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The Impact of Financial Technology and Digital Currency on Traditional Financial Industry

Year: 2024

Type: article

Abstract: To harness the potential of financial technology and digital currency and enhance the competitiveness of the traditional financial industry, this paper briefly elucidates the concepts of financial technology and digital currency, along with their current development status. Furthermore, it analyzes the impact of financial technology and digital currency on the traditional financial industry, aiming to enrich research outcomes in this field and propel the development of traditional financial institutions in China.

Source: Journal of Electronic Research and Application

DOI: 10.26689/jera.v8i6.9005

Author: Chengkun Liu

Institution: Beijing Technology and Business University

Language: English

Topic: Digital Transformation in Financial Services

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: diamond

OpenAlex ID: W4404909134

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