Analyzing the gaps for Blockchain integration in the Colombian financial system.
DOI:
https://doi.org/10.32645/13906852.1317Keywords:
Blockchain regulation, financial interoperability, cybersecurity, blockchain adoptionAbstract
This research explores the challenges of integrating blockchain technology into Colombia's financial system, highlighting the regulatory, technological, and educational obstacles that hinder its effective adoption. Through a detailed analysis of in-depth interviews with a panel of experts, critical gaps were identified and strategies to overcome them were proposed. Key barriers include the lack of a clear regulatory framework, challenges in interoperability with existing financial systems, and a significant need for blockchain education. The aim is to provide solutions that enhance blockchain integration, fostering an adequate regulatory framework, the development of robust technological infrastructure, and the implementation of educational programs. These actions could enable Colombia to capitalize on the opportunities offered by blockchain for innovation and competitiveness in the global financial arena.
Downloads
References
Areandina. (2023). Regulación de criptomonedas en Colombia: una revisión sistemática. Recuperado de https://digitk.areandina.edu.co
Arner, D. W., & Barberis, J. N. (2017). FinTech, RegTech, and the reconceptualization of financial regulation. Northwestern Journal of International Law & Business, 37(3), 371–413.
Asobancaria. (2023, junio 30). IGG-2022-v30062023.pdf. Recuperado de https://www.asobancaria.com/wp-content/uploads/2023/06/IGG-2022-v30062023.pdf
Asobancaria. (2024, enero 8). Inclusión financiera en Colombia. Recuperado de https://asobancaria.com/wp-content/uploads/Ensayos_sobre_Inclusion_Financiera_en_Colombia-II.pdf
Bellare, M., & Rogaway, P. (1993). Random oracles are practical: A paradigm for designing efficient protocols. En Proceedings of the 1st ACM Conference on Computer and Communications Security (pp. 62–73). ACM.
CAF. (2023, julio 15). LAC - Europa - CAF. Recuperado de https://www.caf.com/media/4664255/lac-ue-cooperacion-digital-caf.pdf
Casino, F., Dasaklis, T. K., & Patsakis, C. (2018). A systematic literature review of blockchain-based applications: current status, classification, and open issues. Telematics and Informatics. https://doi.org/10.1016/j.tele.2018.11.006
Christensen, C. M. (1997). The innovator's dilemma: When new technologies cause great firms to fail. Harvard Business Review Press.
Crosby, M., Pattanayak, P., Verma, S., & Kalyanaraman, V. (2016). Blockchain technology: Beyond bitcoin. Applied Innovation, 2, 6–10.
FasterCapital. (2024, marzo 23). La influencia de las cadenas de bloques en las transacciones inmobiliarias. Recuperado de https://fastercapital.com/es/tema/la-influencia-de-las-cadenas-de-bloques-en-las-transacciones-inmobiliarias.html/2
FasterCapital. (2024, abril 8). Aprovechar el poder de blockchain en las finanzas. Recuperado de https://fastercapital.com/es/tema/aprovechar-el-poder-de-blockchain-en-las-finanzas.html
Gómez, S. (2021). Análisis de la actualidad regulatoria y tecnológica de Colombia para las criptomonedas. Universidad Santo Tomás. Recuperado de https://repository.usta.edu.co
Guest, G., Bunce, A., & Johnson, L. (2008). How many interviews are enough? An experiment with data saturation and variability. Field Methods, 20(1), 59–82.
Holland & Knight. (2024). Regulación y revolución: Avances y perspectivas en la industria de los activos digitales. Recuperado de https://hklaw.com
Humanizing Banking. (2023, noviembre 25). Transformación de pagos y tendencias financieras: Claves para los líderes del cambio. Recuperado de https://humanizingbanking.com/2023/11/25/transformacion-de-pagos-y-tendencias-financieras-claves-para-los-lideres-del-cambio/
Innpulsa. (2023, noviembre 20). Boletín analítica II Cuarta Revolución Industrial. Recuperado de https://www.innpulsacolombia.com/wp-content/uploads/2024/01/Cuarta_Revolucion_Industrial1.pdf
Kosba, A., Miller, A., Shi, E., Wen, Z., & Papamanthou, C. (2016). Hawk: The blockchain model of cryptography and privacy-preserving smart contracts. En Proceedings of the IEEE Symposium on Security and Privacy (SP), San Jose, CA, USA (pp. 839–858). IEEE.
Ley Fintech. (2022). Informe segundo debate. Recuperado de https://rfd.org.ec
Meiklejohn, S., Pomarole, M., Jordan, G., Levchenko, K., McCoy, D., Voelker, G. M., & Savage, S. (2013). A fistful of bitcoins: Characterizing payments among men with no names. En Proceedings of the 2013 Conference on Internet Measurement Conference (IMC'13) (pp. 127–140). ACM.
Ministerio de Educación Nacional de Colombia. (2024, enero 26). Plan transformación digital 2024. Recuperado de https://www.mineducacion.gov.co/1780/articles-419503_recurso_13.pdf
Ministerio TIC. (2022). Guía de referencia Blockchain 2022. Recuperado de https://mintic.gov.co
Nakamoto, S. (2008). Bitcoin: A peer-to-peer electronic cash system. Recuperado de https://bitcoin.org/bitcoin.pdf
Puerta, D., & Pérez, N. (2023). Las criptomonedas como medio de pago alternativo en la banca tradicional colombiana. Recuperado de https://dspace.tdea.edu.co
Ramírez, A. (2024, febrero 21). Un café de confianza: Análisis de la implementación de tecnología. Recuperado de https://repository.universidadean.edu.co
Revista CIES Escolme. (2020). Análisis del estado de adopción de la tecnología Blockchain en el sector Fintech y otras industrias. Recuperado de https://revista.escolme.edu.co/index.php/cies/article/view/372/477
Rogers, E. M. (2003). Diffusion of innovations (5th ed.). Free Press.
Schneier, B. (2000). Secrets and lies: Digital security in a networked world. John Wiley & Sons.
Universidad EAFIT. (2024, febrero 20). El potencial del Open Banking en Colombia. Recuperado de https://repository.eafit.edu.co
Zheng, Z., Xie, S., Dai, H. N., Chen, X., & Wang, H. (2018). Blockchain challenges and opportunities: A survey. International Journal of Web and Grid Services, 14(4), 352. https://doi.org/10.1504/IJWGS.2018.095647
Downloads
Published
Issue
Section
License
Copyright (c) 2024 Zuloaga García Amir Andres , Haiber Gustavo Agudelo Casanova
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
El autor mantiene los derechos morales e intelectuales de su obra, autorizando a la editorial de la revista Visión Empresarial la difusión y divulgación de su contenido con fines estrictamente académicos y de investigación, sin fines de lucro.
