Digital currency and fintech are fundamentally transforming all aspects of financial intermediation including lending, payment services, investments, insurance and financial contracts.
- Advancements in blockchain technology could potentially revolutionize the way financial transactions are conducted globally.
- The adoption of digital currencies and fintech has the potential to reduce costs and increase efficiency in financial services.
- The growth of the fintech industry presents opportunities for innovation, job creation, and economic growth.
- The shift to digital currencies and fintech offers greater financial inclusion and accessibility to underserved populations.