Fintech i blockchain - kierunki rozwoju gospodarki cyfrowej

• Autorzy: Włodzimierz Szpringer

Warianty tytułu

FinTech and Blockchain: Directions of Development of Digital Economy

• Języki publikacji: PL

Abstrakty

Autor podjął próbę przedstawienia wpływu dwóch pojęć: fintech oraz blockchain na rozwój gospodarki cyfrowej. Autor dokonał szerokiego i dobrze udokumentowanego przeglądu dotychczasowych doświadczeń firm działających w nowo powstającym segmencie finansowych biznesów opartych na nowych technologiach, wskazując m.in. na problemy regulacyjne w tym obszarze. W drugiej części swojego opracowania stara się odpowiedzieć na pytanie, czy blockchain może być przełomową innowacją i wpłynąć na rozwój nie tylko sektora finansowego.(fragment tekstu)

EN

The paper looks at the selected issues connected with the digital economy, namely innovations such as FinTech and blockchain, as a possible direction of its development. First, the author discusses FinTech, a technology that aims to compete with traditional methods of delivery of financial services. Next, he raises the question of blockchain that records and maintains transactions made in cryptocurrency in a peer-to-peer network. The relevant definitions, key areas, regulatory framework, benefits and challenges related to both innovations are also presented.(original abstract)

Słowa kluczowe

PL

Kryptowaluty; Technologia blockchain; Technologie finansowe; Gospodarka cyfrowa

EN

Cryptocurrencies; Blockchain technology; FinTech; Digital economy

• Czasopismo: Studia BAS
• Rocznik: 2019
• Numer: nr 1 (57) Innowacje i nowe technologie w finansach
• Strony: 9--35

