Crypto and FinTech

Crypto and FinTech

 

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Financial technology (FinTech or fintech) is the new technology and innovation that aims to compete with traditional financial methods in the delivery of financial services.[1] FinTech is a new industry that uses technology to improve activities in finance.[2] The use of smartphones for mobile banking, investing services[3] and cryptocurrency are examples of technologies aiming to make financial services more accessible to the general public. Financial technology companies consist of both startups and established financial and technology companies trying to replace or enhance the usage of financial services provided by existing financial companies. Many existing financial institutions are implementing Fintech solutions and technologies in order to improve and develop their services, as well as gaining an improved competitive stance.

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Blockchain
 
A blockchain, originally block chain, is a growing list of records, called blocks, which are linked using cryptography.
 
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Ethereum
 
Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract (scripting) functionality.
 
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Decentralized application
 
A decentralized application (Dapp, dApp or DApp) is an application that is run by many users on a decentralized network with trustless protocols.

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