These are FinTech's latest forecasts for 2019
The FinTech industry has grown in recent years. Virtual currencies and Bitcoin (BTC) decreased in 2018 but the development teams behind it continue to perform and do a good job with it. For 2019 there are interesting trends that will mark innovation related to fintech companies.
One of these trends is linked to offers of securities token (STO). Back in 2017 and 2018, the number of Initial offers of coins (Ico) and funds raised by them raised exponentially. At that time, hundreds or even thousands of ICOs were launched on the market. However, the United States. Securities and Exchange Commission (SEC) and other regulatory agencies have tried to control and regulate the market, impacting on ICOs. Now, there are only a few hundred ICOs that are released every month.
With STO it will be possible for companies to collect money and also issue tokens, rather than share certificates. There will be new exchanges built for the trading of these digital titles.
Another important trend is related to the tokenization of different currencies. There are several stablecoins that were issued during 2018. Some of these are anchored to the euro while others to the US dollar. Other legal currencies will be token also allowing merchants to reduce their dependence on credit and debit cards that have very high commissions to operate.
Loan activities will also be token. This is one of the most interesting aspects of blockchain technology. At the moment, it is very difficult to make loans and exchange them. Here because blockchain technology it could make this sector much more efficient and faster.
They can also become real estate, automobiles, precious metals and works of art token. There have been several projects aimed at token creation everyday things or goods that were almost impossible to exchange so easily using blockchain technology.
The same can happen with stocks and bonds, companies. It may be possible for the exchanges to start listing the assets from different markets and to trade against different currencies only from token creation their. Although this may not be easy, there are some exchanges like tZero that announced the listing and trading of private securities tokenized.
Not everything is so positive about these problems related to an improvement in tokenization and the fintech space. In fact, there will be fraud in the good tokenization. There will be several companies and individuals that sell symbolized resources without having registered the underlying asset with a regulated and controlled agency.
Regulatory agencies in the United States will increase their market presence by seeking to better control the market by closing down illegal ICOs and fraudulent companies. This would help people fall who are protected in a very unregulated space.
New companies and infrastructure for companies will also grow. We are talking about custodians and other entities that will offer services to users and other businesses. Investors want to have their tokens secure without having to think about them at all times.
Some of these companies involved in creating better infrastructure for the future of digital goods are i Intercontinental Exchange (ICE), Fidelity Investments or Nasdaq. Many other companies will clearly enter the market and begin to offer their solutions.
2019 it is a year in which all these things will be discussed and discussed among fans of currency and virtual blockchain. In addition, virtual currencies could start to recover from the bear market and help new people enter the space.
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