Blockchain: The Future of Finance? , Mint Masterclass

How is blockchain affecting finance? The world’s finance industry is worth about $22.6 trillion. It accounts for 20-25% of the world economy. Thus, any new technology will always try to disrupt the financial space. The internet has forever changed the way we do banking, and now blockchain is trying to do that with its decentralization and transparency. According to a report by PwC on Global Fintech, 77% of financial institutions are expected to use or try out blockchain in their production systems. In this video, we’ll explore four ways blockchain is changing the financial sector.