Twórcy

autor

Włodzimierz Szpringer

• Szkoła Główna Handlowa w Warszawie

Bibliografia

• Andreasyan T., Sibos 2017: fear the bigtech, https://www.bankingtech.com/2017/10/ sibos-2017-fear-the-bigtech/.
• Banks, fintech and Big Tech, http://www.talengo.com/en/banks-fintech-and-big-tech/.
• Barsan I., Legal Challenges of Initial Coin Offerings (ICO), https://www.law.ox.ac.uk/business-law-blog/blog/2017/12/legal-challenges-initial-coin-offerings-ico.
• BCBS Consultation on Sound Practices Relating to Fintech Implications for Banks and Supervisors, Bank of International Settlements, Basle, August 2017, https://www.bis.org/bcbs/publ/d415.pdf.
• Big Tech, Not Fintech, Causing Greatest Disruption to Banking and Insurance, https:// www.weforum.org/press/2017/08/big-tech-not-fintech-causing-greatest-disruption-to-banking-and-insurance/.
• Big tech, not fintech, disrupting banking, insurance, http://www.fintechnews.org/big-tech/,
• Brookes J., Big Tech to challenge Fintech and incumbents in financial services sector: Capgemini, https://which-50.com/big-tech-challenge-fintech-incumbents-financial- services-sector-capgemini/.
• Brūck Ch., Nikiforow N., Wagener S., Neue Verkettungen im Controlling durch die Blockchain- Technologie, "Der Betrieb" 2018, nr 16.
• Capgemini's World FinTech Report 2018 Highlights Symbiotic Collaboration as Key to Future Financial Services Success, https://www.capgemini.com/news/capgeminis-world-fintech-report-2018-highlights-symbiotic-collaboration-as-key-to-future-financial-services-success/.
• Cocheo S., Mixing banks, fintech, and "bigtech", http://www.bankingexchange.com/news-feed/item/7453-mixing-banks-fintech-and-bigtech.
• Crone von der H.C., Grob T., Die virtuelle Generalversammlung, "Schweizerische Zeitschrift fur Wirtschafts- und Finanzmarktrecht" 2018, nr 1.
• Cryptocurrencies and ICOs - A Rough Global Guide to Regulation, https://www.ccn.com/ cryptocurrencies-icos-rough-guide-regulation/.
• Czarnecki J., Wykorzystanie technologii blockchain w działalności przedsiębiorstw [w:] Innowacyjna fala w społeczeństwie i gospodarce, red. J.W. Pietrewicz, R. Sobiecki, OW SGH, Warszawa 2018.
• Dapp T.F., Fintech reloaded - die Bank als digitales Ökosystem, DB Research, Frankfurt am Main 2015, https://www.dbresearch.com/PROD/DBR_INTERNET_DE-PROD/ PROD0000000000354505/Fintech+reloaded+ +Die+Bank+als+digital es+ kosyste.pdf.
• Davidson S., De Filippi P., Potts J., Economics of Blockchain, Public Choice Conference, May 2016, Fort Lauderdale, United States, Proceedings of Public Choice Conference, 2016, http://hal.in2p3.fr/hal-01382002/document.
• Detrixhe J., Big tech firms like Amazon are eager to eat the banking industry's lunch, https://qz.com/1303227/prepare-for-stock-market-weirdness-when-these-teams-play-in-the-world-cup/.
• Dougal J., The next big competitor to banks - not fintech but big tech, https://banking. com/analysis/next-big-competitor-banks-not-fintech-big-tech/.
• ECB-SSM Releases Two New supervisory Guides on Banking Licence Applications, Baker&McKenzie, September 2017, https://www.bakermckenzie.com/-/media/files/ insight/publications/ar_germany_ecbguideslicenseapplications_sep17.pdf?la=en.
• Finance chiefs warn on Big Tech's shift to banking, https://www.ft.com/content/d9b- 3d79e-0995-11e8-8eb7-42f857ea9f09.
• Fintech decoded: The capital markets infrastructure opportunity, https://www.mckinsey. com/featured-insights/fintech,
• Geis J., FinTech vs. BigTech and What Community FIs Should Know, http://discover. jackhenry.com/strategicallyspeaking/fintech-vs.-bigtech-and-what-community-fis-should-know.
• Gerlach I., Oser P., Ausgewählte Aspekte zur handelsrechtlichen Bilanzierung von Kryptowährungen, "Der Betrieb" 2018, nr 26.
• Global Fintech Report Q1 2018, https://www.cbinsights.com/research/report/fintech-trends-q1-2018/.
• Harper C., SEC and CFTC Make Case for Crypto Regulations Before Senate, https://coincentral. com/sec-and-cftc-make-case-for-crypto-regulations-before-senate/.
• Hotzel D., Schober T., Wicher Ch., Steuerfragen zu Kryptowährungen, "Internationale Steuer- und Wirtschaftsrecht" 2018, nr 10.
• ICO and Crowdsale: A Legal Guide for Cryptocurrency Investors, http://axon.partners/ uncategorized/ico-and-crowdsale-literacy-class-for-cryptocurrency-investors/.
• ICO Law and Compliance: Is Your ICO Subject To Regulation?, https://www.draglet.com/ ico-law-compliance.
• Innovate, Collaborate, Deploy. The EBF Vision for Banking in the Digital Single Market, European Banking Federation, November 2016, https://www.ebf.eu/wp-content/ uploads/2017/05/EBF-vision-for-banking-in-the-Digital-Single-Market-October- 2016.pdf.
• Langer M., Nagele T., Blockchain und tokenbasierte Unternehmen in Liechtenstein, "Internationale Steuer- und Wirtschaftsrecht" 2018, nr 6.
• Laurent L., Big Tech Firms Are Behaving Like Big Banks, https://www.bloomberg.com/ gadfly/articles/2018-03-12/big-tech-is-already-behaving-like-a-big-bank.
• Legal Status of ICO, https://medium.com/universablockchain/legal-status-of-ico-1e9964f4e087.
• Lindholm T., Long C., A Haven for Blockchain: The Case for Wyoming, https://www. coindesk.com/haven-blockchain-case-wyoming/.
• Manthorpe R., Hussein A., Six ways to regulate cryptocurrency without killing it, http:// www.wired.co.uk/article/six-ways-to-regulate-cryptocurrency-without-destroying-its-future.
