Report FinTech & Defi
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Report introduction: Report FinTech & Defi
FinTech and DeFi is the abbreviation for Financial Technology and Decentralized Finance. As the name suggests, FinTech refers to technology that supports and improves financial transactions and processes. Thus, it includes all the products and services - such as smartphone apps, software and algorithms - that allow users to conduct online banking or mobile banking transactions.
Furthermore, with the increasing adoption of emerging technologies such as Web3, Blockchain, Cryptocurrency and Smart Contracts the concept of Decentralized Finance (DeFi) is gaining more and more attention. Undeniably, it is clear that DeFi represents a revolution for the FinTech market because it radically changes the way we use financial instruments.