Quantifying decentralization: a blockchain-based finance / Indra Putra Badlishah
Ever since the creation of Blockchain, its disruptive decentralized nature has been said to be both beneficial and harmful to the current financial system. The need for innovation even in the financial sectors have been demandingly increasing, as costefficient alternatives are being preferred above...
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| Format: | Student Project |
| Language: | English |
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Faculty of Business Management
2018
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| Online Access: | https://ir.uitm.edu.my/id/eprint/25402/ |
| _version_ | 1848806247627751424 |
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| author | Badlishah, Indra Putra |
| author_facet | Badlishah, Indra Putra |
| author_sort | Badlishah, Indra Putra |
| building | UiTM Institutional Repository |
| collection | Online Access |
| description | Ever since the creation of Blockchain, its disruptive decentralized nature has been said to be both beneficial and harmful to the current financial system. The need for innovation even in the financial sectors have been demandingly increasing, as costefficient alternatives are being preferred above all else. Past researchers have claimed that the Blockchain's adaptive system to be beneficial to the system, claiming it to provide cost reductions, transparency, auditability, management efficiency and many more. Although various claims by past researchers indicated the former, there are, however, none who, in their earnest effort, have presented their findings in a more quantitative form. This study therefore intends to quantify the value of decentralization of the Blockchain technology, by studying the relationship between the investment on Blockchain venture capitals and Bitcoin, for the purpose of providing a basis for recommendation to the implementation of this technology in other financial areas. This statistical study is conducted based on the data collected from the daily records of Bitcoin's respective information, which are annualized to a period of 6 years starting from 2012. Several tests such as the linear regression model will be conducted to measure the relationship between each variable. This study expects to find a significant relationship between all the variables, hence implying that the Blockchain framework to be partially beneficial if adopted to our current financial system. |
| first_indexed | 2025-11-14T22:23:54Z |
| format | Student Project |
| id | uitm-25402 |
| institution | Universiti Teknologi MARA |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T22:23:54Z |
| publishDate | 2018 |
| publisher | Faculty of Business Management |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | uitm-254022019-12-24T04:17:47Z https://ir.uitm.edu.my/id/eprint/25402/ Quantifying decentralization: a blockchain-based finance / Indra Putra Badlishah Badlishah, Indra Putra Financial management. Business finance. Corporation finance Ever since the creation of Blockchain, its disruptive decentralized nature has been said to be both beneficial and harmful to the current financial system. The need for innovation even in the financial sectors have been demandingly increasing, as costefficient alternatives are being preferred above all else. Past researchers have claimed that the Blockchain's adaptive system to be beneficial to the system, claiming it to provide cost reductions, transparency, auditability, management efficiency and many more. Although various claims by past researchers indicated the former, there are, however, none who, in their earnest effort, have presented their findings in a more quantitative form. This study therefore intends to quantify the value of decentralization of the Blockchain technology, by studying the relationship between the investment on Blockchain venture capitals and Bitcoin, for the purpose of providing a basis for recommendation to the implementation of this technology in other financial areas. This statistical study is conducted based on the data collected from the daily records of Bitcoin's respective information, which are annualized to a period of 6 years starting from 2012. Several tests such as the linear regression model will be conducted to measure the relationship between each variable. This study expects to find a significant relationship between all the variables, hence implying that the Blockchain framework to be partially beneficial if adopted to our current financial system. Faculty of Business Management 2018 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/25402/2/PPb_INDRA%20PUTRA%20BADLISHAH%20%20BM%20J%2018_5.pdf Badlishah, Indra Putra (2018) Quantifying decentralization: a blockchain-based finance / Indra Putra Badlishah. (2018) [Student Project] (Unpublished) |
| spellingShingle | Financial management. Business finance. Corporation finance Badlishah, Indra Putra Quantifying decentralization: a blockchain-based finance / Indra Putra Badlishah |
| title | Quantifying decentralization: a blockchain-based finance /
Indra Putra Badlishah |
| title_full | Quantifying decentralization: a blockchain-based finance /
Indra Putra Badlishah |
| title_fullStr | Quantifying decentralization: a blockchain-based finance /
Indra Putra Badlishah |
| title_full_unstemmed | Quantifying decentralization: a blockchain-based finance /
Indra Putra Badlishah |
| title_short | Quantifying decentralization: a blockchain-based finance /
Indra Putra Badlishah |
| title_sort | quantifying decentralization: a blockchain-based finance /
indra putra badlishah |
| topic | Financial management. Business finance. Corporation finance |
| url | https://ir.uitm.edu.my/id/eprint/25402/ |