Fintech and blockchain
by SMEBOOK (admin) · June 23, 2020
Blockchain technology is a core and essential technology in Fintech that has revamped the way the financial industry was operating a few years back. Earlier blockchain technology was developed with a focus on supporting the cryptocurrency but now it is playing a notable role in developing the unique financial products & services. Using blockchain technology, fintech has reduced the operational time & cost, removed the third-party intervention, provided direct access, and also enhanced the user identification, etc. In simple terms, fintech is driven by blockchain technology.