Financial Technology (FinTech) as a Driver for Financial Digital Assets

Abstract

Nowadays, we frequently encounter the term of “digital assets†within the financial market’s terminology and media. As this native asset class is maturing, the uncertainty with regards to the underlying value, remains. The cause is clearly the agitated history that transcended the space of cryptocurrencies, which during its evolving stages, created confusion and misconceptions with regards to the purpose and viability of digital asset classes across various industries. In order to understand the real potential of digital assets and its underlying technology, it is important to clearly assess and classify this novel assets class, outlining the benefits for all financial actors and institutions, before projecting the future of finance around Blockchain and Distributed Ledger Technology (DLT). This paper will focus on the evolution of financial digital assets and the impact Financial Technology played in the adoption of novel financial services as a new emerging asset class within the Alternative Investment Spectrum.