FinTech and Blockchain – Keep Bubbling? Or Better Get Real?

  • Nils WinklerEmail author
  • Björn Matthies


“If I had asked people what they wanted, they would have said faster horses”, is a well‐known quote of Henry Ford, the inventor of automobile mass production. And, it is a commonly used opening phrase for tech start‐up investor presentations. Being “disruptive” and “innovative” are key ingredients for such pitch decks and are inflationary buzzwords in today’s venture scene. What’s often left out is being visionary and having the goal to create something substantial, something that generates a positive cash flow, building a lasting and leading business. Buzz has replaced reason in so many cases and cause has been replaced with reach, which is the usually the aim of businesses, rather than creating value.

When we take a look under the hood of FinTech, we can try to see whether it is actually something – or perhaps just a way of categorizing start‐ups of a specific industry. And, as FinTech is very often associated with the omnipresent discussion about crypto currencies and blockchain, we’ll take a look at that too. In discussions and in keynotes the word blockchain is also used as a buzzword. Everyone else seems to hop on the same train, leaving it pretty unclear what it actually means or does – what blockchain is. Hype bears the risk of blindness for the risks and limitations there might be. It appears as if everything in IT could be replaced by blockchain these days, yet it is reasonable to believe that might not be the case at all.

To start off, we will take a look at how trends have developed in digital business in recent times.


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Copyright information

© Springer-Verlag GmbH Germany 2018

Authors and Affiliations

  1. 1.CoCoNo GmbHHamburgGermany

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