https://mail.insyma.org/proceedings/files/original/articles/21. Vietnam_Bao Anh Lam.pdf Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Proceedings of the International Symposium on Management (INSYMA) (Vol 22, 2025) Proceedings meta_title Blockchain Innovation in Finance: Leveraging Distributed Ledger Technology for Competitive Advantage in Banking and Financial Services Author #1 Bao Anh Lam Abstract/Description This paper explores the current applications of blockchain technology within the financial and banking sectors, with a particular focus on its impact in developing countries like Vietnam. Employing a qualitative research methodology, including synthesis and comparative analysis, the paper clarifies the fundamental concepts, operational principles, and the potential applicability of blockchain in traditional financial systems. Key blockchain applications such as equity crowdfunding via smart contracts, cross-border remittance, decentralized payment services, peer-to-peer (P2P) lending, and supply chain finance are examined in detail. These blockchain-driven innovations are compared with traditional financial models to highlight their advantages in terms of transparency, cost efficiency, and operational efficiency. The findings indicate that blockchain technology not only addresses the limitations of existing financial models but also provides new opportunities for enhancing the competitiveness and sustainability of financial services, particularly in emerging markets. The study offers valuable insights into the future direction of blockchain adoption in finance, while also recognizing challenges that need further exploratio... keywords a;b;c;d Blockchain, Finance, Banking, Financial Services, Distributed Ledger Technology, Vietnam, Equity Crowdfunding, Smart Contracts, Cross-Border Remittance, Decentralized Payment Services, Peer-to-Peer (P2P) Lending, Supply Chain Finance, Transparency, Cost Efficiency, Operational Efficiency, Emerging Markets publication_date 2025/06/20 2025/06/20 pdf_url https://insyma.org/proceedings/files/articles/21. Vietnam_Bao Anh Lam.pdf abstract_html_url https://insyma.org/proceedings/items/show/ https://insyma.org/proceedings/items/show/482 firstpage 1061 lastpage 1066 issn 3047-857X 3047-857X conference Proceedings of the International Symposium on Management (INSYMA) Proceedings of the International Symposium on Management (Volume 21, 2024) publisher_name Fakultas Bisnis dan Ekonomika, Universitas Surabaya Fakultas Bisnis dan Ekonomika, Universitas Surabaya no article 170 Volume 22 authors Bao Anh Lam Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Blockchain Innovation in Finance: Leveraging Distributed Ledger Technology for Competitive Advantage in Banking and Financial Services Creator An entity primarily responsible for making the resource Bao Anh Lam