Short word, big concept: fintech. Get to know and directly engage with senior McKinsey experts on fintech Max Flötottois a senior partner in McKinsey’s Munich office;Brian Ledbetteris a senior partner in the London office, whereTunde Olanrewajuis the managing partner of McKinsey’s UK, Ire...
One of the most well-known public blockchain networks is the Bitcoin blockchain. Anyone can open a Bitcoin wallet or become a node on the network. Other blockchains are private networks. These are more applicable to banking and fintech, where people need to know exactly who is participating...
Blockchain technology is challenging the status quo in a radical way. By using math and cryptography, blockchain provides an open, decentralized database of any transaction involving value – money, goods, property, work or even votes, creating a re...
The impact of blockchain tech could be huge. At its peak in November 2021, the total market cap of cryptocurrencies surpassed $3T, with the price of a single bitcoin hitting a high of more than $68,000. Big corporations — like Walmart and Pfizer — have completed blockchain pilots, wit...
Yeah. To be more precise, FinTech and DeFi decentralized finance. DeFi is an umbrella term for peer-to-peer financial services on public blockchains. We are capable of handling projects like yield farming, platforms for providing carbon credits on blockchain technology for enterprise clients, dec...
Topics related to Consensus protocols, proof of work, distribution ledger technology, blockchain, and cryptocurrency procedures and structure comes under core themes. Highly developed and emerging themes are considered as a stepping stone for future directions. Underlying topics are related to fintech, ...
Cryptocurrencyandblockchaintechnologies are some of the most well-known, and most scrutinized examples of fintech. Cryptocurrency exchanges, such asCoinbaseandGemini, allow users to buy or sell cryptocurrencies. Blockchain technologies also have the potential to move into industries outside of finance ...
‘fintech’, in order to explain why fintech is happening and why it is happening now, this chapter continues by applying the framework for the drivers of financial innovation as laid out in Chapter4to the phenomenon of fintech. This is followed by a sectoral analysis of fintech activity,...
Blockchain’s functionalities may seem plain and straightforward. But given its tweaks to the old ledger tech, it now sports a few features that would be considered impossible in the soon-to-be old world of today. Blockchain is: Immutable. Entries can’t be changed once they’re recorded....
A blockchain is a decentralized digital ledger that saves transactions on thousands of computers around the globe. These are registered in a way that inhibits their subsequent modification