The Industrial Revolution 4.0 finally made its way to reach the financial sector. Among all emerging technologies, the ones that are said to make a bigger impact over this traditionally tech-reluctant sector were the so-called foundational tech of digital transformation: a triad formed by blockchain, Artificial Intelligence and Internet of Things.
All those three are connected and share similar development, however, it is blockchain the technology that draws more attention to new players in the sector. In fact, Blockchain’s role in this new industry has emerged after new developments have been seen as a business’ boost in their enterprise conception. Fintech startups and companies develop their ideas – and business models – after a thorough comprehension of available Data, while, at the same time, they shift their business operations to completely digital means: from the Hight Street branch to an App on the user’s device.
The Industrial Revolution 4.0 finally made its way to reach the financial sector. Among all emerging technologies, the ones that are said to make a bigger impact over this traditionally tech-reluctant sector were the so-called foundational tech of digital transformation: a triad formed by blockchain, Artificial Intelligence and Internet of Things.
All those three are connected and share similar development, however, it is blockchain the technology that draws more attention to new players in the sector. In fact, Blockchain’s role in this new industry has emerged after new developments have been seen as a business’ boost in their enterprise conception. Fintech startups and companies develop their ideas – and business models – after a thorough comprehension of available Data, while, at the same time, they shift their business operations to completely digital means: from the Hight Street branch to an App on the user’s device.