“Fintech as a Driver of Decentralization and Deglobalization”

Abstract: The fintech industry has grown rapidly giving a new shape to the global financial landscape. This study explores the transforming role of fintech as a driver of decentralization and deglobalization in the financial sector. Traditional financial institutions have to face many challenges. The fintech industry has created decentralized financial services and reduced the dependency on global intermediaries. Decentralization and Deglobalization have had a significant impact on the finance sector. This paper sheds light on the important ways in which fintech development is defining the future of fintech or making an important contribution to decentralization and deglobalization. Fintech has the potential to disrupt traditional finance systems promote decentralization and contribute to globalization by reducing the reliance on centralized intermediaries. and the study is based on a descriptive research design. The main aim of this study is to explore the role of fintech in decentralization and deglobalization.

Keywords: Fintech, Decentralization, Deglobalization, Centralization, Blockchain technology, Peer to Peer Network