• Marks J.P., The Legal Risk to ICOs That No One's Talking About, https://www.coindesk. com/legal-risk-icos-private-lawsuits-securities-laws/.
• Marous J., Banking + Fintech Collaboration: More Important Than Ever, https://thefinancialbrand. com/71050/banking-fintech-collaboration-bigtech-trends/.
• Martyniuk A., Ekspansja zagraniczna jest warunkiem koniecznym rozwoju polskiego sektora FinTech, https://www2.deloitte.com/pl/pl/pages/press-releases/articles/ ekspansja-zagraniczna-jest-warunkiem-koniecznym-rozwoju-polskiego-sektora-fintech.html.
• Maume P., In Unchartered Territory - Banking Supervision meets Fintech, "Corporate Finance" 2017, nr 11-12.
• Megabrand technology firms could dramatically affect traditional institutions' fortunes if they enter the financial services market, says report, http://www3.weforum.org/docs/ Beyond_Fintech_-_A_Pragmatic_Assessment_of_Disruptive_Potential_in_Financial_ Services.pdf.
• Miglionico A., The Impact of Fintech on Securities and Secured Transactions: What is New in the Financial Industry?, "Journal of International Banking Law and Regulation" 2016, nr 12.
• Mougayar W., The Business Blockchain, Promise, Practice and Application of the Next Internet Technology, John & Wiley, New Jersey 2018.
• Pielke W., Besteuerung digitaler Währungen, "Internationale Steuer- und Wirtschaftsrecht" 2018, nr 6.
• Pilkington M., Blockchain Technology: Principles and Applications [w:] Research Handbook on Digital Transformations, red. F.X. Olleros, M. Zhegu, Edward Elgar, 2016, https://papers.ssrn.com/sol3/Papers.cfm?abstract_id=2662660.
• Ploom M., Blockchainbasierte Geschäftsmodelle in der Finanzindustrie [w:] Blockchain Technology: Einführung für Business- und IT-Managers, red. D. Burgwinkel, De Gruyter, Oldenbourg 2016.
• Redrawing the lines: FinTech's growing influence on Financial Services, https://www.pwc. com/gx/en/industries/financial-services/fintech-survey/report.html.
• Reese F., ICO Regulations by Country, https://www.bitcoinmarketjournal.com/ico-regulations/.
• Rhodes D., The State of Bitcoin Mining: Legal Regulations Around the World, https:// coincentral.com/bitcoin-mining-legal-regulations-around-the-world/.
• Ruckeshauser N., Distributed Ledgers for the Prevention of Accounting Fraud: Blockchains between Expectations and Reality, Universitat Freiburg, Freiburg 2017.
• Schalkowski H., Ortiz A., Der Einfluss von Blockchains auf die Corporate Governance, "Zeitschrift fūr Corporate Governance" 2017, nr 5.
• Shecter B., Big tech, not fintech, the top threat to incumbent banks, McKinsey report says, http://business.financialpost.com/news/fp-street/big-tech-not-fintech-the-top-threat-to-incumbent-banks-mckinsey-report-says.
• So you want to conduct an ICO? Consider these legal issues first, https://www.techinasia. com/talk/conduct-ico-legal-issues.
• Sound Practices: implications of fintech developments for banks and bank supervisors, Basel Committee on Banking Supervision, February 2018, https://www.bis.org/bcbs/ publ/d431.pdf.
• Spindler G., Gesellschaftsrecht und Digitalisierung, "Zeitschrift fūr Unternehmens- und Gesellschaftsrecht" 2018, nr 1, cz. 47.
• Swan M., Blockchain. Blueprint for a New Economy, O'Reilly Media, Sebastopol 2015, http://w2.blockchain-tec.net/blockchain/blockchain-by-melanie-swan.pdf.
• Szostek D., Blockchain a prawo, C.H. Beck, Warszawa 2018.
• Szpringer W., Blockchain jako innowacja systemowa. Od internetu informacji do internetu wartości. Wyzwania dla sektora finansowego, Poltext, Warszawa 2018.
• Szpringer W., Fintech - nowe zjawisko na rynku usług finansowych, "e-Mentor" 2016, nr 2, http://www.e-mentor.edu.pl/artykul/index/numer/64/id/1240/.
• Szpringer W., Fin-tech - w jakiej mierze start-upy mogą być konkurentem dla banków?, http://alterum.pl/informacje-85.
• Szpringer W., Nowe technologie a sektor finansowy. Fintech jako szansa i zagrożenie, Poltext, Warszawa 2017.
• Tapscott D., Tapscott A., Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World, Penguin Random House LLC, 2016.
• The Pulse of Fintech - 2018, https://home.kpmg.com/xx/en/home/insights/2018/07/ pulse-of-fintech-h1-2018.html.
• Tomaszewski R., Ludzie ufają swoim bankom. Czy dzięki FinTechom mogą je pokochać?, https://fintek.pl/ludzie-ufaja-swoim-bankom-dzieki-fintechom-moga-je-pokochac/.
• Travis Laster J., Rosner M.L., Distributed Stock Ledgers and Delaware Law "The Business Lawyer" 2018, t. 73, nr 2.
• US Treasury Official Calls for Global Crypto Regulation, https://www.coindesk.com/us-treasury-official-calls-for-global-crypto-regulation/.
• Van der Elst Ch., Lafarre A., Blockchain and the 21st Century Annual General Meeting, "European Company Law Journal" 2017, t. 14, nr 4.
• Weber R.H., Regulatory Environment of the Ledger Technology. Taking a Closer Look at Regulatory Initiatives and Challenges, "Computer Law Review" 2017, nr 1.
• Wettbewerb 2018, Monopollkommission, Hauptgutachten, Nomos, Baden-Baden 2018, https://www.monopolkommission.de/images/HG22/HGXXII_Gesamt.pdf.
• Wilson J.D., Creating Strategic Value through Financial Technology, Wiley, New Jersey 2017.
• World FinTech Report 2018, https://www.efma.com/study/detail/26811.
• Young J., Ethereum May Be Regulated Like Bitcoin, https://themerkle.com/ethereummay-be-regulated-like-bitcoin/.

Identyfikatory

DOI

https://doi.org/10.31268/StudiaBAS.2019.02