What does digital finance mean?

Digital finance refers to a new generation of financial services combined with traditional financial services through the Internet and information technology. According to the industrial layout of Analysys think tank, digital finance includes online payment, mobile payment, online banking, financial service outsourcing and online loans, online insurance, online funds and other financial services. The main feature of digital finance is the analysis and audit of data and figures.

Understandably, digital finance is a digital process of financial industry with information technology industry as its core, and this change has swept the world. Digital finance will promote digital transformation and development in various fields. In addition, some people think that blockchain and digital currency are actually a new generation of digital financial systems. The digital financial system is also implemented in digital currency on the financial infrastructure of blockchain technology.

At present, the development of digital finance presents a new trend, and the financial technology industry will become a new breakthrough point for its application. The application of financial technology will bring structural opportunities for the transformation and development of the financial industry, and financial technology will further strengthen the deep integration of financial services and the real economy.