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What is fintech?

Management Dictionary
Corporate and Market Finance

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Fintech, a contraction of “finance” and “technology,” refers to companies that use technology to offer innovative financial services that are often more accessible or less expensive than traditional banks. Decentralized finance (DeFi) is a suite of financial services that are not controlled by a central authority. It uses blockchain technology to create financial applications that operate without intermediaries such as banks, financial institutions, or governments.

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Keywords

Decentralized Finance, défi, Fintech

Author(s)

SALLOUM Charbel

Professeur associé

EM-Normandie

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