How stable are our Financial Institutions and what real value can we give to printed and minted money with the arrival of Bitcoin, Crowd Funding and other monetary that are based on Blockchain?
The below article will give you a good understanding and appetite your curiosity as to what money will look like within the next 5 to 10 years.
- Source: Bernard Marr - Forbes
You may have heard the relatively new term “FinTech” bandied about, but what actually is it? And why is it important for all entrepreneurs to know about and understand?
FinTech stands for Financial Technologies, and in its broadest definition, that’s exactly what it is: technologies used and applied in the financial services sector, chiefly used by financial institutions themselves on the back end of their businesses. But more and more, FinTech is coming to represent technologies that are disrupting traditional financial services, including mobile payments, money transfers, loans, fundraising, and asset management.