The Role of Blockchain in the Evolution of Financial Tech
The traditional financial system has been in existence since the beginning of humankind. However, this system is currently experiencing a shift. The rapid rise of blockchains and cryptocurrency has forced financial institutions to rethink their old methods of transacting with each other. A lot of fintech startups have adopted cryptocurrency to build products that are more convenient and secure. It also helps these startups to get new customers who otherwise would have not invested in such products. The cryptocurrency industry is evolving, and more innovations are expected to emerge in the near future. With Bitcoin and other altcoins coming into existence, the blockchain technology is revolutionizing fintech. This technology brings trust to the financial industry because it ensures that each … Read more