Assessing global interest in decentralized finance, embedded finance, open finance, ocean finance and sustainable finance
Оценка глобального интереса к децентрализованным финансам, встроенным финансам, открытым финансам, финансированию океана и устойчивому финансированию
2022-09-14
SCID: 54.1/mymvxwh9
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decentralized finance (DeFi)embedded finance (EmFi)ocean finance (OcFi)open finance (OpFi)sustainable finance (SuFi)
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Abstract (AI)
Purpose This paper analyzes global interest in Internet information about decentralized finance (DeFi), embedded finance (EmFi), open finance (OpFi), ocean finance (OcFi) and sustainable finance (SuFi) and the relationship among them. Design/methodology/approach The paper used a comparative methodology based on regression and correlation analyses to assess global interest in Internet information about DeFi, EmFi, OpFi, OcFi and SuFi. Findings The findings reveal that global interest in Internet information about EmFi was more popular in Asian and European countries. Global web search for Internet information about OcFi decreased during the financial crisis while global web search for Internet information about OpFi and EmFi increased during financial crisis years. Global web search for Internet information about DeFi, SuFi and EmFi increased during the pandemic years. There is a significant and positive correlation between interest in DeFi, EmFi, OcFi and SuFi. Also, there is a significant and negative correlation between interest in EmFi and interest in OpFi. The regression coefficient matrix shows that OpFi, EmFi, OcFi, DeFi and SuFi are significantly related. Originality/value To the best of the author’s knowledge, this is the first paper that analyses the association between interest in DeFi, EmFi, OpFi, OcFi and SuFi. Thus, this study addressed an important knowledge gap in the literature by exploring people’s interest in Internet information about DeFi, EmFi, OpFi, OcFi and SuFi.
Key Findings
1
Global Internet interest in embedded finance was particularly strong in Asian and European countries.
2
Interest in decentralized, embedded, ocean, and sustainable finance was significantly and positively correlated, while embedded and open finance showed a significant negative correlation.
3
Interest in ocean finance declined during the financial crisis, whereas interest in open finance and embedded finance increased.
4
Regression results indicated significant relationships among all five finance concepts: open, embedded, ocean, decentralized, and sustainable finance.
5
Search interest in decentralized finance, sustainable finance, and embedded finance increased during the pandemic years.
Research Object
Global Internet information interest in decentralized finance (DeFi), embedded finance (EmFi), open finance (OpFi), ocean finance (OcFi), and sustainable finance (SuFi)
Research Subject
The geographic and temporal patterns, correlations, and interrelationships of global web-search interest in these five finance domains, including changes during financial crises and pandemic years
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2022-09-14
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