2. Linking sentences
In the next section, we will
discuss the operational mechanism of smart contracts in
detail..
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Based on this life-cycle, we propose a basic research framework of smart contracts.
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The framework also refers to several previous literatures. For example, Risius and Spohrer [9] presented
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The details are as follows.
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This section will take finance, management, IoT, and energy as examples to introduce the application scenarios of smart contracts.
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In this section, we will introduce the future development trends of smart contracts from three aspects, namely, formal
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As mentioned earlier, smart contract faces many challenges, e.g., poor performance, inability to handle complex logic execution and high-throughput data,
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These arguments signify that Fintech usage possesses certain risks and benefits for customers,
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Previously, some studies have been conducted to assess the concept of Islamic Fintech
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These studies conclude that Fintech is closely connected to Sharia because it reduces two risk factors, namely, leverage and uneven maturity. Moreover,
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During our literature review, we also found limited studies in Islamic Fintech, particularly Islamic Fintech adoption
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The disruption to Islamic finance due to Fintech has emerged the importance of technology in Sharia compliance financial system (Miskam et al.,2019).
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Earlier studies also discussed the benefits of Fintech and concluded that Fintech benefits play an important role in..
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Moreover, Kim et al. (2010) stated that convenience and accessibility are the key benefits for Fintech users.
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In past studies, Pavlou (2003) reported that
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In earlier studies, it was shown that
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Based on theoretical underpinning and empirical evidence, this study posits that
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This research draws upon the concepts driven from the theory of perceived risk (TPR), perceived benefit and trust to generate..
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he integration of risk, benefit and trust may provide a comprehensive set of knowledge to examine user adoption of Islamic Fintech.
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On the one hand, past studied already developed
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Additionally, Taylor and Todd (1995) also highlighted the importance of
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Accordingly, we used perceived benefit and trust in the research model to predict user intention.
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he word Fintech consists of two aspects, namely, “financial” and “technology.”
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Furthermore, Fintech is operated by a third party like a bank or any other approved institution,
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categorized Fintech into five major areas, namely, venture capital and crowdfunding (finance and investment), electronic
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Two types of start-ups are relevant to this research
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Currently, applications of smart contracts are springing up.
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