IT Strategic alignment in the decentralized finance (DeFi): CBDC and digital currencies
Carlos Alberto Durigan Junior, Fernando Jose Barbin Laurindo

TL;DR
This paper investigates how IT elements enable strategic alignment in DeFi, focusing on interactions among cryptocurrencies, CBDCs, and digital currencies, through a systematic review of existing literature.
Contribution
It applies established strategic alignment models to DeFi, highlighting gaps in understanding the connection between IT elements and strategic alignment in decentralized financial networks.
Findings
Many IT elements are identified in DeFi literature.
Lack of research on connecting IT elements with strategic alignment in DeFi.
Future research directions are proposed.
Abstract
Cryptocurrency can be understood as a digital asset transacted among participants in the crypto economy. Every cryptocurrency must have an associated Blockchain. Blockchain is a Distributed Ledger Technology (DLT) which supports cryptocurrencies, this may be considered as the most promising disruptive technology in the industry 4.0 context. Decentralized finance (DeFi) is a Blockchain-based financial infrastructure, the term generally refers to an open, permissionless, and highly interoperable protocol stack built on public smart contract platforms, such as the Ethereum Blockchain. It replicates existing financial services in a more open and transparent way. DeFi does not rely on intermediaries and centralized institutions. Instead, it is based on open protocols and decentralized applications (Dapps). Considering that there are many digital coins, stablecoins and central bank digital…
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Taxonomy
TopicsBanking stability, regulation, efficiency · Economic theories and models · Economic Theory and Policy
