Financial Technologies and DeFi: A Revisit to the Digital Finance Revolution

Acknowledgements
Executive Summary
	Goals
	Book Organization
Contents
About the Editor
Part I: Financial Technologies-Theory and Practice
	1: Metaverse-The Immersive 3D Virtual World´s Innovation Diffusion in the Financial Sector
		1 Introduction
		2 Metaverse: State of the Art
		3 Virtual Goods and Digital Assets
		4 The 3D Virtual Economy
		5 Monetary Base in the Metaverse
			5.1 Conventional Cryptocurrencies and Native Tokens
			5.2 Stablecoins
			5.3 Central Bank Digital Currencies
			5.4 Fiat Currency
		6 Seamless Payment and Velocity of Money in Metaverse
		7 Defi and Traditional Finance Elements in the Metaverse
			7.1 Metaverse Banking: Skepticism
			7.2 Metaverse Banking Use Cases: Early-Stage Adoption
		8 Metaverse Is Around the Corner; What Are the Key Drivers?
		9 Metaverse Finance: Opportunities
		10 Metaverse Finance: Challenges
		11 Concluding Remarks
	2: Fintech: Emerging Trends and the Future of Finance
		1 Introduction
		2 Fintech
		3 Fintech Developments
			3.1 Payment Tech and Currency
			3.2 Open Banking
			3.3 Peer-to-Peer Lending
			3.4 Fintech Companies and Financial Institutions: Collaboration, Merger, and Acquisition
			3.5 Investment Management and Robo-Advising
			3.6 Fintech Developments and Innovation Diffusion
		4 Fintech Components
		5 Technologies in Finance
		6 Fintech and Market Structure
		7 Fintech Challenges
		8 Future of Fintech
		9 Conclusion
	3: Follow the Money: Back to the Basics
		1 Overview: FinTech Investment Under the Global Pandemic
		2 Related Works
		3 Trending: From Payments, Embedded Finance, to Public-Private Artificial Intelligence
		4 Matching and Focusing: Positioning with Resources (Payments, InsurTech, RegTech, WealthTech, Blockchain and Cryptocurrency, ...
		5 Opening and Cooperating: Message from ACPR/NYDFS, Marquee, and Aladdin
		6 Risk Controlling: Regulatory Sandbox (GFIN/DEPA) and Standards (ITU, ISO)
		7 Forward-Thinking: Back to the Basics: From Collateral to Credibility (ESG)
Part II: Towards a Distributed Network Economy-Decentralized Finance
	4: Currency and Payment Tech: Cryptocurrencies Transforming the Face of Finance
		1 Introduction
		2 Use of Blockchain Technology
		3 Cryptocurrencies: Current Scenario
		4 The Cryptocurrency Revolution
		5 What Is Central Bank Digital Currency (CBDC)?
		6 Role of Digital Currency in Strengthening e-Commerce
		7 Cryptocurrency Regulatory Insights
		8 Risks Involved in Digital Currencies
		9 Chapter Insights
		10 Conclusive Remarks
		11 Direction for Future Work in Crypto Finance
	5: Shock-Resistant Programmable Money: Stablecoins
		1 Introduction
		2 Related Works
		3 Stablecoins: An Overview
		4 Major Concerns in Stablecoins
		5 Monetary Stability in Cryptocurrencies
		6 Stablecoin Use Case: The TerraUSD Collapse
		7 Concluding Remarks
	6: A Systemic Review of Payment Technologies with a Special Focus on Digital Wallets
		1 Introduction
		2 Background
		3 Traditional Payment Technology
		4 The Digital Wallet Technology
		5 Digital Wallets
			5.1 Public Key
			5.2 Private Key
		6 Literature Review
		7 Functional Requirements of a Digital Wallet
		8 Digital Wallets: State of the Art and Innovation Diffusion
		9 Categories of Wallets
		10 Privacy and Security Issues in the Digital Wallet Usage
			10.1 Implications for the Payment Technology
		11 Conclusion
	7: Blockchain Tech-Enabled Supply Chain Traceability: A Meta-Synthesis
		1 Introduction
		2 Literature Review
		3 The Advantages and Challenges of Implementing Blockchain in Food Traceability System
		4 Implementing Blockchain Food Traceability Systems in Small and Medium Enterprises (SME)
		5 Conclusion
Part III: Fintech and Defi-Issues, Policy, and Regulatory Insights
	8: The Surge in Blockchain-Based Patent Applications: Booster or Bumps?
		1 Introduction
		2 Blockchain-Based Patents and Digital Asset Market Stability
		3 Allocative Efficiency and Decentralized Patents
		4 Emerging Trends in the Patent Systems
		5 Insights for Blockchain-Based Patent System
	9: Financial Inclusion to Digital Finance Risks: A Commentary on Financial Crimes, Money Laundering, and Fraud
		1 Introduction: The Digital Revolution
		2 Financial Inclusivity: The Present
		3 Challenges of FinTech: The Future
		4 Financial Tampering: A Fraud Triangle Approach
			4.1 Financial Fraud Opportunities: The Loophole in Fintech Developments and Applications
			4.2 Financial Fraud Motives
			4.3 Financial Fraud Rationale
		5 Concluding Remarks: Where Do we Go from Here?
References