Cryptocurrency, indeed, a radical innovation has been put to test during the whole of 2022 through different phases. The crypto has been trying to bring in extreme changes in the fintech industry. Technology based financial systems make use of emerging technologies to help people gain access to financial services. Fintech is mostly customer centric.
Fintech companies streamline complex financial processes and make it very straight forward for users who are trying to access all types of banking facilities. Fintech leverages technology like big data, artificial intelligence, and cloud computing to provide comfortable experience to customers. Fintech do not come under the ambit of several regulators; therefore, it is possible for them to come up with new products and services, which suit customer requirements. Though Fintech could make flexible rules, this is riskier for the industry.
While Fintech companies are risk takers, in a way Cryptocurrency Fintech companies, are super risk takers. Some of the cryptocurrency Fintech Companies are: Coinbase, Fireblocks, Chainalysis, Bitso, NinjaPromo. FalconX, Mercado Bitcoin, Gemini, Blockchain.com, Luno. Kraken
Cryptocurrency Fintech Companies offer services like cryptocurrency exchanges, Blockchain and Crypto APIs, Crypto Savings Account, Crypto Staking Platform, Tokenization, Blockchain Platform, AML Software and Compliance, Defi, Policy and Workflow Engine, Crypto Portfolio Management Software, Crypto Staking Platform, Fraud Detection Software, Blockchain Platform, Crypto Tool, Crypto Compliance Software, Blockchain Security Software, Wallet, Mobile App, Investor Relations, Fintech PR, Marketing Consulting and Auditing, Design, Credit and Treasury Management, Prime Offering, Trade Execution, Market Making, Algorithmic Trading Software, Equity, Fan Tokens, NFTs, Backed Tokens, Utility Tokens, Crypto Payment Gateway, Crypto Custodians, Crypto Savings Account, Blockchain Explorers, Fee Structure, Crypto Margin Trading Exchanges, Funding Options, Indices, Account Management, and more.
Fintech is already huge overflowing with technological insights. All that is required now is strategy and technology which will reduce the risk of fraud. What failed people and investors are fraudulent schemes – the technology and innovation did not fail investors. People who handled the technology without appropriate strategy failed investors, people who did not appropriate policies in corporate governance about their cryptocurrency exchange failed people.
Another major thing that continues to be the riddle in the cryptocurrency space is the secret of what drives the cryptocurrency prices? What drives the value of Bitcoin? Value is driven by Usability and adoption, but what is the route map which will clearly explain the metabolic cycle of the value invested in the cryptocurrency space? What are the true fundamental and technical indicators? Many say, technical indicators failed to identify price crash, but in reality, what BTC and cryptocurrency investors are using is pseudo technical indicator. The reality is – what drives the value of crypto is to date a myth.
A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5
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