The original idea is a series of clauses could be incorporated into the hardware and software, Szabo proposed the introduction of contracts from property rights of digital stuff. The author suggested the use of cryptographic techniques and electronic signatures make secure, traceable transactions. When’re using smart contract term you usually refers to two many conceptual
Regulation organisms and national, international supervisors show a better awareness of Fintech world. The first question is, how Did they get an innovate regulation without any risk or latent arbitration? Many supervisors authorities and regulation organisms try to mitigate FinTech technologies practices originated by “over the counter” market because in regulating market there are many
The introduction of FinTech into the world of finance has no doubt sparked up digital transformation in banking for both start-ups as well as existing banking platforms. This way, FinTech has been able to introduce healthy competition into the banking sector by simplifying communication, enhancing automation and bringing about speedy payment transactions across various financial
It’s been a long time coming and finally, the Stock Market now has an official financial technology index. This index called fintech will be used to track the performance of companies that improve on financial products and services through technology. Since this aspect of the tech and finance industry grows every year, it would make
For many people, the financial technology revolution has not seemed like a revolution at all. It’s been merely an evolution of the services that they already had. Those who have always had bank accounts now also enjoy the convenience of internet banking, online shopping, and instant payments at store checkouts with their phone or card.