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Green Fintech Renaissance

Global connectivity throughout many dimensions has provided an opportunity to make momentous developments in financial and technological inclusion. While blockchain and bitcoins were on top of the headlines in 2017, social and mobile payments have fundamentally changed the financial markets. New electronic trading venues are now being introduced to fixed income trading. ‘FinTech’ refers to these processes, products or business model and new applications in the financial services industry that are provided as an end-to-end process via the Internet and are composed of one or more complementary financial services. At Renaissance we utilize the available resources with the new innovation and technology in order to compete with the traditional financial institutions and intermediaries in the distribution of financial services. The key services provided are of distribution channels, transparency and accountability, financial capability, expanding rural capability and so on. Fintech will also likely to become greener in 2018 in the sense that there will be now a financial incentive for investments into quantum computing which has the potential to greatly reduce the estimated amount of electricity consumed by all of the current computers processing bitcoin. This is possible with the help of carbon footprint of the cryptocurrencies. 

Read more at: http://fortune.com/2017/12/26/4-technology-trends-2018/

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