Are Regtech, Fintech, Blockchain the Future?
| Main Author: | G. S., Bektenova |
|---|---|
| Format: | Article info Document application/pdf application/xml Proceeding |
| Bahasa: | eng |
| Terbitan: |
KnE Publishing
, 2018
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| Online Access: |
https://knepublishing.com/index.php/Kne-Social/article/view/1525 https://knepublishing.com/index.php/Kne-Social/article/view/1525/3315 https://knepublishing.com/index.php/Kne-Social/article/view/1525/3615 https://knepublishing.com/index.php/Kne-Social/article/view/1525/3616 |
Daftar Isi:
- British Financial Supervision and Control Authority has identified new technologies as a component of fintech. These components include regtech, insurtech, blockchain. These new areas of the market development are incomprehensible to a wide range of people. However, this area attracts venture capital which is actively growing worldwide. The prospects of development of these areas are interesting for many reasons: reduction of financial costs for market participants, reduction of information processing time, security of financial transactions, information security and completeness. The article describes: objective reasons of the occurrence of such a kind of the product, risks of using these products and advantages of their introduction in all spheres of life, as well as the scope of regtech implementation.Keywords: Fintech, regtech, blockchain, insurtech