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- Creators: Department of Finance
Description
Blockchain technology has taken the world by storm, and is now establishing itself the the real estate industry. Through new inventions such as smart contracts and crypto mortgages, the real estate industry is at the precipice of a major technological shift. After careful analysis of the current technologies and interviews with industry experts, this thesis will conclude with the possible implications that will arise from the wide spread use of Blockchain technology in real estate.
ContributorsClose, Grayson Scott (Author) / Stapp, Mark (Thesis director) / Gray, William (Committee member) / Department of Management and Entrepreneurship (Contributor) / Department of Finance (Contributor) / Barrett, The Honors College (Contributor)
Created2021-05
Description
In recent years, cryptocurrency has become an increasingly popular new alternative investment
among retail traders. Additionally, this attention has grown beyond retail traders and now presents itself as a prominent conversation among media, institutions, and academia. The purpose of this project is to explore the unappreciated aspect of cryptocurrency use such that it is capable of functioning in the foreign exchange markets (FOREX or FX markets). The inherent idea behind cryptocurrency is that it is accessible worldwide, protected, and verifiable via blockchain, holding the same monetary value regardless of location and minimizing the cost of cross-border payments by eliminating financial intermediaries in the traditional FOREX currency markets. Moreover, the goal of cryptocurrency intends to operate at faster rates than current traditional finance intermediaries. The article incorporates frequently debated aspects of cryptocurrency to identify the advantages and limitations of both cryptocurrency and traditional monetary systems. Thus, this research reveals the necessary fundamentals needed in cryptocurrency for the evolution in traditional financial structures and for widespread adoption to occur.
ContributorsKrygier, Jakob (Author) / Van Orden, Joseph (Thesis director) / Hill, John (Committee member) / Barrett, The Honors College (Contributor) / Department of Finance (Contributor) / Dean, W.P. Carey School of Business (Contributor) / Department of Economics (Contributor)
Created2023-05
Description
This paper dives into the economic theory behind credit and lending markets to uncover the driving forces behind financial exclusion in modern finance. It breaks down the market size and demographic of the unbanked population in the United States and highlights the market failures and bad actors responsible for causing financial exclusion in credit markets. Finally, it introduces Zivoe Finance, a new approach to financial inclusion that is designed to expand affordable credit access across the globe. Zivoe is a decentralized credit protocol started in part by the authors of this paper that empowers anyone to fund affordable, inclusive loans in underserved financial sectors. The remainder of this paper is dedicated to understanding Zivoe Finance, how it works, the challenges the authors faced in building it, and how one can participate in its mission moving forward.
ContributorsBaca, Dennis (Author) / Abbasi, Thor (Co-author) / Sopha, Matthew (Thesis director) / Ikram, Atif (Committee member) / Barrett, The Honors College (Contributor) / Department of Finance (Contributor) / Department of Information Systems (Contributor)
Created2022-12