Article Type
Research Article
Abstract
Purpose: This research aims to explore how to reshape stock exchanges by using blockchain technology with an emphasis on the case of the Palestine Exchange. Design/methodology/approach: This research gathered primary data from semi-structured and open-ended interviews. Online interviews were conducted to get information from professionals and academics interested in blockchain. The sample for this research was determined using convenience sampling and a snowball sampling approach. The data was analyzed using the deductive content analysis method. Findings: The research revealed that implementing blockchain is appropriate for third-world countries because it does not necessitate the construction of buildings or infrastructure. Additionally, the results showed that by implementing this technology, the Palestine Exchange will be able to speed up its liquidity cycle while also lowering costs, boosting transparency, allowing for the trading of new products, and attracting new investors. The legal and technological concerns, however, are not seen as impediments to the implementation of blockchain in the Palestine Exchange. Practical implications: The findings of this research will contribute to the growth of the Palestine Exchange. Originality/value: There has not been much focus in studies on Palestine in this context. This research aims to close the gap by investigating how blockchain might be used to reshape the Palestine Exchange.
Keywords
Stock Exchange, blockchain, Financial markets, Palestine Exchange
Recommended Citation
Aburidi, Asia
(2022)
"Blockchain Technology for Reshaping Stock Exchanges: A qualitative exploratory study in Palestine,"
Arab Economic and Business Journal: Vol. 14
:
Iss.
1
, Article 6.
Available at: https://doi.org/10.38039/2214-4625.1008
Appendix
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.