Does fintech alone refer to blockchain layout?

Financial technology in general can be understood as the application of science and technology innovation for the financial business field on the business.

Specifically it is more subdivided, big data, cloud computing, blockchain, artificial intelligence and other technologies belong to the financial technology, and these technologies have been applied in the financial field of business.

For example: big data technology can be used to enhance financial risk control capabilities, we all know that for financial risk control is very important, the traditional banking industry is biased in favor of the existing credit data to carry out risk control, and has big data and deep mining capabilities of the Internet technology companies will be able to carry out a more comprehensive analysis of the data and mining to enhance the financial business of the risk control.

For example, Internet giants like Baidu have utilized their data strengths to develop and launch the "Prajna" big data risk control platform, which is based on Baidu's hundreds of millions of users' data through the Baidu data features and algorithms, as well as through graphical calculations, to enrich credit data and improve risk control capabilities.