, and tax evasion, it is Bitcoin's underlying protocol, the blockchain, that represents an innovation capable of transforming financial services and challenging existing security, financial, and public safety regulations and policies. Canada's challenge is to find the right balance between oversight and innovation. Our paper examines these competing interests: we provide an overview of blockchain technologies, illustrate their potential in Canada and abroad, and examine the government's role in fostering innovation while concurrently bolstering regulations, maintaining public safety, and securing the integrity of financial systems
Blockchain · Business · Computer security · Cryptocurrency · Digital currency · Financial innovation · Financial regulation · Financial services · Financial transaction · Government (linguistics · Money Laundering · Payment · Political science · Terrorism · Blockchain Technology Applications and Security · Computer Science · Crime, Illicit Activities, and Governance · Finance · FinTech, Crowdfunding, Digital Finance
Exploring how interest groups affect regulation and innovation based on the two-level games
Analysing the intention to use blockchain technology in payment transactions of Turkish maritime industry
The adoption of blockchain technology in the financial sector during the era of fourth industrial revolution
An ethical defense of cryptocurrencies
Cryptocurrencies are here to Stay! Think you aren’t Vulnerable, Think Again
Why and how does the regulation of emerging technologies occur? Explaining the adoption of the EU General Data Protection Regulation using the multiple streams framework
| Citations per year | 1.2 |
|---|---|
| Citation span | 2021 - 2025 (5) |
| Highly cited | No |