The sector has a long way to go in terms of accessibility if DeFi really wants to challenge traditional financial institutions.
Fintech is an industry composed of companies that compete with traditional financial institutions by implementing new, innovative technologies into their working process. The cryptocurrency Fintech sector has been exploring the use of blockchain and blockchain-based applications as a new technology to challenge traditional ways of doing business. Blockchain, smart contracts and cybersecurity are some of the most actively researched areas of Fintech. Crypto Fintech sees cryptocurrencies as a means of establishing a secure and traceable way of transferring assets and getting rid of intermediaries. However, blockchain is not only suitable for regular transactions, but may help in such fields as voting and dividends management by establishing a trusted and immutable network with unchangeable records about past events.
True innovations are a serious problem for traditional financial institutions, but fintech and crypto startups have the solution.15022
The Iota Foundation is teaming up with one of Austria’s most prestigious universities to foster research in distributed ledger technologies.11660
The chief fintech officer at Singapore's central bank told Cointelegraph about his thoughts about Singapore's wholesale CBDC.20976
A new WEF report touts blockchain technology as a cornerstone of environmental sustainability.11583
A blockchain-based project aims to collect weather data generated in West Africa. Will the region be open to data sharing?10420
The new bank will be subject to heightened scrutiny from the OCC for at least three years.7205
U.S. authorities want information from Bain & Company about Visa's Plaid acquisition.6003
The CEO of a fintech company has a vision and mission of helping to build regulated crypto, and bridging fiat solutions with DeFi concepts.4162
BlockShow has partnered with the Monetary Authority of Singapore to curate blockchain discussions for its five-day fintech event.9700
Italian rivals Nexi and Sia have finalized a merger to create a fintech giant that can compete in an increasingly consolidated European market.5424
The ease and convenience of services backed with the emerging techs can dramatically improve the financial landscape in Africa.8954
Chinese exchanges are becoming increasingly blockchain-friendly4412
Crypto adoption in traditional legacy systems is moving fast, but a lack of technological infrastructure limits compliance and safe storage.12337
The funds will be used to set up XRP Community Fund and improve XRP Ledger infrastructure7529