Fintech Software Development Trends 2019 | Devexperts Blog
Summary
Each of the current trends: blockchain & crypto, high-frequency algorithmic trading, artificial intelligence, mobile technologies & in-home smart devices, IoT, cloud computing they all boil down to code – software. Instead of the trend of “which coins adhere to my moral philosophy”, fintech players are moving into the more rational mentality of “what works.” In the arena of software development, this indicates a shift toward emphasis being placed on blockchain scalability and wide-spread usability for smart contracts and other DApp models. A combination of machine learning, artificial intelligence, and neurolinguistic programming, when applied to the aggregated data of these institutions will lead to solid actionable business insights. Chatbots will soon be used to do more than check balances and regurgitate numbers—they will become the modern-day trader’s assistant; being able to provide financial coaching, transact on a user’s behalf, and offer a hands-free option to the tasks that are currently done via desktop and mobile. Through the technologies discussed in this article such as AI, VUI, wearables, IoT, etc., development is already underway to offer the security, compliance, and trust needed to carry the world into a cashless future.