Explore the Future of Blockchain from the Present and Future of Fintech

Now, Fintech (Fintech) gathers topics in newspaper space and economic news. Eleven areas have already been created, focusing on businesses that offer new financial services and financial products. For example, mobile and QR code payment, which has recently been discussed, is one of the Fintech fields.
Among them, block chains are attracting attention as a growing field. The emergence of blockchains can also be foreseen as IBM, Facebook, Toyota, Mitsubishi UFJ and others like this are actively investing in this area.
This time, let’s think about the future of the blockchain while exploring the present and future of Fintech.

The block chain’s breakthrough depends on the rise of Fintech

The term Fintech is a combination of “Finance”, which stands for finance, and “Technology” for science and technology. It refers to innovative financial products and innovative financial services that mainly use ICT (information technology).
The categories that fall into the Fintech category are broad, and so far, 11 types of service areas have created highly novel financial products. You can see at a glance what services and products are classified as Fintech by referring to the images below.
(Source:  Business + IT, 2018/3/15, 11 fields that should be held from the basics, FinTech and should be held)
For example, we used once such as “LINE Pay (line pay)” which is a smart payment service, “design of money” which is an investment trust using AI, and “CAMPFIRE (camp fire)”, the world’s best crowdfunding company. There may be a lot of financial services that have a lot
There is also the field of virtual currency in this. In other words, terms such as block chains and cryptographic assets are also classified as one of Fintech.
These eleven Fintech areas are not independent financial services. For example, even in the field of cryptographic assets, there are occasions when new projects using crowdfunding are created or convenient payment methods combined with smart payment appear, so that they are mutually complementing each other. I will.
Therefore, the success and growth of the entire Fintech field is essential for the future advancement of cryptographic assets and blockchains.
So what kind of financial products and services are there in addition to cryptographic assets in the Fintech division? We will tell about the concrete contents in the next item

The current of Fintech (Fintech)

The following three points are the financial services that are currently the topic of particular interest in a total of 11 areas of Fintech.
・ Smart payment
・ Investment ・ Asset Management ・ Robo Advisor
・ Crowdfunding
The above three areas are also attracting attention in Japan, but also have characteristics closely related to cryptographic assets and block chains. Let’s talk in detail below.

Smart payment

Smart payment is a payment method that can be settled without cash, or payment service. In addition, what can be settled without the procedure at the bank is also called smart payment.
QR code payment (such as d payment and PayPay), which has recently attracted a lot of attention recently, is one of the smart payments.
Credit cards were the most popular cashless payment method so far, but smart payment has the advantage of being able to be used casually without the need for registration review. On the other hand, as you can receive points like a credit card by making a payment, the range of utilization is expanding, especially for young people.

Investment / Asset Management / Robo Advisor

In Fintech’s investment and asset management, investment trusts that mainly use AI are famous (Robo Advisor). Investors can manage their assets simply by answering simple questions from service providers. It features a mechanism in which the AI ​​analyzes the response, presents the user with the optimal operation method, and can throw the asset operation as it is.
It is compatible with the investment of cryptographic assets, and is the most synergistic among the 11 areas of Fintech.

Cloud funding

Crowdfunding is a service that links a company that wants to raise funds with a supporter who wants to invest in interesting projects and businesses. In Japan, major services such as CAMPFIRE (Campfire) and Ready for (Ready Four) were born, and the amount of assistance in 2018 has grown to 170 billion yen (up 127.5% over the previous year).
(Reference: https://www.yano.co.jp/press-release/show/press_id/2036″>Yano Research Institute, 2018/12/3, conduct research on the domestic crowdfunding market (2018))

The future of Fintech and blockchains

Of the Fintech’s many areas, one of the most notable is the block chain. Blockchains are not confined to the framework of cryptographic assets (finance sector), and are now developed and applied to various genres such as real estate, insurance, medical care, gambling and trade.
One of the reasons is the blockchain’s greatest strength, “safe data storage”. A block chain can store various digital data like a conventional server, but the advantage is that the contents can be distributed and stored between networks (such as PCs and smartphones).
Even if data tampering or hacking occurs in one network, information can be restored from other shared networks. If you try to falsify this, it is necessary to rewrite all shared data from scratch, and it is almost impossible to do fraud.
In addition, as a feature of the block chain, it cannot be overlooked that the compatibility between Fintech is high. For example, in the field of RoboAdvisor, it is possible to store most of the transaction data on the chain, or to simplify the management of personal funds combined with smart payment.
As the Fintech’s specific fields grow in this way, the synergetic effect will bring attention to the block chain as well, and it is attractive that it has high potential. Speaking of crypto assets is often just talking about the ups and downs of the price, but it should be kept in mind that the market will expand with the growth of Fintech as a whole.


The more you focus on Fintech and the blockchain, the more you will change the image of the cryptographic asset. Although there are many speculative parts of current cryptographic assets, it is not surprising that from now on Fintech will focus on utilization (such as settlement) rather than investment as an important tool (currency) to support block chains. I will.
In addition, the combination of cryptographic assets and smart payments, and cryptographic assets and ROBO advisors, etc. will also appear, so we can keep an eye on the growth of Fintech as a whole.