November 10, 2022
FINTECHS AND THE NEW WAVES OF DIGITAL REVOLUTION.PART 6
Creates insurmountable hyperchallenging task and possibly could under
deliver.Two or three years,blockchain technology came with lot of
excitement that could revolutionise banking.But with media overhype
fallaciously underdelivered and seriously underperformed below its
potential.In 2020 about 50billion devices was connected to the
internet collectively known as internet of things(I0D) and prompted
trillions of small but realtime transactions,conducive for fintech
services.Now with the new waves of fintech services,a good fintech
should be able to leverage on thousands and millions of
wallets,cryptos,AI,blockchain,IODs toprovide cost effective
electronicbanking servicestoany types of clients even the unbanked
populace.With emergence of financial technology revolutionising the
value chain ranging from blockchain technology,to digital
banking,mobile payment options and crowdfunding,boundless
opportunities massively created should be leveraged to solidly proffer
solution to its institutional inadequacy.In 2019,
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