Financial Technology - FinTech

Fintech is the rockstar and Regtech is the support.

Following are the technologies that are enabling & advancing fintech revolution.


Blockchain

It is an open distributed ledger that is accessible via internet to all, and can record transactions between two parties in a verifiable and permanent way. The information is encrypted and unhackable. Each block contains the record of the transactions from source to destination, amount, timestamp and more. It has previous block hash (encrypted signature)  and the new block hash is created from previous block plus the current block contents. The same blockchain is stored in multiple computers all over the world and every new block is validated before being accepted in the chain.

List of current blocks can be accessed from 

blockchain.info

Cognitive computing & Artificial Intelligence

Internet of Things

Open Source & APIs

Cloud

Big Data & Semantic Web