Desfran Consulting

Digitalisation is fast changing the landscape of the banking industry and Indonesia is at the forefront of this change. As Indonesia adopts an innovative and technology-driven solution to create a sustainable and conducive FinTech lending environment, it is essential to address the foreseeable challenges of providing credit access to these previously untapped individuals and MSMEs. Digital technology will continue to transform the banking industry in Indonesia .

Innovations using blockchain technology disrupted how companies and markets conduct business. Digital currencies are on the rise, particularly stablecoins, due to its convenience and opportunities it offers to businesses. For tech entrepreneurs who hire foreign talents offshore, stablecoins are the answer to efficiently move funds and improve the flow of capital .

Several countries such as South Korea, Malaysia and Taiwan are currently experiencing the effects of the ongoing US-China trade war. For Vietnam, it is an excellent opportunity to bolster growth and attract foreign direct investments (FDI) amid such tumultuous economic conditions. With the continuous economic development, Vietnam is poised to become an attractive destination for foreign investors who want to set up their companies offshore in the country .

The British Virgin Islands (BVI) lives up to its alias by being one of the foremost offshore financial centers underpinned with a thriving tourism sector. As the third largest cryptocurrency market in the world, BVI is no stranger to the FinTech industry. And as the FinTech industry evolves to encompass other business models, there is a need to foster advancements in the sector and assist startups in innovation .