Modern financial technology and deepening the dimensions of international financial globalization

Abstract

The emergence of financial technology contributed greatly to the revival of financial activity after the global crisis, but in a digital form completely different from what it was in the past, as this system took the decentralized character and abolished third-party mediation, as the block chain technology allowed the introduction of digital and other encrypted currencies to the In addition to digital platforms that abolished the physical presence of the markets and opened the way for everyone to carry out various transactions with different parties, thus breaking the concept of geographical or authoritarian borders for countries, and the spread and expansion of investment operations in the field of financial technology, and with it, financial inclusion and global integration were enhanced. Accelerating and deepening financial globalization in a new stage controlled by the technical nature of technology.