Build up blockchain technology in fintech : merits dmerits future in financial sector

Abstract

Over the year privacy issue is their in tranditional banking system and yes,the traditional banking system is improving very slowly. Finacial stability is biggest issue for everyone who want to secure money for future. Even in recent year also transaction take time if anyone do through traditional banking system sometime days also for one transaction which solve by fintech. And another issue is keeping record of all transaction chronologically order and give privacy for that data is which at some extents solve by block chain technology . It overcome problem of third party involvement in between their saving and their future to fill gap between one person transaction to another person . block chain is seems to good solution for fintech This paper is To analyze how much Blockchain its effective and what are the merits and demerits of block chain in fintech.and how block chain is help fintech to handle fincial services for user using crypt currency form. This paper is also focused on future of blockchain in fintech.Researcher is doing doctorial research in this paper