What happens when something that is meant to disrupt is itself disrupted? The outcome remains to be seen, but we’re acutely aware of the “why” — it’s a “why” common to many financial and sector-specific questions nowadays: blockchain happened.
In this article, we look at how giving fintech applications the blockchain treatment takes the financial sector to the next level, in areas such as wallets and money transfer, processing and payments infrastructure, wealth management, and consumer lending using cryptocurrencies as collateral.
Up until a few years ago, fintech was as groundbreaking as the financial industry could hope to get. And with good reason, for adding the suffix tech heralded the introduction of the latest and greatest of what technology has to offer.
Since the advent of blockchain, however, fintech has become but one use case in the onslaught of disruptive uses our favourite new technology brings to the table.
Fintech, which has been around…