| Presentation | 2019-08-23 [Keynote Address] The current situation and future prospects of Fintech Naoyuki Iwashita, |
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| PDF Download Page |  PDF download Page Link |
| Abstract(in Japanese) | (See Japanese page) |
| Abstract(in English) | 1．Traditionally, the financial industry has maintained a conservative IT response that emphasizes safety and stability. In Japan, in particular, sophisticated "core-banking system" that was completed in the 1980s have been developed and used by financial institutions. These traditional financial information systems have become a significant impediment to the management of financial institutions due to their extremely high maintenance costs. 2．With the recent evolution of IT, attention has been focused on fintech, and the importance of innovation has been emphasized, and the need to switch to IT to meet the trends of the times has become shared among financial institutions. 3．In this lecture, I will give an overview of examples of fintech in Japan and overseas, introduce the trend toward cashless systems that are expanding worldwide, policy responses in Japan, and initiatives by financial institutions toward new technologies such as open APIs, and summarize and explain issues that need to be resolved in the future. 4．It will also explain the mechanism of price movements, side effects, and prospects of crypto-asset (virtual currency), which has recently attracted attention due to wild fluctuations in market prices. Crypto-assets are interesting examples of implementations of leading-edge information security technologies. Looking back on the path taken, we consider the future direction of blockchain technologies and their bottlenecks. |
| Keyword(in Japanese) | (See Japanese page) |
| Keyword(in English) | fintech / core-banking system / cashless systems / open APIs / crypto-asset / virtual currency / blockchain technologies |
| Paper # | SWIM2019-12,SC2019-12 |
| Date of Issue | 2019-08-16 (SWIM, SC) |
| Conference Information | |
| Committee | SWIM / SC |
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| Conference Date | 2019/8/23(1days) |
| Place (in Japanese) | (See Japanese page) |
| Place (in English) | Osaka Sangyo Univ. |
| Topics (in Japanese) | (See Japanese page) |
| Topics (in English) | |
| Chair | Tadashi Ogino(Meisei Univ.) / Masahide Nakamura(Kobe Univ.) |
| Vice Chair | Masahiko Ishino(Bunkyo Univ.) / Shinji Kikuchi(NIMS) / Yoji Yamato(NTT) |
| Secretary | Masahiko Ishino(Hosei Univ.) / Shinji Kikuchi(Shizuoka Inst. of Science and Tech.) / Yoji Yamato(Tokyo Univ. of Tech.) |
| Assistant | Shinya Nogami(Tokyo Univ. of Science) / Koji Yamada(Osaka Sangyo Univ.) |
| Paper Information | |
| Registration To | Technical Committee on Software Interprise Modeling / Technical Committee on Service Computing |
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| Language | JPN |
| Title (in Japanese) | (See Japanese page) |
| Sub Title (in Japanese) | (See Japanese page) |
| Title (in English) | [Keynote Address] The current situation and future prospects of Fintech |
| Sub Title (in English) | |
| Keyword(1) | fintech |
| Keyword(2) | core-banking system |
| Keyword(3) | cashless systems |
| Keyword(4) | open APIs |
| Keyword(5) | crypto-asset |
| Keyword(6) | virtual currency |
| Keyword(7) | blockchain technologies |
| 1st Author's Name | Naoyuki Iwashita |
| 1st Author's Affiliation | Kyoto University(Kyoto Univ.) |
| Date | 2019-08-23 |
| Paper # | SWIM2019-12,SC2019-12 |
| Volume (vol) | vol.119 |
| Number (no) | SWIM-177,SC-178 |
| Page | pp.pp.3-3(SWIM), pp.3-3(SC), |
| #Pages | 1 |
| Date of Issue | 2019-08-16 (SWIM, SC) |