What is the meaning of digital finance

Digital finance refers to a new generation of financial services that combines the Internet and information technology means with traditional financial services. According to the categorization of the industry layout by Econometrics, digital finance includes network payment, cell phone payment, online banking, financial service outsourcing and financial services such as online loan, online insurance and online fund. The main feature of digital finance is the analysis and review of data and figures.

Simple to grasp, it can be understood that digital finance is the use of information technology industry as the core of the financial industry digitalization process, this change is already sweeping the world. Digital finance will promote the development of digital transformation in all fields. In addition, there is a view that the blockchain and digital currency, in fact, is a new generation of digital financial system. The digital financial system, is also implemented in the financial infrastructure of blockchain technology digital currency.

Now, the development of digital finance presents a new trend, the financial technology industry will become a new use of financial technology an outbreak point, the use of financial technology will bring the transformation and development of the financial industry structural opportunities, financial technology will be further strengthened financial services and the real economy of the depth of integration.