An Integrated Decision-Making Process for Risk Analysis of Decentralized Finance


Creative Commons License

Kirişci M.

NEURAL COMPUTING AND APPLICATIONS, cilt.36, sa.36, ss.1-41, 2025 (SCI-Expanded, Scopus)

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 36 Sayı: 36
  • Basım Tarihi: 2025
  • Doi Numarası: 10.1007/s00521-024-10839-2
  • Dergi Adı: NEURAL COMPUTING AND APPLICATIONS
  • Derginin Tarandığı İndeksler: Science Citation Index Expanded (SCI-EXPANDED), Scopus, Academic Search Premier, PASCAL, Applied Science & Technology Source, Biotechnology Research Abstracts, Compendex, Computer & Applied Sciences, Index Islamicus, INSPEC, zbMATH
  • Sayfa Sayıları: ss.1-41
  • Açık Arşiv Koleksiyonu: AVESİS Açık Erişim Koleksiyonu
  • İstanbul Üniversitesi-Cerrahpaşa Adresli: Evet

Özet

Decentralized finance is upending the financial system through innovative, open, and interoperable financial solutions. Decentralized finance is a rapidly emerging field based on distributed ledger technology. Decentralized banking protocols are witnessing a perfect storm in terms of growth. However, because these financial innovations pose specific risks to consumers, creators, regulators, and other stakeholders, this emerging subject demands careful investigation. The current study tries to categorize and rate the risks connected with decentralized finance. The current study seeks to identify the multiple risks associated with decentralized finance through a thorough literature analysis. Data gathered from specialists in prior research were incorporated into the study used for empirical analysis. As MCDM techniques, IVFF-based DEMATEL, AHP, and TOPSIS are first used, and then the IVFF-ARAS method and sensitivity analysis are used for performance evaluation and verification. The findings of this study have several ramifications for legislators, businesspeople, technologists, and practitioners. These stakeholders can concentrate on these weaknesses in the future and provide longer-lasting solutions.