FinTEK

  • Centre for Finance,
  • Technology and
  • Economics
  • at Keio
Fintech: friend or foe?

STATEMENT

In Japan, money is considered an inappropriate topic for polite conversation, and can be difficult to discuss even with one’s own family. But money plays a vital role in human society, and if we never discuss it, we cannot learn how to deal with it properly in real life. And as global citizens, a free and open exchange of ideas about money is essential to our understanding of the world. That is why the study of economics is so important.

A discussion of money is, of course, central to the field of economics. Money is said to have been invented in the 7th century BC, and it has been the subject of study and debate by economists for centuries. Whether we consider it to be good or evil, money is a force that continues to drive global economic growth.

Today, fintech is revolutionising the field of economics. From blockchains to virtual currency and artificial intelligence, technology is changing the financial landscape. Fintech has the potential to democratise finance and empower the underprivileged. But will it really make the world a better place? As we have seen in the fields of science and medicine, breakthrough technologies can benefit us and threaten us in equal measure. It all depends on how they are used.

FinTEK’s goal is to promote free and open discussion of the latest advances in financial technology, and to foster the growth of individuals whose theoretical expertise is paired with practical, real-world experience. Today, more than ever, we believe that collaborative research by academia and industry can play an important role in ensuring that fintech innovations are incorporated into the global economy in an orderly and disciplined manner. By integrating this field of study into the economics curriculum, FinTEK seeks to create a fair and equitable society, where the benefits of financial technology are shared by all.

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