Technical innovation is transforming industries. The development of the internet has completely changed the business models of media, entertainment and shopping, to give just a few examples. However, so far banks have remained relatively untouched by the information revolution. A new generation of innovative fintech companies could be about to change that. Of particular importance is the emergence of blockchain technology. Blockchain offers security and transparency, both essential to any financial institution. New companies like Swiss firm Mt Pelerin are pointing to a ...
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