This book is a collection of academic lectures given on fintech, a topic
that has been written about extensively but only from a business or
technological point of view. In contrast to other publications on the
subject, this book shows the reader how fintech should be understood in
relation to economics, financial theory, policy, and law. It provides
introductory explanations on fintech-related concepts and instruments
such as blockchains, crypto assets, machine learning, high-frequency
trading, and AI. The collected lectures also point to surrounding issues
including start-ups, monetary policy, asset management, cyber and other
security, and stability of financial systems.
The authors include professors, a former central bank official, current
officials at Japan's Financial Services Authority, a lawyer, the former
dean of the Asian Development Bank Institute, and private sector
professionals at the frontline of fintech. The book is most suitable for
those both within and outside of academia who are beginning to learn
about fintech and wish to successfully take part in the revolution that
is certain to have wide-ranging effects on our economy and society.