Top 10 expert trend predictions for fintech in 2021

|Nov 28|magazine1 min read

10. Smart contracts

Predicted to disrupt the disruptor is the use of smart contacts. “Smart contracts do away with many inconveniences associated with traditional contracts. This further speeds up the fintech transactions from anywhere in the world and practically any time,” commented Finance Online. 

Smart contracts involve the use of cryptographic keys as a digital signature. Instead of paper, the contracts are encoded in computer language, and are said to be virtually tamper-proof.