Naranjo-Zolotov, Mijail JuanovichCamilato, Daniella Kamisaki2024-11-062024-11-062024-10-28http://hdl.handle.net/10362/174701Dissertation presented as the partial requirement for obtaining a Master's degree in Data Science and Advanced Analytics, specialization in Business AnalyticsWith the constant advancements in blockchain technology, finance work has significantly benefitted. In this case, the study explores the intricacies surrounding introducing and implementing blockchain technology in the finance sector. The decentralization feature of blockchain technology makes it easier for cyber security operations such as secure, fast, and transparent transactions and contracting. Despite the mentioned advantages, the technology also faces limitations, including drawbacks such as fear of the workforce, fear of job loss to artificial intelligence, complexity of implementation, and most importantly, loopholes in the regulations. Blockchain technology has, therefore, spurred the integration and implementation of financial innovations in the decentralized finance realm. Implementing blockchain technology would streamline online financial operations, increasing overall efficiency and reducing relative risks. The study employs a systematic literature review process to ensure no data is overlooked. Therefore, the study`s main objective is to unravel the intricacies in the interplay between blockchain technology and the decentralized finance world. In summary, as much as the results point towards decentralized finance presenting positive input in the finance world, it is still early to tell as technology advances fast and cannot be forecasted.engBlockchainFinanceInnovationRegulationEducationTransparencyDecentralizationSDG 8 - Decent work and economic growthSDG 9 - Industry, innovation and infrastructureSDG 16 - Peace, justice and strong institutionsmaster thesis203777239